Comment on the pros and cons of privatization of social welfare services in Hong Kong society. Use the “LINK-REIT” as an example to illustrate your answer.

Topic 6: Comment on the pros and cons of privatization of companionable social welfare services in Hong Kong society. Use the LINK-REIT as an object lesson to exposit your answer. Introduction The Link-Reit (Real Estate Investment Trust) has long been a arguable issue ever since its launch. The issue in fact concerns the privatization of common assistance services. The purpose of this makeup is to review the worthiness of privatization in the center of conflicts of interests among different groups of people in Hong Kong. For a start, the interpretation of privatization of well-being services will be tell. Then, there would be a brief summary on the privatization development in Hong Kong. As this paper will focus on discussing privatization by utilize the Link-Reit as an example, the background information of Link-Reit will be given. The merits and demerits of privatization of fond social welfare services will be reviewed in the circumstance of the Link-Reit . Eventually, recommendations regarding the disadvantages of privatization will be given. The scope of privatization to be discussed in this paper will be confined to privatization of populace housing.

Definition of privatization of welfare services Privatization of welfare services is sketch as the transfer of the provision of welfare services from the normal sector to the cliquish sector. Le voluptuary & R. Robinson (1984) pointed fall out that any reduction of the roles of the government in welfare provision, such as direct provision, subsidy and regulation, is defined as the approach of the proc ess of privatization of welfare services. It! is a steering to enhance the straightforward distribution of social resources. A. Walker (1984) stated that privatization takes place when office for a service or a particular formulation of service delivery passes wholly or in part, to the private sector and when market criteria, such as profit or ability to pay, If you want to get a full essay, secernate it on our website: BestEssayCheap.com

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