Publication: Land and Mortgage Markets in Ukraine: Pre-War Performance, War Effects, and Implications for Recovery
dc.contributor.author | Deininger, Klaus | |
dc.contributor.author | Ali, Daniel Ayalew | |
dc.date.accessioned | 2023-03-30T19:52:47Z | |
dc.date.available | 2023-03-30T19:52:47Z | |
dc.date.issued | 2023-03-30 | |
dc.description.abstract | Almost throughout Ukraine’s independent history, agricultural land sales were prohibited. Measures to allow them and make land governance more transparent in 2020/21 were expected to improve equity, investment, credit access, and decentralization. This paper draws on administrative data and satellite imagery to describe land market performance before and after the Russian invasion, assess changes in land use for transacted parcels, and analyze determinants of land prices. Agricultural land market volume soon exceeded that of residential land and continued at a reduced level and with prices some 15–20 percent lower even after the invasion, with little sign of speculative land acquisition. Mortgage market activity and credit access remained below expectations. The paper discusses reasons and options for addressing them in a way that also factors in the needs of post-war reconstruction. | en |
dc.identifier | http://documents.worldbank.org/curated/en/099313403282335729/IDU0d9df3fc405426048e409c890d89a35330c5f | |
dc.identifier.doi | 10.1596/1813-9450-10385 | |
dc.identifier.uri | https://openknowledge.worldbank.org/handle/10986/39624 | |
dc.language | English | |
dc.language.iso | en | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Policy Research Working Papers; 10385 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | LAND MARKET | |
dc.subject | CREDIT MARKET | |
dc.subject | IMPACT OF WAR ON MARKETS | |
dc.subject | AGRICULTURAL PRODUCTION | |
dc.subject | LAND GOVERNANCE REFORM | |
dc.subject | DETERMINATES OF LAND PRICE | |
dc.subject | AGRICULTURAL LAND SALES | |
dc.subject | POST WAR RECONSTRUCTION | |
dc.title | Land and Mortgage Markets in Ukraine | en |
dc.title.subtitle | Pre-War Performance, War Effects, and Implications for Recovery | en |
dc.type | Working Paper | |
dspace.entity.type | Publication | |
okr.crossref.title | Land and Mortgage Markets in Ukraine: Pre-War Performance, War Effects, and Implications for Recovery | |
okr.date.disclosure | 2023-03-28 | |
okr.date.lastmodified | 2023-03-28T00:00:00Z | en |
okr.doctype | Policy Research Working Paper | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/099313403282335729/IDU0d9df3fc405426048e409c890d89a35330c5f | |
okr.guid | 099313403282335729 | |
okr.identifier.doi | 10.1596/1813-9450-10385 | |
okr.identifier.externaldocumentum | 34030157 | |
okr.identifier.internaldocumentum | 34030157 | |
okr.identifier.report | WPS10385 | |
okr.import.id | 306 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | http://documents.worldbank.org/curated/en/099313403282335729/pdf/IDU0d9df3fc405426048e409c890d89a35330c5f.pdf | en |
okr.region.administrative | Europe and Central Asia | |
okr.region.country | Ukraine | |
okr.sector | Other Agriculture, Fishing and Forestry | |
okr.topic | Conflict and Development::Post Conflict Reconstruction | |
okr.topic | Communities and Human Settlements::Land Administration | |
okr.topic | Communities and Human Settlements::Land Use and Policies | |
okr.topic | Finance and Financial Sector Development::Capital Markets and Capital Flows | |
okr.topic | Finance and Financial Sector Development::Debt Markets | |
okr.unit | DEC-Sustainability & Infrastruct (DECSI) |
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