Housing and Urbanization in Africa: unleashing a formal market process
AbstractIn many African countries a market for private provision of formal sector mass housing is largely absent.� This is not inevitable, but is the consequence of policy failure surrounding five key issues.� The affordability of housing, with costs often inflated by inappropriate building regulations and inefficient construction sectors; lack of clarity in land titling and legal enforcement; lack of innovation in supply of housing finance; failure to supply supporting infrastructure and to capture development gains to finance this; and failure to plan cities in a manner conducive to employment creation.� Since responsibility for these policies is divided between different parts of government, a coordinated push is needed to secure reform and activate this market.
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Bibliographic InfoPaper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number WPS/2013-01.
Date of creation: 09 Jan 2013
Date of revision:
Other versions of this item:
- Paul Collier & Anthony J. Venables, 2013. "Housing and Urbanization in Africa: unleashing a formal market process," CSAE Working Paper Series 2013-01, Centre for the Study of African Economies, University of Oxford.
- Collier, Paul & Venables, Anthony J., 2014. "Housing and urbanization in Africa : unleashing a formal market process," Policy Research Working Paper Series 6871, The World Bank.
- NEP-AFR-2013-03-09 (Africa)
- NEP-ALL-2013-03-09 (All new papers)
- NEP-DEV-2013-03-09 (Development)
- NEP-IUE-2013-03-09 (Informal & Underground Economics)
- NEP-URE-2013-03-09 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert M. Buckley & Jerry Kalarickal, 2005. "Housing Policy in Developing Countries: Conjectures and Refutations," World Bank Research Observer, World Bank Group, World Bank Group, vol. 20(2), pages 233-257.
- Stephen Malpezzi & J. Sa-Aadu, 1996. "What Have African Housing Policies Wrought?," Real Estate Economics, American Real Estate and Urban Economics Association, American Real Estate and Urban Economics Association, vol. 24(2), pages 133-160.
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