Untying the land knot : making equitable, efficient, and sustainable use of industrial and commercial land

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Bibliographic Information

Untying the land knot : making equitable, efficient, and sustainable use of industrial and commercial land

edited by Xiaofang Shen, with Xiaolun Sun

(Directions in development, . Private sector development)

World Bank, c2012

Available at  / 12 libraries

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"Our research is supported by the Investment Climate Department of the World Bank Group (the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the World Bank)."--Pref

Includes bibliographical references

Description and Table of Contents

Description

Access to well-secured, well-zoned and well-serviced land is a crucial condition for industrial and commercial investment. In many developing countries, where the land market remains underdeveloped and the land governance framework is weak, systemic policy and institutional reforms are needed to bring security, efficiency and transparency to the process of business access to land. Land policy reform is challenging, politically, institutionally and technically. It must balance business, social and environmental imperatives to succeed. Empirical evidence suggests that a pragmatic approach taking one step at a time with prioritized targets while keeping the long-term objectives in sight helps mitigate risks, speed up the investment process, and bring economic benefits to broad population. These successful first steps can also prepare the path for more comprehensive reforms.

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