Housing Policy in Developing Countries : Conjectures and Refutations

This housing policy in developing countries, conjectures and refutations article discusses housing policy in developing economies. It examines recent research findings in light of earlier arguments as to the benefits of more market-oriented approac...

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Main Authors: Buckley, Robert M., Kalarickal, Jerry
Format: Journal Article
Language:English
en_US
Published: Oxford University Press on behalf of the World Bank 2013
Subjects:
ALM
Online Access:http://documents.worldbank.org/curated/en/2013/01/17591872/housing-policy-developing-countries-conjectures-refutationsbr-housing-policy-developing-countries-conjectures-refutations
http://hdl.handle.net/10986/16401
id okr-10986-16401
recordtype oai_dc
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 ACCESS TO LAND
AFFORDABLE HOUSING
ALM
ASYMMETRIC INFORMATION
AUTONOMY
BUILDING INDUSTRY
BUILDING SOCIETIES
CAPITAL MARKETS
CENTRAL PLANNING
CITIES
COMMON PROPERTY
COMMUNITIES
COMMUNITY FACILITIES
COMMUNITY GROUPS
COMMUNITY INVOLVEMENT
COMMUNITY PARTICIPATION
COMPARATIVE ADVANTAGE
COUNTRYSIDE
DECENTRALIZATION
DEFAULT RISK
DEMOGRAPHIC TRANSITION
DORMITORY TOWNS
DURABLE GOODS
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMICS
EMERGING MARKETS
EMPIRICAL ANALYSIS
EMPIRICAL BASIS
EMPIRICAL EVIDENCE
ENERGY EFFICIENCY
ENVIRONMENTS
EUROPEAN CENTRAL BANK
EXTERNALITIES
FEDERAL RESERVE BANK OF BOSTON
FEDERAL RESERVE BANK OF NEW YORK
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MARKETS
FINANCIAL RESOURCES
FINANCIAL SYSTEMS
HABITAT
HOME OWNERSHIP
HOUSE PRICES
HOUSEHOLDS
HOUSES
HOUSING
HOUSING AFFORDABILITY
HOUSING CONDITIONS
HOUSING DEMAND
HOUSING ECONOMICS
HOUSING FINANCE
HOUSING FINANCE SYSTEM
HOUSING FINANCE SYSTEMS
HOUSING INDICATORS
HOUSING LOANS
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING PROBLEMS
HOUSING PROGRAMS
HOUSING PROJECTS
HOUSING RESEARCH
HOUSING STANDARDS
HOUSING SUBSIDIES
HOUSING SUPPLY
HOUSING UNITS
HOUSING VOUCHERS
HUMAN SETTLEMENTS
INCOME
INCOME ELASTICITY
INFLATION
INFLATION RATES
INFORMAL HOUSING
INSURANCE
INTEREST RATES
INTERVENTIONS
LAND DEVELOPMENT
LAND ECONOMICS
LAND SUPPLY
LAND TENURE
LAND USE
LEGAL FRAMEWORK
LOCAL GOVERNMENT
MASS TRANSIT
MAYORS
METROPOLITAN AREAS
MICROFINANCE
MORTGAGE
MORTGAGE CREDIT
MORTGAGE DEFAULT
MORTGAGE DEFAULT RISK
MORTGAGE FINANCE
MORTGAGE LENDING
MORTGAGE MARKETS
MORTGAGE SECURITIES
MUNICIPALITIES
PATENTS
PERFECT INFORMATION
POLICY ENVIRONMENT
POLITICAL ECONOMY
POPULATION DENSITIES
POPULATION GROWTH
POVERTY REDUCTION
PRIVATE HOUSING
PRIVATE PROPERTY
PRIVATIZATION
PROPERTY RIGHTS
PUBLIC
PUBLIC CHOICE
PUBLIC GOODS
PUBLIC GOVERNANCE
PUBLIC HOUSING
PUBLIC OWNERSHIP
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SECTOR INTERVENTIONS
REAL ESTATE
REAL ESTATE MARKETS
REGIONAL DEVELOPMENT
REGULATORY FRAMEWORK
RENT CONTROL
RENTS
RESIDENCES
RESIDENTIAL AREAS
RESIDENTIAL PROPERTY
RESIDENTIAL REAL ESTATE
RESOURCE ALLOCATION
RESOURCE MOBILIZATION
RESOURCE USE
RURAL AREAS
SAFETY
SAVINGS
SECURITIES
SECURITIZATION
SETTLEMENT
SETTLEMENT PATTERNS
SHELTER
SLUM
SLUMS
SOCIAL SAFETY NETS
SPATIAL PATTERNS
SQUATTER
SQUATTER SETTLEMENTS
STATE GOVERNMENTS
STRUCTURAL CONDITIONS
STRUCTURAL FACTORS
SUBSIDIZED HOUSING
SUBURBS
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
TENANCY
TRANSITION ECONOMIES
TRANSPORT
URBAN AREAS
URBAN DEVELOPMENT
URBAN ECONOMIES
URBAN ECONOMY
URBAN HOUSING
URBAN LAND
URBAN POLICY
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBAN STUDIES
URBANIZATION
WELFARE EFFECTS
WELFARE GAINS
WILLINGNESS TO PAY
spellingShingle ACCESS TO LAND
AFFORDABLE HOUSING
ALM
ASYMMETRIC INFORMATION
AUTONOMY
BUILDING INDUSTRY
BUILDING SOCIETIES
CAPITAL MARKETS
CENTRAL PLANNING
CITIES
COMMON PROPERTY
COMMUNITIES
COMMUNITY FACILITIES
COMMUNITY GROUPS
COMMUNITY INVOLVEMENT
COMMUNITY PARTICIPATION
COMPARATIVE ADVANTAGE
COUNTRYSIDE
DECENTRALIZATION
DEFAULT RISK
DEMOGRAPHIC TRANSITION
DORMITORY TOWNS
DURABLE GOODS
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC EFFECTS
ECONOMIC GROWTH
ECONOMICS
EMERGING MARKETS
EMPIRICAL ANALYSIS
EMPIRICAL BASIS
EMPIRICAL EVIDENCE
ENERGY EFFICIENCY
ENVIRONMENTS
EUROPEAN CENTRAL BANK
EXTERNALITIES
FEDERAL RESERVE BANK OF BOSTON
FEDERAL RESERVE BANK OF NEW YORK
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MARKETS
FINANCIAL RESOURCES
FINANCIAL SYSTEMS
HABITAT
HOME OWNERSHIP
HOUSE PRICES
HOUSEHOLDS
HOUSES
HOUSING
HOUSING AFFORDABILITY
HOUSING CONDITIONS
HOUSING DEMAND
HOUSING ECONOMICS
HOUSING FINANCE
HOUSING FINANCE SYSTEM
HOUSING FINANCE SYSTEMS
HOUSING INDICATORS
HOUSING LOANS
HOUSING MARKET
HOUSING MARKETS
HOUSING POLICY
HOUSING PRICES
HOUSING PROBLEMS
HOUSING PROGRAMS
HOUSING PROJECTS
HOUSING RESEARCH
HOUSING STANDARDS
HOUSING SUBSIDIES
HOUSING SUPPLY
HOUSING UNITS
HOUSING VOUCHERS
HUMAN SETTLEMENTS
INCOME
INCOME ELASTICITY
INFLATION
INFLATION RATES
INFORMAL HOUSING
INSURANCE
INTEREST RATES
INTERVENTIONS
LAND DEVELOPMENT
LAND ECONOMICS
LAND SUPPLY
LAND TENURE
LAND USE
LEGAL FRAMEWORK
LOCAL GOVERNMENT
MASS TRANSIT
MAYORS
METROPOLITAN AREAS
MICROFINANCE
MORTGAGE
MORTGAGE CREDIT
MORTGAGE DEFAULT
MORTGAGE DEFAULT RISK
MORTGAGE FINANCE
MORTGAGE LENDING
MORTGAGE MARKETS
MORTGAGE SECURITIES
MUNICIPALITIES
PATENTS
PERFECT INFORMATION
POLICY ENVIRONMENT
POLITICAL ECONOMY
POPULATION DENSITIES
POPULATION GROWTH
POVERTY REDUCTION
PRIVATE HOUSING
PRIVATE PROPERTY
PRIVATIZATION
PROPERTY RIGHTS
PUBLIC
PUBLIC CHOICE
PUBLIC GOODS
PUBLIC GOVERNANCE
PUBLIC HOUSING
PUBLIC OWNERSHIP
PUBLIC POLICIES
PUBLIC POLICY
PUBLIC RESOURCES
PUBLIC SECTOR
PUBLIC SECTOR INTERVENTIONS
REAL ESTATE
REAL ESTATE MARKETS
REGIONAL DEVELOPMENT
REGULATORY FRAMEWORK
RENT CONTROL
RENTS
RESIDENCES
RESIDENTIAL AREAS
RESIDENTIAL PROPERTY
RESIDENTIAL REAL ESTATE
RESOURCE ALLOCATION
RESOURCE MOBILIZATION
RESOURCE USE
RURAL AREAS
SAFETY
SAVINGS
SECURITIES
SECURITIZATION
SETTLEMENT
SETTLEMENT PATTERNS
SHELTER
SLUM
SLUMS
SOCIAL SAFETY NETS
SPATIAL PATTERNS
SQUATTER
SQUATTER SETTLEMENTS
STATE GOVERNMENTS
STRUCTURAL CONDITIONS
STRUCTURAL FACTORS
SUBSIDIZED HOUSING
SUBURBS
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
TENANCY
TRANSITION ECONOMIES
TRANSPORT
URBAN AREAS
URBAN DEVELOPMENT
URBAN ECONOMIES
URBAN ECONOMY
URBAN HOUSING
URBAN LAND
URBAN POLICY
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBAN STUDIES
URBANIZATION
WELFARE EFFECTS
WELFARE GAINS
WILLINGNESS TO PAY
Buckley, Robert M.
Kalarickal, Jerry
Housing Policy in Developing Countries : Conjectures and Refutations
description This housing policy in developing countries, conjectures and refutations article discusses housing policy in developing economies. It examines recent research findings in light of earlier arguments as to the benefits of more market-oriented approaches. It also looks at whether the recommendations of earlier work have been refuted or developed in subsequent analyses and policy measures. In particular, it reviews the empirical analysis of the effects of policy on housing supply, the richer understanding of the effects that land market regulations have on housing affordability and the functioning of urban areas, and the alleged mysterious effects that researchers claim effective property rights have on housing policy and on development more generally. It also examines the effects of the increased emphasis on community participation, showing how it helps to more fully reconcile the incentives faced by beneficiaries of housing policy and donors. Finally, it examines recent literature on the welfare effects of rent control. The article shows that some of the conjectures as to the likely benefits of more market-based policy have been refuted, but large welfare gains for poor people can still be realized by adapting this approach. Furthermore, this approach appears to be gaining ground as the consensus approach to effective housing policy.
format Journal Article
author Buckley, Robert M.
Kalarickal, Jerry
author_facet Buckley, Robert M.
Kalarickal, Jerry
author_sort Buckley, Robert M.
title Housing Policy in Developing Countries : Conjectures and Refutations
title_short Housing Policy in Developing Countries : Conjectures and Refutations
title_full Housing Policy in Developing Countries : Conjectures and Refutations
title_fullStr Housing Policy in Developing Countries : Conjectures and Refutations
title_full_unstemmed Housing Policy in Developing Countries : Conjectures and Refutations
title_sort housing policy in developing countries : conjectures and refutations
publisher Oxford University Press on behalf of the World Bank
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/01/17591872/housing-policy-developing-countries-conjectures-refutationsbr-housing-policy-developing-countries-conjectures-refutations
http://hdl.handle.net/10986/16401
_version_ 1764433484409995264
spelling okr-10986-164012021-04-23T14:03:30Z Housing Policy in Developing Countries : Conjectures and Refutations Buckley, Robert M. Kalarickal, Jerry ACCESS TO LAND AFFORDABLE HOUSING ALM ASYMMETRIC INFORMATION AUTONOMY BUILDING INDUSTRY BUILDING SOCIETIES CAPITAL MARKETS CENTRAL PLANNING CITIES COMMON PROPERTY COMMUNITIES COMMUNITY FACILITIES COMMUNITY GROUPS COMMUNITY INVOLVEMENT COMMUNITY PARTICIPATION COMPARATIVE ADVANTAGE COUNTRYSIDE DECENTRALIZATION DEFAULT RISK DEMOGRAPHIC TRANSITION DORMITORY TOWNS DURABLE GOODS ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFECTS ECONOMIC GROWTH ECONOMICS EMERGING MARKETS EMPIRICAL ANALYSIS EMPIRICAL BASIS EMPIRICAL EVIDENCE ENERGY EFFICIENCY ENVIRONMENTS EUROPEAN CENTRAL BANK EXTERNALITIES FEDERAL RESERVE BANK OF BOSTON FEDERAL RESERVE BANK OF NEW YORK FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SYSTEMS HABITAT HOME OWNERSHIP HOUSE PRICES HOUSEHOLDS HOUSES HOUSING HOUSING AFFORDABILITY HOUSING CONDITIONS HOUSING DEMAND HOUSING ECONOMICS HOUSING FINANCE HOUSING FINANCE SYSTEM HOUSING FINANCE SYSTEMS HOUSING INDICATORS HOUSING LOANS HOUSING MARKET HOUSING MARKETS HOUSING POLICY HOUSING PRICES HOUSING PROBLEMS HOUSING PROGRAMS HOUSING PROJECTS HOUSING RESEARCH HOUSING STANDARDS HOUSING SUBSIDIES HOUSING SUPPLY HOUSING UNITS HOUSING VOUCHERS HUMAN SETTLEMENTS INCOME INCOME ELASTICITY INFLATION INFLATION RATES INFORMAL HOUSING INSURANCE INTEREST RATES INTERVENTIONS LAND DEVELOPMENT LAND ECONOMICS LAND SUPPLY LAND TENURE LAND USE LEGAL FRAMEWORK LOCAL GOVERNMENT MASS TRANSIT MAYORS METROPOLITAN AREAS MICROFINANCE MORTGAGE MORTGAGE CREDIT MORTGAGE DEFAULT MORTGAGE DEFAULT RISK MORTGAGE FINANCE MORTGAGE LENDING MORTGAGE MARKETS MORTGAGE SECURITIES MUNICIPALITIES PATENTS PERFECT INFORMATION POLICY ENVIRONMENT POLITICAL ECONOMY POPULATION DENSITIES POPULATION GROWTH POVERTY REDUCTION PRIVATE HOUSING PRIVATE PROPERTY PRIVATIZATION PROPERTY RIGHTS PUBLIC PUBLIC CHOICE PUBLIC GOODS PUBLIC GOVERNANCE PUBLIC HOUSING PUBLIC OWNERSHIP PUBLIC POLICIES PUBLIC POLICY PUBLIC RESOURCES PUBLIC SECTOR PUBLIC SECTOR INTERVENTIONS REAL ESTATE REAL ESTATE MARKETS REGIONAL DEVELOPMENT REGULATORY FRAMEWORK RENT CONTROL RENTS RESIDENCES RESIDENTIAL AREAS RESIDENTIAL PROPERTY RESIDENTIAL REAL ESTATE RESOURCE ALLOCATION RESOURCE MOBILIZATION RESOURCE USE RURAL AREAS SAFETY SAVINGS SECURITIES SECURITIZATION SETTLEMENT SETTLEMENT PATTERNS SHELTER SLUM SLUMS SOCIAL SAFETY NETS SPATIAL PATTERNS SQUATTER SQUATTER SETTLEMENTS STATE GOVERNMENTS STRUCTURAL CONDITIONS STRUCTURAL FACTORS SUBSIDIZED HOUSING SUBURBS SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE TENANCY TRANSITION ECONOMIES TRANSPORT URBAN AREAS URBAN DEVELOPMENT URBAN ECONOMIES URBAN ECONOMY URBAN HOUSING URBAN LAND URBAN POLICY URBAN POOR URBAN POPULATION URBAN POVERTY URBAN STUDIES URBANIZATION WELFARE EFFECTS WELFARE GAINS WILLINGNESS TO PAY This housing policy in developing countries, conjectures and refutations article discusses housing policy in developing economies. It examines recent research findings in light of earlier arguments as to the benefits of more market-oriented approaches. It also looks at whether the recommendations of earlier work have been refuted or developed in subsequent analyses and policy measures. In particular, it reviews the empirical analysis of the effects of policy on housing supply, the richer understanding of the effects that land market regulations have on housing affordability and the functioning of urban areas, and the alleged mysterious effects that researchers claim effective property rights have on housing policy and on development more generally. It also examines the effects of the increased emphasis on community participation, showing how it helps to more fully reconcile the incentives faced by beneficiaries of housing policy and donors. Finally, it examines recent literature on the welfare effects of rent control. The article shows that some of the conjectures as to the likely benefits of more market-based policy have been refuted, but large welfare gains for poor people can still be realized by adapting this approach. Furthermore, this approach appears to be gaining ground as the consensus approach to effective housing policy. 2013-12-19T19:07:59Z 2013-12-19T19:07:59Z 2005-09-01 Journal Article http://documents.worldbank.org/curated/en/2013/01/17591872/housing-policy-developing-countries-conjectures-refutationsbr-housing-policy-developing-countries-conjectures-refutations World Bank Research Observer doi:10.1093/wbro/lki007 http://hdl.handle.net/10986/16401 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research :: Journal Article