Land Markets: Promoting the Private Sector by Improving Access to Land
Author: Russell Muir and Xiaofang Shen Date: 10/1/2005 (PDF, 200KB)
Land markets that allow access to land—and to buildings—through secure property rights, at transparent prices, and with efficient permitting processes and land tax systems are essential to a good business environment. Creating such markets, however, can be a long, complex, politically charged process, especially where most land is untitled and where there are conflicting claims. But experience points to practical interim or step solutions that can have a positive impact and generate the political capital to reform the overall land market system.