Urban Land Markets: Improving Land Management for Successful Urbanization

ISBN-13: 9789400790643 / Angielski / Miękka / 2014 / 408 str.

Somik V Lall;Mila Freire;Belinda Yuen

Opis

As urbanization progresses at a remarkable pace, policy makers and analysts come to understand and agree on key features that will make this process more efficient and inclusive, leading to gains in the welfare of citizens. Drawing on insights from economic geography and two centuries of experience in developed countries, the World Bank s World Development Report 2009: Reshaping Economic Geography emphasizes key aspects that are fundamental to ensuring an efficient rural-urban transformation. Critical among these are land, as the most important resource, and well-functioning land markets. Regardless of the stage of urbanization, flexible and forward-looking institu- ons that help the efficient functioning of land markets are the bedrock of succe- ful urbanization strategies. In particular, institutional arrangements for allocating land rights and for managing and regulating land use have significant implica- ons for how cities deliver agglomeration economies and improve the welfare of their residents. Property rights, well-functioning land markets, and the management and servicing of land required to accommodate urban expansion and provide trunk infrastructure are all topics that arise as regions progress from incipient urbani- tion to medium and high density."

Spis treści

Foreword Preface List of Editors and Contributors Acronyms and Abbreviations Introduction: What Do We Know about Urban Land Markets? Part I. Land Markets, Regulation, and Welfare 1. Government Land Use Interventions: An Economic Analysis 2. The Effect of Residential Land Market Regulations on Urban Welfare 3. Land Use Regulation: Transferring Lessons from Developed Economies 4. Making Urban Land Markets Work Better in South African Cities and Towns: Arguing the Basis for Access by the Poor Part II. Land Market Policies and the Urban Poor 5. The Formalization of Urban Land Tenure in Developing Countries 6. Social and Economic Impacts of Land Titling Programs in Urban and Periurban Areas: A Short Review of the Literature 7. Informal Neighborhoods in the Buenos Aires Metropolitan Region: Understanding the Effects of Land Regulation on the Welfare of the Poor 8. Informal Rental Markets: The Low-Quality, High-Price Puzzle in Nairobi’s Slums 9. Assessing Benefits of Slum Upgrading Programs in Second-Best Settings 10. Housing Demand, Tenure Choice, and Housing Policy in Brazil 11. Housing Conditions and Income Distribution: Evidence from São Paulo Part III. Public Land Management 12. Does Public Ownership and Management of Land Matter for Land Market Outcomes? 13. Taking Land around the World: International Trends in Expropriation for Urban and Infrastructure Projects 14. Guiding Spatial Changes: Singapore Urban Planning 15. Aid, Density, and Urban Form: Anticipating Dakar Index

Blurb

The challenge of facilitating economic density is fundamental for successful urbanization. Flexible and forward-looking institutions that help the efficient functioning of land markets are vital in this respect. In particular, institutional arrangements for regulating land use, managing public land and allocating land rights have significant implications for how cities deliver agglomeration economies and improve the welfare of their residents.

This book provides fresh insights into these issues, compiling selected pieces of analytical and empirical research presented at the World Bank's Fourth Urban Research Symposium on Urban Land Use and Land Markets, held in Washington, DC, May 2007. Specially commissioned papers helped develop a robust analytical foundation to clarify ongoing debates on urban land management and welfare and synthesized the political and administrative challenges of improving the efficiency of urban land markets. Among the questions that this book addresses are:

- Does more public intervention in land markets produce more affordable land market outcomes?

- Do conventional approaches to strengthening property rights bolster security of tenure and market transactions?

- How should governments go about integrating informal settlements with the broader city economy?