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Housing Policy in Developing Countries: Conjectures and Refutations

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  • Robert M. Buckley
  • Jerry Kalarickal

Abstract

This article discusses housing policy in developing economies. It examines recent research findings in light of earlier arguments as to the benefits of more market-oriented approaches. It also looks at whether the recommendations of earlier work have been refuted or developed in subsequent analyses and policy measures. In particular, it reviews the empirical analysis of the effects of policy on housing supply, the richer understanding of the effects that land market regulations have on housing affordability and the functioning of urban areas, and the alleged mysterious effects that researchers claim effective property rights have on housing policy and on development more generally. It also examines the effects of the increased emphasis on community participation, showing how it helps to more fully reconcile the incentives faced by beneficiaries of housing policy and donors. Finally, it examines recent literature on the welfare effects of rent control. The article shows that some of the conjectures as to the likely benefits of more market-based policy have been refuted, but large welfare gains for poor people can still be realized by adapting this approach. Furthermore, this approach appears to be gaining ground as the consensus approach to effective housing policy. Copyright 2005, Oxford University Press.

Suggested Citation

  • Robert M. Buckley & Jerry Kalarickal, 2005. "Housing Policy in Developing Countries: Conjectures and Refutations," World Bank Research Observer, World Bank Group, vol. 20(2), pages 233-257.
  • Handle: RePEc:oup:wbrobs:v:20:y:2005:i:2:p:233-257
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    Cited by:

    1. Doling, John & Vandenberg, Paul & Tolentino, Jade, 2013. "Housing and Housing Finance—A Review of the Links to Economic Development and Poverty Reduction," ADB Economics Working Paper Series 362, Asian Development Bank.
    2. Antonio Estache, 2010. "A survey of impact evaluations of infrastructure projects, programs and policies," Working Papers ECARES 2010_005, ULB -- Universite Libre de Bruxelles.
    3. Takeuchi, Akie & Cropper, Maureen & Bento, Antonio, 2008. "Measuring the welfare effects of slum improvement programs: The case of Mumbai," Journal of Urban Economics, Elsevier, vol. 64(1), pages 65-84, July.
    4. repec:rss:jnljms:v3i3p2 is not listed on IDEAS
    5. Samwel Alananga, 2017. "The value of formal titles to ownership in residential property transactions: Evidence from Kinondoni municipality Tanzania," ERES eres2017_19, European Real Estate Society (ERES).
    6. (No last name available), Himanshu, 2013. "Poverty and Food Security in India," ADB Economics Working Paper Series 369, Asian Development Bank.
    7. Debuque-Gonzales, Margarita, 2013. "Empirical Determinants and Patterns of Research and Development Investment in Asia," ADB Economics Working Paper Series 364, Asian Development Bank.
    8. 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.
    9. Ragui Assaad & Caroline Krafft & Dominique J. Rolando, 2017. "The Role of Housing Markets in the Timing of Marriage in Egypt, Jordan, and Tunisia," Working Papers 1081, Economic Research Forum, revised 04 Oct 2017.
    10. Luciana Koprencka & Oltiana Muharremi, 2010. "Land Market In Albania: Unresolved Property Ownership Rights," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 6(3), pages 41-44, October.
    11. Banks, Nicola, 2011. "Improving Donor Support for Urban Poverty Reduction," WIDER Working Paper Series 068, World Institute for Development Economic Research (UNU-WIDER).
    12. Oniki, Shunji & Negusse, Gebremichael, 2015. "Communal Land Utilization in the Highlands of Northern Ethiopia: Evidence of Transaction Costs," Japanese Journal of Rural Economics, Agricultural Economics Society of Japan (AESJ), vol. 17.
    13. Paul COLLIER, 2012. "Housing and Urbanization in Africa : Unleashing a Formal Market Process," Working Papers P59, FERDI.
    14. Marcus H. Böhme & Sarah Kups, 2017. "The economic effects of labour immigration in developing countries: A literature review," OECD Development Centre Working Papers 335, OECD Publishing.
    15. Richard Arnott, 2008. "Housing policy in developing countries. The importance of the informal economy," Working Papers 200801, University of California at Riverside, Department of Economics, revised Jan 2008.
    16. 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.
    17. Fox, Sean, 2014. "The Political Economy of Slums: Theory and Evidence from Sub-Saharan Africa," World Development, Elsevier, vol. 54(C), pages 191-203.
    18. Doaa Abouelmagd & Christian Kesteloot & Eric Corijn, 2013. "Housing Projects for Low-Income Groups and Modes of Economic Integration: A Comparative Study in Greater Cairo," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 104(4), pages 456-477, September.
    19. Paul COLLIER, 2012. "Housing and Urbanization in Africa : Unleashing a Formal Market Process," Working Papers P59, FERDI.

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