IDEAS home Printed from https://ideas.repec.org/a/sae/urbstu/v34y1997i10p1597-1620.html
   My bibliography  Save this article

Housing Finance and Urban Infrastructure Finance

Author

Listed:
  • Kyung-Hwan Kim

    (Department of Economics, Sogang University, CPO Box 1142, Seoul, Korea. kyungkim@ccs.sogang.ac.kr)

Abstract

Financing issues received major attention in the discussions of human settlement development policy through the preparatory process for Habitat II and at the Conference itself. This paper presents an overview of the existing knowledge and policy experience in housing finance and urban infrastructure finance taking note of changes in economic environment such as globalisation, financial liberalisation and decentralisation as well as progress made over the past two decades using cases of good practice. Despite the positive developments such as micro-finance and private-public partnerships, the financing challenge of today is no smaller than before. It includes how to tap the enormous wealth generated through continued urbanisation to improve the conditions in housing and basic services of all income groups and how to translate the willingness to pay of citizens into efficient, accountable and responsive service delivery. The solution requires not only financial innovation but also good governance and political commitment.

Suggested Citation

  • Kyung-Hwan Kim, 1997. "Housing Finance and Urban Infrastructure Finance," Urban Studies, Urban Studies Journal Limited, vol. 34(10), pages 1597-1620, October.
    • Handle: RePEc:sae:urbstu:v:34:y:1997:i:10:p:1597-1620
    DOI: 10.1080/0042098975367
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1080/0042098975367
    Download Restriction: no
    File URL: https://libkey.io/10.1080/0042098975367?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Robert M. Buckley, 1996. "Housing Finance in Developing Countries," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-37660-1.
    2. Don C. I. Okpala, 1994. "Financing Housing in Developing Countries: A Review of the Pitfalls and Potentials in the Development of Formal Housing Finance Systems," Urban Studies, Urban Studies Journal Limited, vol. 31(9), pages 1571-1586, November.
    3. Dillinger, William, 1989. "Urban property taxation : lessons from Brazil," Policy Research Working Paper Series 362, The World Bank.
    4. Lea, Michael J. & Renaud, Bertrand, 1995. "Contractual savings for housing : How suitable are they for transitional economies?," Policy Research Working Paper Series 1516, The World Bank.
    5. World Bank, 1994. "World Development Report 1994," World Bank Publications - Books, The World Bank Group, number 5977, August.
    6. Anwar Shah & Zia Qureshi & Amaresh Bagchi & Brian Binder & Heng-fu Zou, 1994. "Intergovernmental fiscal relations in Indonesia: issues and reform options," CEMA Working Papers 474, China Economics and Management Academy, Central University of Finance and Economics.
    7. Emanuel Idelovitch & Klas Ringskog, 1995. "Private Sector Participation in Water Supply and Sanitation in Latin America," Reports _017, World Bank Latin America and the Caribean Region Department.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ebrahim, M. Shahid, 2009. "Can an Islamic model of housing finance cooperative elevate the economic status of the underprivileged?," Journal of Economic Behavior & Organization, Elsevier, vol. 72(3), pages 864-883, December.
    2. Schiff, Maurice & Valdes, Alberto, 1998. "Agriculture and the macroeconomy," Policy Research Working Paper Series 1967, The World Bank.
    3. Shahbaz, Muhammad & Hoang, Thi Hong Van & Mahalik, Mantu Kumar & Roubaud, David, 2017. "Energy consumption, financial development and economic growth in India: New evidence from a nonlinear and asymmetric analysis," Energy Economics, Elsevier, vol. 63(C), pages 199-212.
    4. World Bank, 2003. "Decentralizing Indonesia : A Regional Public Expenditure Review Overview Report," World Bank Publications - Reports 14632, The World Bank Group.
    5. Ghate Chetan, 2003. "The Politics of Endogenous Growth," The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-18, August.
    6. Richard Pomfret, 2003. "Lessons from Economies in Transition from Central Planning," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(2), pages 245-252, June.
    7. Bird, Richard M. & Smart, Michael, 2002. "Intergovernmental Fiscal Transfers: International Lessons for Developing Countries," World Development, Elsevier, vol. 30(6), pages 899-912, June.
    8. Lücke, Matthias, 1995. "The impact of accession to GATT on trade-related policies of CIS countries: the case of Belarus," Kiel Working Papers 678, Kiel Institute for the World Economy (IfW Kiel).
    9. Hubbard, Michael, 1995. "The 'new public management' and the reform of public services to agriculture in adjusting economies: the role of contracting," Food Policy, Elsevier, vol. 20(6), pages 529-536, December.
    10. World Bank Group, 2004. "Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia," World Bank Publications - Reports 15718, The World Bank Group.
    11. Sachs, Jeffrey D. & Warner, Andrew M., 1996. "Achieving Rapid Growth in the Transition Economies of Central Europe," Harvard Institute for International Development (HIID) Papers 294091, Harvard University, Kennedy School of Government.
    12. Peter J. G. Pearson & Roger Fouquet, 1996. "Energy Efficiency, Economic Efficiency and Future CO2 Emissions from the Developing World," The Energy Journal, , vol. 17(4), pages 135-160, October.
    13. Jinjin Zhao, 2020. "Productivity change in the privatized water sector in China (1999–2006)," Journal of Productivity Analysis, Springer, vol. 53(2), pages 227-241, April.
    14. didier chabaud & Parthenay Claude & Yannick Perez, 2005. "Environnement institutionnel et trajectoire des entreprises : une analyse northienne de l’industrie électrique," Post-Print hal-04297605, HAL.
    15. Daniel Edevbaro, 1997. "Promoting Education within the Context of a Neo-Patrimonial State: The Case of Nigeria," WIDER Working Paper Series wp-1997-123, World Institute for Development Economic Research (UNU-WIDER).
    16. Oyesola, O.B., 2007. "Rural Dwellers Perception On Effect Of Infrastructural Facilities On Livelihood Activities In Akinyele Local Government Area Of Oyo State, Nigeria," Journal of Rural Economics and Development, University of Ibadan, Department of Agricultural Economics, vol. 16, pages 1-10.
    17. Olivier Debande, 1997. "Le rôle du secteur privé dans le financement des infrastructures : une mise en perspective historique," Revue Économique, Programme National Persée, vol. 48(2), pages 197-230.
    18. Funke, Michael & Strulik, Holger, 2005. "Growth and convergence in a two-region model: The hypothetical case of Korean unification," Journal of Asian Economics, Elsevier, vol. 16(2), pages 255-279, April.
    19. Jamshed Uppal, 2021. "Developing Housing Finance in Pakistan – Challenges and Opportunities," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 26(1), pages 31-56, Jan-June.
    20. Dunning, John H. & Lundan, Sarianna M., 1998. "The geographical sources of competitiveness of multinational enterprises: an econometric analysis," International Business Review, Elsevier, vol. 7(2), pages 115-133, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:urbstu:v:34:y:1997:i:10:p:1597-1620. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.gla.ac.uk/departments/urbanstudiesjournal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.