Land Titles, Investment, and Agricultural Productivity in Madagascar : A Poverty and Social Impact Analysis
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World Bank, Washington, DC
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This report examines the question of
land titling in Madagascar, a country where modern and
informal tenure systems coexist and overlap to a significant
extent. The report reviews three main arguments for land
titling and their relevance for Madagascar in order to
provide policy implications and evaluations. The first is
that land titling serves as protection against
expropriation. Second, titles may also facilitate land
transactions. Last, that owning titled land improves access
to formal credit or increases the volume of formal credit
conditional on access. The report concludes that it is not
obvious that expanded land titling, or community-based land
registration, constitutes the best route to attaining
distributional objectives, since wealth is increasing in
landholdings. A cost benefit analysis based on the findings
suggest that it would not be economical to expand the system
of formal titling in rural Madagascar and that the three
main arguments do not justify maintaining this system.
Palabras clave
ACCESS TO LAND, ACCOUNTING, AGRICULTURAL ECONOMICS, AGRICULTURAL LAND, AGRICULTURAL PRODUCTION, AGRICULTURAL PRODUCTIVITY, ASSET PORTFOLIO, BEQUESTS, CADASTRE, CAPITAL STOCK, CARTOGRAPHY, CLAIMANTS, COLLATERAL, COLLATERALIZATION, COMMERCIAL BANK, COMMONS, COMMUNAL LAND, COMMUNES, CONSTRUCTION, CREDIT ACCESS, CULTIVATION, DEED, DEEDS, DEMAND FOR CREDIT, DISCOUNT RATE, DRAINAGE, DUMMY VARIABLE, DUMMY VARIABLES, EQUILIBRIUM, EQUIPMENT, EXPENDITURE, EXPENDITURES, EXPROPRIATION, EXPROPRIATION RISK, EXTERNALITY, FARMLAND, FOREST, FORMAL LOANS, HETEROGENEITY, HOLDING, HOUSEHOLD FIXED EFFECT, HOUSEHOLD FIXED EFFECTS, INCOME FLOW, INSTITUTIONAL CREDIT, INSTITUTIONAL LENDERS, INSTITUTIONAL LOANS, INSTRUMENT, INSURANCE, INVESTMENT DECISIONS, IRRIGATION, ISSUANCE, LAND ADMINISTRATION, LAND AS COLLATERAL, LAND ASSETS, LAND ECONOMICS, LAND EXPROPRIATION, LAND LEASING, LAND LEVELING, LAND MARKET, LAND MARKETS, LAND OWNERSHIP, LAND POLICIES, LAND POLICY, LAND PRODUCTIVITY, LAND QUALITY, LAND REALLOCATION, LAND REDISTRIBUTION, LAND REGISTRATION, LAND RIGHTS, LAND SALES, LAND TAXES, LAND TENANCY, LAND TENURE, LAND TITLE, LAND TITLES, LAND TITLING, LAND TRANSACTIONS, LAND TRANSFERS, LAND USE, LAND VALUE, LAND VALUES, LANDLORD, LANDOWNER, LANDOWNERS, LANDS, LEGAL FRAMEWORK, LEVY, LOAN, LOAN AMOUNT, LOAN SIZE, MAINTENANCE FEE, MARKET DEVELOPMENT, MARKET INFRASTRUCTURE, MARKET VALUE, MARKET VALUES, POLITICAL ECONOMY, PORTFOLIO, PORTFOLIO RISK, PROPERTY OWNERS, PROPERTY RIGHTS, PROPERTY RIGHTS ENFORCEMENT, PROPERTY RIGHTS PROTECTION, PROPERTY RIGHTS REGIME, PROPERTY RIGHTS REGIMES, PUBLIC INVESTMENT, REGISTRATION SYSTEM, RESERVES, RETURN, RETURNS, RISK AVERSION, RISK NEUTRAL, RISK OF EXPROPRIATION, ROUTE, RURAL AREAS, RURAL CREDIT, RURAL CREDIT MARKETS, SETTLEMENT, SOIL, SQUATTERS, STATE GUARANTEES, STOCKS, TAX, TOPOGRAPHY, TRANSACTION, TRANSACTIONS COSTS, URBAN AREAS, URBAN LAND, VALUATION