dc.contributor.author	Suzuki, Hiroaki
dc.contributor.author	Murakami, Jin
dc.contributor.author	Hong, Yu-Hung
dc.contributor.author	Tamayose, Beth
dc.date.accessioned	2015-01-15T18:28:49Z
dc.date.available	2015-01-15T18:28:49Z
dc.date.issued	2015-01-15
dc.description.abstract	Cities in developing countries are experiencing unprecedented urban growth. Unfortunately, this is often accompanied by the negative impacts of sprawl as a result of rapid motorization such as congestion, air pollution, greenhouse gas emissions, inefficient use of energy and time, and unequal accessibility. As these cities are often under severe fiscal constraints, they face great challenges in financing capital-intensive mass transit systems to reverse the course of these negative trends. Development-based land value capture (DBLVC) financing schemes being practiced in Asian megacities like Hong Kong SAR, China, and Tokyo have helped them not only to generate funds for transit investment and operational and maintenance costs but also to promote sustainable urban development through transit-oriented development (TOD). Many rapidly growing cities in developing countries have the conditions for introducing DBLVC – namely, strong economic growth, rising real incomes and increased motorization and congestion levels – all of which cause land value appreciation within proximity of transit stations or corridors. If adapted well to local contexts, DBLVC schemes have great potential to become an important strategic apparatus of urban finance and planning for cities in developing countries. Through a careful analysis of various case studies, this book provides strategies, policies, and methodologies that policy makers and practitioners can apply in developing their own DBLVC schemes for transit financing.	en
dc.identifier.doi	10.1596/978-1-4648-0149-5
dc.identifier.isbn	978-1-4648-0149-5
dc.identifier.uri	https://hdl.handle.net/10986/21286
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.relation.ispartofseries	Urban Development;
dc.rights	CC BY 3.0 IGO
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	infrastructure finance
dc.subject	land value capture
dc.subject	land-use regulations
dc.subject	public-private partnerships
dc.subject	sustainable development
dc.subject	transit-oriented development
dc.subject	urban finance
dc.subject	urban transport
dc.subject	zoning
dc.title	Financing Transit-Oriented Development with Land Values : Adapting Land Value Capture in Developing Countries	en
dspace.entity.type	Publication
okr.date.disclosure	2015-01-15
okr.doctype	Publications & Research::Publication
okr.globalpractice	Social, Urban, Rural and Resilience
okr.globalpractice	Transport and ICT
okr.identifier.doi	10.1596/978-1-4648-0149-5
okr.identifier.report	93686
okr.language.supported	en
okr.peerreview	Academic Peer Review
okr.region.country	Brazil
okr.region.country	China
okr.region.country	India
okr.region.country	Japan
okr.region.country	United Kingdom
okr.topic	Communities and Human Settlements::Land Administration
okr.topic	Communities and Human Settlements::Land Use and Policies
okr.topic	Communities and Human Settlements::Urban Housing and Land Settlements
okr.topic	Poverty Reduction::Equity and Development
okr.topic	Transport
okr.topic	Urban Development::Municipal Housing and Land
okr.unit	FEUUR
relation.isAuthorOfPublication	c9b67ba2-df9e-5443-be18-df654488ac3e
relation.isAuthorOfPublication	c464a728-aac8-5872-8b68-f0dc2084a080
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relation.isAuthorOfPublication	b68f4964-7f5d-5b62-a984-2ad1c83a2f6d
relation.isAuthorOfPublication.latestForDiscovery	c464a728-aac8-5872-8b68-f0dc2084a080

Publication: Financing Transit-Oriented Development with Land Values : Adapting Land Value Capture in Developing Countries

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Financing Transit-Oriented Development with Land Values : Adapting Land Value Capture in Developing Countries