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The Fiscal Policy Dimension

In: Housing Finance in Developing Countries

Author

Listed:
  • Robert M. Buckley

    (Urban Division, The World Bank)

Abstract

This chapter emphasizes the implicit fiscal dimension of housing polices. This perspective shows how a traditional public finance perspective on the rather modest levels of government spending in the sector is misleading. For understanding the government’s role in the housing sector, it is less government’s spending than implicit taxes and subsidies which are the major policy instruments. The chapter also presents evidence on how the sector has been affected by the way the world’s more volatile financial environment has interacted with these implicit policies.

Suggested Citation

  • Robert M. Buckley, 1996. "The Fiscal Policy Dimension," Palgrave Macmillan Books, in: Housing Finance in Developing Countries, chapter 3, pages 25-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37660-1_3
    DOI: 10.1057/9780230376601_3
    as

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