The purpose of this study was to augment the Bank's research on land markets and investigate key land market issues in four case study cities in South and East Asia. From the study results, the consultants have attempted to determine whether or not certain policy instruments can be adopted in the respective cities and in other regions of the world. Ultimately the study, in tracing the role of various land development policies in these cities, may provide guidance to the World Bank in understanding the effects of constraints on the land and housing markets and in determining alternative policy measures to address the shelter needs of the urban poor. The study aimed to provide a way forward for using less conventional instruments under those market constraints. This final report shows the results of the work conducted after the submission of the inception report in May 2007 and the draft final report in August 2007. It is divided into four sections. In this first section, a brief introduction provides the background to the study, its objectives, and the main characteristics that effect urban land and housing markets. It also provides the context for the study by illustrating the methodology used in carrying it out. The second section focuses on a literature review of innovative land policy instruments. In the third section, the main political economy issues involved in promoting and implementing innovative land policy instruments are discussed. This section draws heavily on the information collected from the four study cities surveyed together with materials known to the authors. The fourth and final section will assess the applicability of indicators used for data collection and propose a core set of indicators for analyzing the policy-making processes in urban land management. Appendix A contains the survey instrument used to conduct the study while appendix B provides the specific guidelines used in interviewing stakeholders on less conventional land use instruments.
Details
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Document Date
2007/12/01
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Document Type
Other Urban Study
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Report Number
70429
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2012/07/03
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Disclosure Status
Disclosed
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Doc Name
The evolving role of world bank urban shelter projects : addressing land market and economy-wide constraints
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Keywords
Municipal Corporation of Greater Mumbai;tax income tax;Property tax;land and housing;amount of income tax;market value of land;choice of tax base;efficient use of land;social and economic development;highest and best use;land value increment tax;impact on land values;differentiation of tax rates;land development policy;vacant land tax;urban land development;property taxation;municipal land management;capital value system;real estate tax;tax on land;urban land market;civil society group;supply of land;land use;land price;civil society sector;world wide web;land value tax;fair market value;land use decisions;land management plans;urban land supply;urban land management;access to land;land use regulation;policy and institution;political economy approach;availability of infrastructure;capital transfer tax;local government official;private sector entities;taxation of land;joint venture company;high tax rate;property tax rate;urban land value;foreign direct investment;property taxation system;urban land use;central government funding;lack of awareness;source of revenue;international development partner;provision of shelter;land management policy;autonomy of municipality;provision of infrastructure;land use zoning;sections of society;combination of land;property tax system;land information system;levy property tax;property tax structure;real property tax;annual rental value;land use pattern;piece of property;informal land market;civil society associations;ad valorem tax;parcel of land;site value taxation;community at large;effect of taxation;department of economics;requests for proposal;countries in transition;land information management;local government revenue;civil society network;practice of land;land use management;land use policy;devolution of power;property tax reform;local government autonomy;subject to taxation;Local Government Finance;tax policy choice;corporate tax rate;types of taxes;
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Citation
The evolving role of world bank urban shelter projects : addressing land market and economy-wide constraints (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/959321468332991271/The-evolving-role-of-world-bank-urban-shelter-projects-addressing-land-market-and-economy-wide-constraints