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Crisis? What crisis? The World Bank and Housing Finance for the Poor

Author

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  • Elisa Van Waeyenberge

    (Department of Economics, SOAS University of London, UK)

Abstract

This paper provides a critical assessment of the Bankís housing policies, against the backdrop of far-reaching transformations of the financial sector across the world and a persistently dire shelter situation in developing countries. It situates the Bankís housing stance historically since its initial involvement in the sector in the early 1970s. This allows to shed light on systemic and analytical tendencies bearing on Bank housing policy with significant implications for the Bankís current policy stance, including its response (or lack thereof) to the dramatic experience with housing finance laid bare through the global financial and economic crisis.

Suggested Citation

  • Elisa Van Waeyenberge, 2015. "Crisis? What crisis? The World Bank and Housing Finance for the Poor," Working Papers 191, Department of Economics, SOAS University of London, UK.
    • Handle: RePEc:soa:wpaper:191
    as

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    File URL: https://www.soas.ac.uk/sites/default/files/2022-10/economics-wp191.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    finance; financialisation; housing; shelter; post-Washington Consensus World Bank;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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