Leveraging Land to Enable Urban Transformation: Lessons from Global Experience

43 Pages Posted: 20 Apr 2016

See all articles by Nancy Lozano-Gracia

Nancy Lozano-Gracia

World Bank

Somik V. Lall

World Bank

Cheryl Young

University of California, Berkeley

Tara Vishwanath

World Bank - Economic Development Institute

Date Written: January 1, 2013

Abstract

Around the world, in both developed and developing countries, policy makers use a variety of tools to manage and accommodate urban growth and redevelopment. Government officials have three main concerns in terms of land policy: (i) accommodating urban expansion, (ii) providing infrastructure, and (iii) managing density. Together, the planning for infrastructure and urban expansion, land use, and density policies combine to shape the spatial structure of cities. This paper reviews global experience on using land based instruments to accommodate urban development and financing infrastructure. The review suggests that urban transformation is most efficient when land markets are fluid, particularly when they are grounded in strong institutions that (i) assign and protect property rights, (ii) enable independent valuation and public dissemination of land values across uses, and (iii) enable the judicial system to handle disputes that may arise in the process.

Keywords: Public Sector Management and Reform, Public Sector Economics, Municipal Financial Management, Regional Governance, Urban Governance and Management

Suggested Citation

Lozano-Gracia, Nancy and Lall, Somik V. and Young, Cheryl and Vishwanath, Tara, Leveraging Land to Enable Urban Transformation: Lessons from Global Experience (January 1, 2013). World Bank Policy Research Working Paper No. 6312. Available at SSRN: https://ssrn.com/abstract=2200770

Nancy Lozano-Gracia

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Somik V. Lall

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

HOME PAGE: http://econ.worldbank.org/staff/slall

Cheryl Young

University of California, Berkeley

310 Barrows Hall
Berkeley, CA 94720
United States

Tara Vishwanath

World Bank - Economic Development Institute ( email )

1818 H Street
Washington, DC 20433
United States
202-473-1152 (Phone)

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