Informal Land Markets--Perspectives for Policy

To propose a policy perspective, on any issue, one must begin with a historical awareness of how such issues have been addressed in the past. This is particularly important in prescribing policies for urban informal real estate markets because the characteristics of such markets are still not fully...

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Main Author: Sanyal, Bishwapriya
Other Authors: Massachusetts Institute of Technology. Department of Urban Studies and Planning
Format: Article
Language:en_US
Published: University of Pennsylvania Press 2014
Online Access:http://hdl.handle.net/1721.1/91651
https://orcid.org/0000-0002-2952-2369
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author Sanyal, Bishwapriya
author2 Massachusetts Institute of Technology. Department of Urban Studies and Planning
author_facet Massachusetts Institute of Technology. Department of Urban Studies and Planning
Sanyal, Bishwapriya
author_sort Sanyal, Bishwapriya
collection MIT
description To propose a policy perspective, on any issue, one must begin with a historical awareness of how such issues have been addressed in the past. This is particularly important in prescribing policies for urban informal real estate markets because the characteristics of such markets are still not fully understood, even after fifty years of policy interventions to enhance their effectiveness. Lacking a clear definition of how informal markets operate and connect to the larger urban economy, past efforts to influence the functioning of such markets have been based primarily on “Learning by Doing,” the title of the World Bank’s first serious study on the topic (Cohen et al, 1983). Indeed, much has been learned since that World Bank’s publication, thanks to the research undertaken by many scholars, including the authors of the chapters in this volume1. It is beyond the scope of my concluding remarks to summarize all such insights. Hence, what follows are a few key lessons learned by academics and practitioners—lessons that illuminate the critical issues raisedby the authors of this volume.
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spelling mit-1721.1/916512022-10-01T06:49:21Z Informal Land Markets--Perspectives for Policy Sanyal, Bishwapriya Massachusetts Institute of Technology. Department of Urban Studies and Planning Sanyal, Bishwapriya Sanyal, Bishwapriya To propose a policy perspective, on any issue, one must begin with a historical awareness of how such issues have been addressed in the past. This is particularly important in prescribing policies for urban informal real estate markets because the characteristics of such markets are still not fully understood, even after fifty years of policy interventions to enhance their effectiveness. Lacking a clear definition of how informal markets operate and connect to the larger urban economy, past efforts to influence the functioning of such markets have been based primarily on “Learning by Doing,” the title of the World Bank’s first serious study on the topic (Cohen et al, 1983). Indeed, much has been learned since that World Bank’s publication, thanks to the research undertaken by many scholars, including the authors of the chapters in this volume1. It is beyond the scope of my concluding remarks to summarize all such insights. Hence, what follows are a few key lessons learned by academics and practitioners—lessons that illuminate the critical issues raisedby the authors of this volume. 2014-11-20T17:04:07Z 2014-11-20T17:04:07Z 2014-11-20 2014-07 Article http://purl.org/eprint/type/BookItem http://hdl.handle.net/1721.1/91651 Sanyal, Bish (2014). "Informal Land Markets--Perspectives for Policy." In Birch, Eugenie; Chattaraj, Shahana; and Wachter, Susan (eds.) (2015) Informal Real Estate Markets (Forthcoming, University of Pennsylvania Press) https://orcid.org/0000-0002-2952-2369 en_US Birch, Eugenie; Chattaraj, Shahana; and Wachter, Susan (eds.) (2015) Informal Real Estate Markets Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf University of Pennsylvania Press Sanyal via Peter Cohn
spellingShingle Sanyal, Bishwapriya
Informal Land Markets--Perspectives for Policy
title Informal Land Markets--Perspectives for Policy
title_full Informal Land Markets--Perspectives for Policy
title_fullStr Informal Land Markets--Perspectives for Policy
title_full_unstemmed Informal Land Markets--Perspectives for Policy
title_short Informal Land Markets--Perspectives for Policy
title_sort informal land markets perspectives for policy
url http://hdl.handle.net/1721.1/91651
https://orcid.org/0000-0002-2952-2369
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