Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious

In 1986 the World Bank prepared a strategy for low-income housing in developing countries. This work grew out of the Bank's efforts to support the urban poor through an extensive housing assistance program that was launched by Bank President M...

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Main Authors: Buckley, Robert M., Kalarickal, Jerry
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/10/5215821/shelter-strategies-urban-poor-idiosyncratic-successful-hardly-mysterious
http://hdl.handle.net/10986/14225
id okr-10986-14225
recordtype oai_dc
spelling okr-10986-142252021-04-23T14:03:21Z Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious Buckley, Robert M. Kalarickal, Jerry ACCOUNTABILITY CAPITAL MARKETS CITIES COMMUNITY FACILITIES COMMUNITY PARTICIPATION CONSUMERS COST OF CAPITAL COUNTRYSIDE DECENTRALIZATION DECENTRALIZATION PROCESS DORMITORY TOWNS EXTERNALITIES FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL SYSTEMS GENDER GENDER EQUALITY HABITAT HOUSE PRICES HOUSES HOUSING HOUSING AGENCIES HOUSING DEMAND HOUSING ECONOMICS HOUSING FINANCE HOUSING MARKET HOUSING MARKETS HOUSING POLICY HOUSING PRICES HOUSING PROGRAMS HOUSING PROJECTS HOUSING STANDARDS HOUSING SUPPLY HOUSING UNITS INCOME INFLATION INFLATION RATES INFORMAL HOUSING INTEREST RATES INVENTORY LAND DEVELOPMENT LAND USE LAWS LEGAL FRAMEWORK LOCAL GOVERNMENTS LOW INCOME HOUSING MORTGAGE LOANS MUNICIPAL FINANCE NOW ACCOUNTS PRIVATIZATION PUBLIC HOUSING PUBLIC POLICY PUBLIC SECTOR REAL ESTATE MARKETS REGULATORY FRAMEWORK RENTS RESIDENCES RESIDENTIAL AREAS RESIDENTIAL PROPERTY RURAL AREAS SAVINGS SETTLEMENTS SHELTER SLUMS SQUATTER SETTLEMENTS SUBSIDIZED HOUSING SUBURBS THAILAND TRANSITION ECONOMIES TRANSPORT URBAN AREAS URBAN DEVELOPMENT URBAN ECONOMIES URBAN ECONOMY URBAN LAND URBAN MANAGEMENT URBAN POOR URBAN POPULATION URBAN POVERTY URBANIZATION In 1986 the World Bank prepared a strategy for low-income housing in developing countries. This work grew out of the Bank's efforts to support the urban poor through an extensive housing assistance program that was launched by Bank President McNamara's speech on urban poverty. By that time, the Bank had provided more than $4 billion of such assistance, and had undertaken an extensive research effort to design support for that lending. Much has changed since that time, not only in the way the Bank provides shelter assistance, more than doubling its support since that review, but also in the changing consensus as to what shelter strategy should be. The authors review the emerging consensus. They examine three new research areas: the empirical analysis of the effects policy has on housing supply; the richer understanding of the effects that land market regulations have on specific projects and on the functioning of urban areas; and the alleged mysterious effects that de Soto, for example, claims that effective property rights have not only for shelter policy but for development more generally. The authors also examine the emergence of both a new financial innovation, micro-enterprise finance, and the increased emphasis given to project design based on community participation, showing how these approaches more fully reconcile the incentives faced by beneficiaries and donors. In sum, the authors argue that the evolving consensus on shelter strategy is not nearly as mysterious as some would claim. Housing markets in most developing countries remain highly idiosyncratic and constrained. Nevertheless, the evolving consensus on shelter strategy appears to recognize these idiosyncrasies and policy constraints as evidenced by the strong and improving performance of the Bank's shelter lending. 2013-06-27T13:02:54Z 2013-06-27T13:02:54Z 2004-10 http://documents.worldbank.org/curated/en/2004/10/5215821/shelter-strategies-urban-poor-idiosyncratic-successful-hardly-mysterious http://hdl.handle.net/10986/14225 English en_US Policy Research Working Paper;No.3427 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
CAPITAL MARKETS
CITIES
COMMUNITY FACILITIES
COMMUNITY PARTICIPATION
CONSUMERS
COST OF CAPITAL
COUNTRYSIDE
DECENTRALIZATION
DECENTRALIZATION PROCESS
DORMITORY TOWNS
EXTERNALITIES
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL SYSTEMS
GENDER
GENDER EQUALITY
HABITAT
HOUSE PRICES
HOUSES
HOUSING
HOUSING AGENCIES
HOUSING DEMAND
HOUSING ECONOMICS
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING PROGRAMS
HOUSING PROJECTS
HOUSING STANDARDS
HOUSING SUPPLY
HOUSING UNITS
INCOME
INFLATION
INFLATION RATES
INFORMAL HOUSING
INTEREST RATES
INVENTORY
LAND DEVELOPMENT
LAND USE
LAWS
LEGAL FRAMEWORK
LOCAL GOVERNMENTS
LOW INCOME HOUSING
MORTGAGE LOANS
MUNICIPAL FINANCE
NOW ACCOUNTS
PRIVATIZATION
PUBLIC HOUSING
PUBLIC POLICY
PUBLIC SECTOR
REAL ESTATE MARKETS
REGULATORY FRAMEWORK
RENTS
RESIDENCES
RESIDENTIAL AREAS
RESIDENTIAL PROPERTY
RURAL AREAS
SAVINGS
SETTLEMENTS
SHELTER
SLUMS
SQUATTER SETTLEMENTS
SUBSIDIZED HOUSING
SUBURBS
THAILAND
TRANSITION ECONOMIES
TRANSPORT
URBAN AREAS
URBAN DEVELOPMENT
URBAN ECONOMIES
URBAN ECONOMY
URBAN LAND
URBAN MANAGEMENT
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBANIZATION
spellingShingle ACCOUNTABILITY
CAPITAL MARKETS
CITIES
COMMUNITY FACILITIES
COMMUNITY PARTICIPATION
CONSUMERS
COST OF CAPITAL
COUNTRYSIDE
DECENTRALIZATION
DECENTRALIZATION PROCESS
DORMITORY TOWNS
EXTERNALITIES
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL SYSTEMS
GENDER
GENDER EQUALITY
HABITAT
HOUSE PRICES
HOUSES
HOUSING
HOUSING AGENCIES
HOUSING DEMAND
HOUSING ECONOMICS
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING PROGRAMS
HOUSING PROJECTS
HOUSING STANDARDS
HOUSING SUPPLY
HOUSING UNITS
INCOME
INFLATION
INFLATION RATES
INFORMAL HOUSING
INTEREST RATES
INVENTORY
LAND DEVELOPMENT
LAND USE
LAWS
LEGAL FRAMEWORK
LOCAL GOVERNMENTS
LOW INCOME HOUSING
MORTGAGE LOANS
MUNICIPAL FINANCE
NOW ACCOUNTS
PRIVATIZATION
PUBLIC HOUSING
PUBLIC POLICY
PUBLIC SECTOR
REAL ESTATE MARKETS
REGULATORY FRAMEWORK
RENTS
RESIDENCES
RESIDENTIAL AREAS
RESIDENTIAL PROPERTY
RURAL AREAS
SAVINGS
SETTLEMENTS
SHELTER
SLUMS
SQUATTER SETTLEMENTS
SUBSIDIZED HOUSING
SUBURBS
THAILAND
TRANSITION ECONOMIES
TRANSPORT
URBAN AREAS
URBAN DEVELOPMENT
URBAN ECONOMIES
URBAN ECONOMY
URBAN LAND
URBAN MANAGEMENT
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBANIZATION
Buckley, Robert M.
Kalarickal, Jerry
Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
relation Policy Research Working Paper;No.3427
description In 1986 the World Bank prepared a strategy for low-income housing in developing countries. This work grew out of the Bank's efforts to support the urban poor through an extensive housing assistance program that was launched by Bank President McNamara's speech on urban poverty. By that time, the Bank had provided more than $4 billion of such assistance, and had undertaken an extensive research effort to design support for that lending. Much has changed since that time, not only in the way the Bank provides shelter assistance, more than doubling its support since that review, but also in the changing consensus as to what shelter strategy should be. The authors review the emerging consensus. They examine three new research areas: the empirical analysis of the effects policy has on housing supply; the richer understanding of the effects that land market regulations have on specific projects and on the functioning of urban areas; and the alleged mysterious effects that de Soto, for example, claims that effective property rights have not only for shelter policy but for development more generally. The authors also examine the emergence of both a new financial innovation, micro-enterprise finance, and the increased emphasis given to project design based on community participation, showing how these approaches more fully reconcile the incentives faced by beneficiaries and donors. In sum, the authors argue that the evolving consensus on shelter strategy is not nearly as mysterious as some would claim. Housing markets in most developing countries remain highly idiosyncratic and constrained. Nevertheless, the evolving consensus on shelter strategy appears to recognize these idiosyncrasies and policy constraints as evidenced by the strong and improving performance of the Bank's shelter lending.
format Publications & Research :: Policy Research Working Paper
author Buckley, Robert M.
Kalarickal, Jerry
author_facet Buckley, Robert M.
Kalarickal, Jerry
author_sort Buckley, Robert M.
title Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
title_short Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
title_full Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
title_fullStr Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
title_full_unstemmed Shelter Strategies for the Urban Poor: Idiosyncratic and Successful, but Hardly Mysterious
title_sort shelter strategies for the urban poor: idiosyncratic and successful, but hardly mysterious
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/10/5215821/shelter-strategies-urban-poor-idiosyncratic-successful-hardly-mysterious
http://hdl.handle.net/10986/14225
_version_ 1764430781269147648