eBook

Land policies for growth and poverty reduction

World Bank, Deininger, Klaus W.

2003

Overview

Land is a key component of the wealth of any nation. Throughout history, virtually all civilizations have spent considerable time defining land rights and establishing institutions to administer them. Well-defined, secure, and transferable rights to land are crucial to development efforts. In developing countries, most land is used for agricultural production, a mainstay of economic sustenance. The possession of land rights also typically ensures a baseline of shelter and food supply and allows people to turn latent assets into live capital through entrepreneurial activity. Once secure in their land rights, rural households invest to increase productivity. Moreover, the use of land as a primary investment vehicle allows households to accumulate and transfer wealth between generations. The ability to use land rights as collateral for credit helps create a stronger investment climate and land rights are thus, at the level of the economy, a pre-condition for the emergence and operation of financial markets. Property rights to land are one of the cornerstones for the functioning of modern economies. This book looks first at the historical, conceptual, and legal contexts of property rights to land. It then considers aspects of land transactions, including the key factors affecting the functioning of rural land markets. Finally, it explores the scope and role of governments and land policy formation and discusses ways in which developing countries can establish land policy frameworks that maximize social benefit.

• Publisher: Oxford University Press,World Bank,World Bank Publications,The World Bank,Washington, DC: World Bank and Oxford University Press
• Subject: ACCESS TO CREDIT ACCOUNTABILITY / AGRARIAN REFORM / AGRICULTURE / ALLOCATION OF LAND / ASSOCIATED COMPANIES / CASE STUDIES / CONCEPTUAL FRAMEWORK / Developing countries / Developing countries -- Economic conditions / DEVOLUTION / ECONOMIC ACTIVITY / ECONOMIC CHANGE / ECONOMIC CONDITIONS / ECONOMIC CONSEQUENCES / ECONOMIC DEVELOPMENT / ECONOMIC EFFECTS / ECONOMIC FACTORS / ECONOMIC GROWTH / ECONOMIC IMPACT / ECONOMIES OF SCALE / EFFECTIVE DEMAND / EFFECTIVE USE / EMPIRICAL EVIDENCE / EMPLOYMENT / EXPENDITURES / EXTERNALITIES / Farm ownership / Farm ownership -- Developing countries / FARMS / FINANCIAL ACTIVITIES / FINANCIAL INSTITUTIONS / FINANCIAL MARKETS / FISCAL DECENTRALIZATION / Government policy / HOUSEHOLDS / INCOME / INDIGENOUS PEOPLES / INSURANCE / LAND ADMINISTRATION / LAND CLAIMS / LAND DISTRIBUTION / LAND MANAGEMENT / LAND MARKETS / LAND OWNERSHIP / LAND PRODUCTIVITY / LAND RECORDS / LAND REFORM / Land reform -- Developing countries / LAND REFORMS / LAND RENT / LAND RENTAL / LAND RIGHTS / LAND SALES / LAND TENURE / Land tenure -- Developing countries / LAND USE / Land use -- Government policy -- Developing countries / LAND USE PLANNING / LAND VALUE TAXATION / LAND VALUES / LANDLORDS / LANDOWNERS / LAWS / LEASES / LEGAL PROVISIONS / LEGISLATION / LOCAL GOVERNMENTS / MARKET DISTORTIONS / MARKET FORCES / MARKET LIBERALIZATION / MIGRATION / POLICY FRAMEWORK / POLICY MAKING / POPULATION GROWTH / Poverty / Poverty -- Developing countries / POVERTY REDUCTION / PRIVATE PROPERTY / PRIVATIZATION / PRODUCERS / PRODUCTIVITY / PROPERTY RIGHTS / PUBLIC GOODS / REGIONAL DEVELOPMENT BANKS / REGULATORY FRAMEWORK / RENTS / RESTRUCTURING / Right of property / Right of property -- Developing countries / RISK MANAGEMENT / RURAL LAND POLICY / Rural poor / Rural poor -- Developing countries / Rural poverty / SECURE PROPERTY RIGHTS / SOCIAL POLICY / SOCIOECONOMIC CONDITIONS / STREAMS / STRUCTURE OF GOVERNANCE / SUBSIDIARY / SUSTAINABLE DEVELOPMENT / SUSTAINABLE GROWTH / TAX REFORM / TAXATION / TECHNICAL ASSISTANCE / TRANSACTION COSTS / TRANSITION ECONOMIES / URBAN LAND POLICY / URBAN MIGRATION / URBAN PLANNING / ZONING
• ISBN: 9780821350713, 0821350714