An estimated 60 per cent of the world’s 17 million refugees currently reside in cities, where they often lack access to financial assistance and legal protection.(1) In their absence, displaced populations depend on participation in formal and, more frequently, informal markets for livelihood generation.
The potential contribution of land based financing to the development of sustainable and equitable cities and properly serviced communities is often underestimated. Land based financing is a collective name given to a range of instruments by which local governments could expand their revenue base and generate funds that will help them to deliver services and infrastructure development and achieve their maintenance goals.
Last month, the South African Independent Electoral Commission announced in frustration that it needs USD 22.9 million to collect addresses ahead of a court-mandated deadline, a problem compounded by the fact that most townships don’t have well-marked street names.
When looking to buy a home or other property in the U.S., location is typically at the top of the list—many buyers value properties with access to amenities like schools, parks, and an easy commute. But is that value shared by home buyers in developing countries? University of Illinois economist Hope Michelson looked at property transactions in Kenya near what she assumed would be a highly desirable location and found the real estate mantra, "location, location, location," wasn't necessarily the guiding principle there.
Investment in urban infrastructure such as new roads, public utilities or parks invariably increases real-estate prices. In Pakistan, stories of riches earned overnight due to new highways passing through agricultural lands are common.
A development in Dorchester could be a model for affordable housing, and the 50th victim of the Grenfell fire is identified
(Ecofin Agency) - In an open letter sent to the president of Madagascar on August 17, the Tany group exposed its concerns about land grabbing by foreign investors in the country. For the civil society group, whose objective “is to support the development of Malagasy farmers and citizens and defend their lands and natural resources”, it is urgent to boost land tenure and establish a stricter framework for land related transactions.
The order to probe the deal was passed on a complaint by Amritsar-based petitioner Baldev Singh Sirsa. Badungar had replaced Makkar as SGPC chief, and both are reportedly not on good terms.
The Sikh Gurdwara Judicial Commission has ordered a probe into a Rs 2.7 crore land deal for Takht Sri Keshgarh Sahib in Anandpur Sahib, Ropar, during the tenure of former SGPC president Avtar Singh Makkar. The panel has asked incumbent SGPC President Kirpal Singh Badungar to probe the allegations and submit a report in two months.
Trans-Pacific View author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Dr. Spencer Cohen – Senior Economist at Community Attributes, a Seattle-based research consultancy, and former senior policy adviser for the Washington Economic Development Commission – is the 102nd in “The Trans-Pacific View Insight Series.”
In which areas has China’s market reforms shown productive results?
We use nationally representative survey data from two neighboring countries in Southern Africa – Zambia and Malawi – to characterize the current status of rural land rental market participation by smallholder farmers. We find that rural rental market participation is strongly conditioned by land scarcity, and thus is more advanced in Malawi than in lower-density Zambia. In both countries, we find evidence that rental markets contribute to efficiency gains within the smallholder sector by facilitating the transfer of land from less-able to more-able producers.