Publication:
Land Registration, Governance, and Development : Evidence and Implications for Policy

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dc.contributor.authorFeder, Gershon
dc.contributor.authorDeininger, Klaus
dc.date.accessioned2012-03-30T07:12:34Z
dc.date.available2012-03-30T07:12:34Z
dc.date.issued2009-09-30
dc.description.abstractThe developmental impact of institutions to establish and maintain secure property rights to land has been a subject of much debate. The authors review the literature on the impact of land administration interventions in specific contexts, highlighting the dependence of outcomes on the governance environment, the effectiveness of the state apparatus, and the distribution of socio-economic power. There is evidence, albeit not uniform, of enhancement of tenure security through land registration with benefits manifesting themselves in higher levels of investment and productivity and a reduced need to defend land rights. Land registration has also been shown to increase activity in land rental markets, leading to higher efficiency overall. Evidence of improved access to credit, due to formalization of land rights, is scant. Even in situations where land registration had positive benefits, the literature contains little rigorous analysis of cost-effectiveness and long-term sustainability of impacts. The authors conclude that formalization of land rights should not be viewed as a panacea and that interventions should be decided only after a careful diagnosis of the policy, social, and governance environment. If intervention is justified, the performance of land administration systems needs to be benchmarked in terms of coverage, cost-effectiveness, and quality of service provision.en
dc.identifier.citationWorld Bank Research Observer
dc.identifier.doi10.1596/4430
dc.identifier.issn1564-6971
dc.identifier.urihttps://hdl.handle.net/10986/4430
dc.publisherWorld Bank
dc.relation.ispartofseriesWorld Bank Research Observer
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectaccess to information
dc.subjectarable land
dc.subjectasymmetric information
dc.subjectcredit rationing
dc.subjecteconomic development
dc.subjecteconomic growth
dc.subjecteconomies of scale
dc.subjecteconomists
dc.subjectenvironmental
dc.subjectenvironmental amenities
dc.subjectequilibrium
dc.subjectexpenditures
dc.subjectexternalities
dc.subjectland use
dc.subjectnegative externalities
dc.subjectperfect information
dc.subjectpolitical economy
dc.subjectproperty rights
dc.subjecttax revenue
dc.subjecttransaction costs
dc.titleLand Registration, Governance, and Development : Evidence and Implications for Policyen
dc.title.alternativeEvidence and Implications for Policyen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.doiregistration2025-05-06T11:26:30.453776Z
okr.doctypeJournal Article
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial, Urban, Rural and Resilience
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.identifier.report2
okr.language.supporteden
okr.pagenumber233
okr.pagenumber266
okr.pdfurlwbro_24_2_233.pdfen
okr.peerreviewAcademic Peer Review
okr.topicEnvironment
okr.topicEnvironmental Economics and Policies
okr.topicBanks and Banking Reform
okr.topicMacroeconomics and Economic Growth::Political Economy
okr.topicRural Development::Common Property Resource Development
okr.topicFinance and Financial Sector Development::Debt Markets
okr.volume24
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relation.isAuthorOfPublication.latestForDiscovery68546f99-84de-5466-be55-9170c38603e2
relation.isJournalIssueOfPublication3747d5ff-ac98-4412-a0b1-300b0057023c
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relation.isJournalVolumeOfPublication603f7f9c-f29b-49b7-b70a-11c50de1b67b
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