Reforming Land and Real Estate Markets
World Bank, Private Provision of Public Services Group, Private Sector Advisory Services, 2001 - Land reform - 39 pages
Some World Bank-supported efforts at land and real estate reform have too narrow a technical focus, at the expense of institutional reform. Some emphasize one set of reforms (such as mortgage finance) while ignoring others essential to those reforms (such as clear property rights and land registration). Some emphasize one sector (such as urban land) while ignoring its interaction with another (rural land conversion). To be successful, reforms need to be comprehensive in design, even if implementation is phased over time.
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access to credit agriculture e.g. areas of reform assessment Asset Inequality associated problems Banerjee Bank-supported projects Bank’s benefits Bulky investment capital markets CASs collateral constraint Country Assistance Strategy credibility define property rights Deininger Derived demand developing countries development of land Dowall East Asia effective Enforcement RICE Evaluation Finance and Risk findings Fiscal Policy Fixed in location focus on land framework Francis Ng housing e.g. housing finance impact implementation income information asymmetry infrastructure inputs institutional development interest rate land and real Land Markets land reforms land registration land tenure landless lending operations market reforms mortgage finance Operations Evaluation Department output ownership percent Policy Research poverty reduction price controls productivity real estate assets real estate issues real estate markets real estate reforms reduce reforming land regulatory Renaud rent control Research Working Paper Risk Management sector subsidies term finance Thailand transaction costs urban Washington D.C. World Bank