Social Housing Policies in Latin America and Singapore: Lessons for China
Abstract
This paper addresses the challenges facing China in accelerating the pace of rural-urban migration as part of its on-going economic development programme. It explains the push and pull influences on migration and in particular explains why a continuing focus on urbanisation is justified by the very large gap between rural and urban incomes and the relatively higher income elasticity of demand for urban-based goods and services. The provision of affordable housing is an integral part of this structural shift programme. The paper thus considers the most appropriate ways in which housing finance can be mobilised, and thence how both the quality and the affordability of the housing stock can be increased. Positive and negative lessons for China are offered from the different urbanisation experiences of Latin America (especially Colombia) and Singapore.Download Info
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Paper provided by University of Strathclyde Business School, Department of Economics in its series Working Papers with number 1132.
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Length: 29 pages
Date of creation: Nov 2011
Date of revision:
Publication status: Published
Handle: RePEc:str:wpaper:1132
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Web page: http://www.strath.ac.uk/economics/
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Related research
Keywords: China; Colombia; Singapore; rural-urban migration; housing finance;Find related papers by JEL classification:
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- R31 - Urban, Rural, Regional and Transportation Economics - - Housing Markets, Production Analysis, and Firm Location - - - Housing Supply and Markets
- R52 - Urban, Rural, Regional and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-12-19 (All new papers)
- NEP-DEV-2011-12-19 (Development)
- NEP-MIG-2011-12-19 (Economics of Human Migration)
- NEP-SEA-2011-12-19 (South East Asia)
- NEP-URE-2011-12-19 (Urban & Real Estate Economics)
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