Unlocking Land Values for Urban Infrastructure Finance : International Experience--Considerations for Indian Policy

dc.creatorPeterson, George E.
dc.date2014-02-04T20:58:31Z
dc.date2014-02-04T20:58:31Z
dc.date2013-10
dc.date.accessioned2026-07-01T00:44:49Z
dc.descriptionDespite strong economic growth, investment in basic urban infrastructure -- water supply, wastewater removal and treatment, roads, and other capital-intensive systems -- has failed to keep pace with urban growth, leaving a critical urban infrastructure deficit. At the same time, urban lands in these many developing countries are among the most expensive in the world. Much of this land is owned by public authorities. Significant parts of it lie vacant, unused for public service provision or inappropriate for conversion to higher-valued economic activity. A composite public-sector balance sheet for India's urban areas would show an asset mix strong on public-sector landholdings but weak on infrastructure. This raises the following questions: Can some excess public-sector land be exchanged for infrastructure, in a manner that is politically acceptable and economically efficient? Can public land sales be a realistic source of finance for critically needed urban infrastructure investment? This paper considers the policy context that has shaped different land-disposal and earmarking initiatives, provides details about the actual workings of institutions, and examines international experience in infrastructure investment. This study contributes to the consultative process underway in India to consider strategies to unlock public land values to help finance urban infrastructure investment.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/10/18463980/unlocking-land-values-urban-infrastructure-finance-international-experience-considerations-indian-policy
dc.identifierhttps://hdl.handle.net/10986/16898
dc.identifierhttps://doi.org/10.1596/1813-9450-6683
dc.identifier.urihttp://hdl.handle.net/123456789/410331
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 6683
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectARBITRAGE
dc.subjectASSET MANAGEMENT
dc.subjectASSET MANAGER
dc.subjectASSET MANAGERS
dc.subjectASSET SALES
dc.subjectASSETS
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectAUTONOMY
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK BORROWING
dc.subjectBORROWING
dc.subjectBUDGET
dc.subjectBUDGET DEFICITS
dc.subjectBUDGET PROCESS
dc.subjectBUDGETS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL STOCK
dc.subjectCHARGES
dc.subjectCITIES
dc.subjectCLAIMANTS
dc.subjectCOMMUNITY DEVELOPMENT
dc.subjectCOMPETITIVE AUCTIONS
dc.subjectCOMPETITIVE BIDDING
dc.subjectCONTRACT
dc.subjectCONTRACTS
dc.subjectCONVERSION
dc.subjectDEBT
dc.subjectDEBT FINANCING
dc.subjectDEBT SERVICE
dc.subjectDEBTS
dc.subjectDECENTRALIZATION
dc.subjectDEDICATED REVENUE
dc.subjectDEFICIT
dc.subjectDEPOSITS
dc.subjectDEREGULATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT AUTHORITIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISCOUNT
dc.subjectDISCOUNT RATES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectELECTRICITY
dc.subjectENTERPRISES
dc.subjectEQUIPMENT
dc.subjectEQUITY
dc.subjectEXCHANGE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFEES
dc.subjectFINANCE
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL INCENTIVES
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFISCAL RESPONSIBILITY
dc.subjectFIXED REVENUE
dc.subjectFUEL TAXES
dc.subjectFUNGIBLE
dc.subjectFUTURE
dc.subjectGOOD
dc.subjectGOVERNANCE
dc.subjectGOVERNMENT ACCOUNTING SYSTEM
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT GRANTS
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REGULATION
dc.subjectGOVERNMENTS
dc.subjectGRANTS
dc.subjectGUARANTEE
dc.subjectHOLDING
dc.subjectHOLDINGS
dc.subjectHOUSING
dc.subjectINCOME
dc.subjectINFRASTRUCTURE FINANCE
dc.subjectINFRASTRUCTURE FINANCING
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINSTITUTIONAL ARRANGEMENTS
dc.subjectINSTITUTIONAL SETTING
dc.subjectINSTITUTIONAL STRUCTURE
dc.subjectINTEREST
dc.subjectINTERGOVERNMENTAL RELATIONS
dc.subjectINTERGOVERNMENTAL TRANSFERS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINTERNATIONAL SECURITY
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectINVESTMENT ASSETS
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT FINANCING
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT PURPOSES
dc.subjectINVESTMENTS
dc.subjectIPO
dc.subjectLAND
dc.subjectLAND DEVELOPMENT
dc.subjectLAND MANAGEMENT
dc.subjectLAND OWNERSHIP
dc.subjectLAND PARCEL
dc.subjectLAND PARCELS
dc.subjectLAND POLICY
dc.subjectLAND PRICES
dc.subjectLAND REFORM
dc.subjectLAND USE
dc.subjectLAND VALUE
dc.subjectLAND VALUES
dc.subjectLANDHOLDER
dc.subjectLANDHOLDERS
dc.subjectLANDOWNERS
dc.subjectLARGE CITIES
dc.subjectLEASE PAYMENTS
dc.subjectLEGAL AUTHORITY
dc.subjectLEGAL OWNERSHIP
dc.subjectLEGISLATION
dc.subjectLEVY
dc.subjectLIABILITIES
dc.subjectLOCAL AUTHORITIES
dc.subjectLOCAL ECONOMY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectLOCAL LEVEL
dc.subjectLOCAL TAXES
dc.subjectMANDATES
dc.subjectMARKET
dc.subjectMARKET COMPETITION
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PRICES
dc.subjectMARKET SIZE
dc.subjectMARKET VALUE
dc.subjectMARKETS
dc.subjectMASS TRANSIT
dc.subjectMETROPOLITAN AREAS
dc.subjectMINISTRIES OF FINANCE
dc.subjectMUNICIPAL
dc.subjectMUNICIPAL BONDS
dc.subjectMUNICIPAL DEVELOPMENT
dc.subjectMUNICIPAL GOVERNMENT
dc.subjectMUNICIPAL GOVERNMENTS
dc.subjectMUNICIPAL OWNERSHIP
dc.subjectMUNICIPAL PERFORMANCE
dc.subjectMUNICIPALITIES
dc.subjectMUNICIPALITY
dc.subjectOPEN MARKET
dc.subjectOPPORTUNITY COST
dc.subjectOPPORTUNITY COSTS
dc.subjectOPTION
dc.subjectOVERSIGHT
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPARTICIPATION
dc.subjectPER
dc.subjectPLEDGES
dc.subjectPOLITICAL POWER
dc.subjectPORTS
dc.subjectPOST OFFICE
dc.subjectPRICING
dc.subjectPRIVATE PARTIES
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPROFIT
dc.subjectPROFITS
dc.subjectPROJECTS
dc.subjectPROMISSORY NOTE
dc.subjectPROPERTIES
dc.subjectPROPERTY OWNERSHIP
dc.subjectPROPERTY TAX ADMINISTRATION
dc.subjectPROPERTY TAX BASE
dc.subjectPROPERTY TAXES
dc.subjectPROVINCIAL GOVERNMENTS
dc.subjectPROVISIONS
dc.subjectPUBLIC
dc.subjectPUBLIC AGENCIES
dc.subjectPUBLIC ASSET
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INSTITUTIONS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC OWNERSHIP
dc.subjectPUBLIC PROPERTY
dc.subjectPUBLIC PROVIDERS
dc.subjectPUBLIC REVENUES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SERVICE PROVISION
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC USE
dc.subjectPUBLIC WORKS
dc.subjectREAL PROPERTY
dc.subjectREGULATION
dc.subjectREPORTS
dc.subjectRESERVE
dc.subjectRETURN
dc.subjectREVENUE
dc.subjectREVENUE SOURCES
dc.subjectREVENUES
dc.subjectRISK MANAGEMENT
dc.subjectROADS
dc.subjectRURAL PROPERTY
dc.subjectSAVINGS
dc.subjectSERVICES
dc.subjectSHARE
dc.subjectSHARES
dc.subjectSPENDING
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE GOVERNMENTS
dc.subjectSTATE LANDS
dc.subjectSTATE PROPERTY
dc.subjectSTATES
dc.subjectSTREETS
dc.subjectSUPERVISORY BOARD
dc.subjectTAX
dc.subjectTAX LAW
dc.subjectTAX POLICY
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REVENUES
dc.subjectTAXATION
dc.subjectTAXES
dc.subjectTRANSACTION
dc.subjectTRANSACTIONS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTREASURY
dc.subjectTREATIES
dc.subjectTREATY
dc.subjectTRUST FUND
dc.subjectURBAN AREAS
dc.subjectURBAN DEVELOPMENT
dc.subjectURBAN GROWTH
dc.subjectURBAN INFRASTRUCTURE
dc.subjectURBAN PLANNING
dc.subjectURBANIZATION
dc.subjectUTILITIES
dc.subjectVACANT LAND
dc.subjectVALUATION
dc.subjectVALUATIONS
dc.subjectWATER SUPPLY
dc.subjecturban land
dc.titleUnlocking Land Values for Urban Infrastructure Finance : International Experience--Considerations for Indian Policy

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