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Housing and Urbanization in Africa : Unleashing a Formal Market Process

Author

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  • Paul COLLIER

    (Blavatnik School of Government)

Abstract

In many African countries a market for private provision of formal sector mass housing is largely absent. This is not inevitable, but is the consequence of policy failure surrounding five key issues. The affordability of housing, with costs often inflated by inappropriate building regulations and inefficient construction sectors; lack of clarity in land titling and legal enforcement; lack of innovation in supply of housing finance; failure to supply supporting infrastructure and to capture development gains to finance this; and failure to plan cities in a manner conducive to employment creation. Since responsibility for these policies is divided between different parts of government, a coordinated push is needed to secure reform and activate this market.

Suggested Citation

  • Paul COLLIER, 2012. "Housing and Urbanization in Africa : Unleashing a Formal Market Process," Working Papers P59, FERDI.
    • Handle: RePEc:fdi:wpaper:432
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    File URL: http://www.ferdi.fr/sites/www.ferdi.fr/files/publication/fichiers/WP59_Collier_WEB.pdf
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    References listed on IDEAS

    as
    1. Stephen Malpezzi & J. Sa‐Aadu, 1996. "What Have African Housing Policies Wrought?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 24(2), pages 133-160.
    2. Robert M. Buckley & Jerry Kalarickal, 2005. "Housing Policy in Developing Countries: Conjectures and Refutations," The World Bank Research Observer, World Bank, vol. 20(2), pages 233-257.
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    More about this item

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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