Thirty Years of World Bank Shelter Lending : What Have We Learned?

By reviewing the Bank's experience with shelter lending, this paper seeks to address the question of whether the Bank has helped developing countries deal with the inevitable problems that arise with urbanization, particularly problems with th...

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Main Authors: Buckley, Robert M., Kalarickal, Jerry
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/01/6799222/thirty-years-world-bank-shelter-lending-learned
http://hdl.handle.net/10986/7061
id okr-10986-7061
recordtype oai_dc
spelling okr-10986-70612021-04-23T14:02:27Z Thirty Years of World Bank Shelter Lending : What Have We Learned? Buckley, Robert M. Kalarickal, Jerry ACCOUNTABILITY AFFORDABLE HOUSING APPROPRIATE HOUSING BANKING SERVICES BORROWING CAPITAL FLOWS COMMUNITIES COMMUNITY GROUPS COMMUNITY PARTICIPATION COST OF HOUSING FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL STABILITY HOUSEHOLDS HOUSING HOUSING CONDITIONS HOUSING DEMAND HOUSING FINANCE HOUSING MARKET HOUSING MARKETS HOUSING NEEDS HOUSING POLICY HOUSING PRICES HOUSING PROGRAMS HOUSING SUBSIDIES ILLEGAL SETTLEMENTS INFORMAL SETTLEMENTS INSTITUTIONAL DEVELOPMENT INSTITUTIONAL DEVELOPMENT IMPACT INTEREST RATES INTERVENTION LAND TENURE LAND USE LARGE CITIES LICENSES LIVING CONDITIONS MORTGAGE LOANS OCCUPANCY PER CAPITA INCOME POLITICAL ECONOMY PRIVATE HOUSING PUBLIC PUBLIC EXPENDITURES PUBLIC HOUSING PUBLIC RESOURCES PUBLIC SECTOR SAVINGS SHELTER SLUMS SOCIAL EXCLUSION SUBSIDIARY TRANSITION ECONOMIES URBAN AREAS URBAN DEVELOPMENT URBAN GROWTH URBAN HOUSING URBAN INFRASTRUCTURE URBAN LAND URBAN PLANNING URBAN POOR URBAN POPULATION URBAN POVERTY URBANIZATION WATER SUPPLY ZONING By reviewing the Bank's experience with shelter lending, this paper seeks to address the question of whether the Bank has helped developing countries deal with the inevitable problems that arise with urbanization, particularly problems with the provision of shelter. It reviews the Bank's performance, with a focus on identifying lessons learned so that current demands can be more effectively addressed. In contrast to earlier studies, however, this review focuses more on how the changing policy environment has affected the structure of Bank assistance, rather than on how Bank assistance has affected the policy environment. This perspective is taken for two reasons. First, in recent years, benevolent changes in the policy environment are helping to ensure that better shelter conditions are provided to the poor in rapidly growing cities. However, despite the generally improved environment, some serious and often long-standing obstacles are impeding and, in some places, preventing progress. The emphasis on the policy environment allows the Bank to give greater weight to these constraints. Second, Bank shelter assistance is no longer an experimental program, as it was when the first review took place. Shelter assistance is now a mature sector, with 278 loans (including International Finance Corporation [IFC] loans). As a result, this review devotes considerably more attention to the outcomes of the Bank's shelter projects than did the earlier studies. Conclusions about shelter lending are by no means completely positive, however. In particular, while the nature of the lending has evolved to embrace the private sector more fully, it has also moved away from the poverty orientation that was for many years the core focus. If the Bank is to make a meaningful contribution to the Millennium Development Goal of affecting the lives of 100 million slum dwellers, this trend will have to change. 2012-06-04T20:54:49Z 2012-06-04T20:54:49Z 2006 http://documents.worldbank.org/curated/en/2006/01/6799222/thirty-years-world-bank-shelter-lending-learned 978-0-8213-6577-9 http://hdl.handle.net/10986/7061 English en_US Directions in Development; Infrastructure CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication
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
AFFORDABLE HOUSING
APPROPRIATE HOUSING
BANKING SERVICES
BORROWING
CAPITAL FLOWS
COMMUNITIES
COMMUNITY GROUPS
COMMUNITY PARTICIPATION
COST OF HOUSING
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL STABILITY
HOUSEHOLDS
HOUSING
HOUSING CONDITIONS
HOUSING DEMAND
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING NEEDS
HOUSING POLICY
HOUSING PRICES
HOUSING PROGRAMS
HOUSING SUBSIDIES
ILLEGAL SETTLEMENTS
INFORMAL SETTLEMENTS
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL DEVELOPMENT IMPACT
INTEREST RATES
INTERVENTION
LAND TENURE
LAND USE
LARGE CITIES
LICENSES
LIVING CONDITIONS
MORTGAGE LOANS
OCCUPANCY
PER CAPITA INCOME
POLITICAL ECONOMY
PRIVATE HOUSING
PUBLIC
PUBLIC EXPENDITURES
PUBLIC HOUSING
PUBLIC RESOURCES
PUBLIC SECTOR
SAVINGS
SHELTER
SLUMS
SOCIAL EXCLUSION
SUBSIDIARY
TRANSITION ECONOMIES
URBAN AREAS
URBAN DEVELOPMENT
URBAN GROWTH
URBAN HOUSING
URBAN INFRASTRUCTURE
URBAN LAND
URBAN PLANNING
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBANIZATION
WATER SUPPLY
ZONING
spellingShingle ACCOUNTABILITY
AFFORDABLE HOUSING
APPROPRIATE HOUSING
BANKING SERVICES
BORROWING
CAPITAL FLOWS
COMMUNITIES
COMMUNITY GROUPS
COMMUNITY PARTICIPATION
COST OF HOUSING
FINANCIAL CRISES
FINANCIAL INSTITUTIONS
FINANCIAL STABILITY
HOUSEHOLDS
HOUSING
HOUSING CONDITIONS
HOUSING DEMAND
HOUSING FINANCE
HOUSING MARKET
HOUSING MARKETS
HOUSING NEEDS
HOUSING POLICY
HOUSING PRICES
HOUSING PROGRAMS
HOUSING SUBSIDIES
ILLEGAL SETTLEMENTS
INFORMAL SETTLEMENTS
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL DEVELOPMENT IMPACT
INTEREST RATES
INTERVENTION
LAND TENURE
LAND USE
LARGE CITIES
LICENSES
LIVING CONDITIONS
MORTGAGE LOANS
OCCUPANCY
PER CAPITA INCOME
POLITICAL ECONOMY
PRIVATE HOUSING
PUBLIC
PUBLIC EXPENDITURES
PUBLIC HOUSING
PUBLIC RESOURCES
PUBLIC SECTOR
SAVINGS
SHELTER
SLUMS
SOCIAL EXCLUSION
SUBSIDIARY
TRANSITION ECONOMIES
URBAN AREAS
URBAN DEVELOPMENT
URBAN GROWTH
URBAN HOUSING
URBAN INFRASTRUCTURE
URBAN LAND
URBAN PLANNING
URBAN POOR
URBAN POPULATION
URBAN POVERTY
URBANIZATION
WATER SUPPLY
ZONING
Buckley, Robert M.
Kalarickal, Jerry
Thirty Years of World Bank Shelter Lending : What Have We Learned?
relation Directions in Development; Infrastructure
description By reviewing the Bank's experience with shelter lending, this paper seeks to address the question of whether the Bank has helped developing countries deal with the inevitable problems that arise with urbanization, particularly problems with the provision of shelter. It reviews the Bank's performance, with a focus on identifying lessons learned so that current demands can be more effectively addressed. In contrast to earlier studies, however, this review focuses more on how the changing policy environment has affected the structure of Bank assistance, rather than on how Bank assistance has affected the policy environment. This perspective is taken for two reasons. First, in recent years, benevolent changes in the policy environment are helping to ensure that better shelter conditions are provided to the poor in rapidly growing cities. However, despite the generally improved environment, some serious and often long-standing obstacles are impeding and, in some places, preventing progress. The emphasis on the policy environment allows the Bank to give greater weight to these constraints. Second, Bank shelter assistance is no longer an experimental program, as it was when the first review took place. Shelter assistance is now a mature sector, with 278 loans (including International Finance Corporation [IFC] loans). As a result, this review devotes considerably more attention to the outcomes of the Bank's shelter projects than did the earlier studies. Conclusions about shelter lending are by no means completely positive, however. In particular, while the nature of the lending has evolved to embrace the private sector more fully, it has also moved away from the poverty orientation that was for many years the core focus. If the Bank is to make a meaningful contribution to the Millennium Development Goal of affecting the lives of 100 million slum dwellers, this trend will have to change.
format Publications & Research :: Publication
author Buckley, Robert M.
Kalarickal, Jerry
author_facet Buckley, Robert M.
Kalarickal, Jerry
author_sort Buckley, Robert M.
title Thirty Years of World Bank Shelter Lending : What Have We Learned?
title_short Thirty Years of World Bank Shelter Lending : What Have We Learned?
title_full Thirty Years of World Bank Shelter Lending : What Have We Learned?
title_fullStr Thirty Years of World Bank Shelter Lending : What Have We Learned?
title_full_unstemmed Thirty Years of World Bank Shelter Lending : What Have We Learned?
title_sort thirty years of world bank shelter lending : what have we learned?
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2006/01/6799222/thirty-years-world-bank-shelter-lending-learned
http://hdl.handle.net/10986/7061
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