Publication:
Land and Mortgage Markets in Ukraine: Pre-War Performance, War Effects, and Implications for Recovery

dc.contributor.authorDeininger, Klaus
dc.contributor.authorAli, Daniel Ayalew
dc.date.accessioned2023-03-30T19:52:47Z
dc.date.available2023-03-30T19:52:47Z
dc.date.issued2023-03-30
dc.description.abstractAlmost 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.identifierhttp://documents.worldbank.org/curated/en/099313403282335729/IDU0d9df3fc405426048e409c890d89a35330c5f
dc.identifier.doi10.1596/1813-9450-10385
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39624
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10385
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectLAND MARKET
dc.subjectCREDIT MARKET
dc.subjectIMPACT OF WAR ON MARKETS
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectLAND GOVERNANCE REFORM
dc.subjectDETERMINATES OF LAND PRICE
dc.subjectAGRICULTURAL LAND SALES
dc.subjectPOST WAR RECONSTRUCTION
dc.titleLand and Mortgage Markets in Ukraineen
dc.title.subtitlePre-War Performance, War Effects, and Implications for Recoveryen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleLand and Mortgage Markets in Ukraine: Pre-War Performance, War Effects, and Implications for Recovery
okr.date.disclosure2023-03-28
okr.date.lastmodified2023-03-28T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099313403282335729/IDU0d9df3fc405426048e409c890d89a35330c5f
okr.guid099313403282335729
okr.identifier.doi10.1596/1813-9450-10385
okr.identifier.externaldocumentum34030157
okr.identifier.internaldocumentum34030157
okr.identifier.reportWPS10385
okr.import.id306
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099313403282335729/pdf/IDU0d9df3fc405426048e409c890d89a35330c5f.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryUkraine
okr.sectorOther Agriculture, Fishing and Forestry
okr.topicConflict and Development::Post Conflict Reconstruction
okr.topicCommunities and Human Settlements::Land Administration
okr.topicCommunities and Human Settlements::Land Use and Policies
okr.topicFinance and Financial Sector Development::Capital Markets and Capital Flows
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitDEC-Sustainability & Infrastruct (DECSI)
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
IDU0d9df3fc405426048e409c890d89a35330c5f.pdf
Size:
741.25 KB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
IDU0d9df3fc405426048e409c890d89a35330c5f.txt
Size:
114.05 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: