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Assessment of urban land market from good governance perspectives

Koroso, Nesru Hassen (2011) Assessment of urban land market from good governance perspectives.

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Abstract:The significance of assessing land market from good governance perspectives is quite imperative. This is because of the importance of good governance for economic development in general and well-functioning land market in particular. Land market, in most case, suffers from externalities and inefficiencies. One reason for the prevalence of those inefficiencies might be due to lack of system of good governance which improves efficiency, increase level of transparency and access to information and create equity. Good governance, generally understood, is one of the major factors which determine the outcome and growth of land market. Land transfer in the environment of bad governance leads to information asymmetry, lack of transparency, inefficiency and corruption. The process of smooth land transfer is usually curtailed by the presence of weak governance in the sector. This research finds out whether the process of land transfer, particularly where a state plays a major role in land transfer, complies with the basic principles of good governance. In order to assess the market, assessment framework is developed. For this particular purpose, China is taken as a case study. Critical analysis of secondary data from official and non-official sources is done. Major changes since late 1980s in institutional environment and subsequent results have been assessed. The result obtained in terms of equity, transparency, access to information from Chinese land market is assessed by taking “Best Practices” into account. Quantitative data analysis is conducted using statistical software and land transfer activities are drawn using UML language (Enterprise Architecture). ArcGIS software is also used for data display and visualization. The findings reveal that LURs transfer in China is gradually responding to improved governance system. Institutional reforms have led to steady improvement in transparency, efficiency, and access to information in land market. Nonetheless, the market has significant weaknesses in addressing equity issues, engaging stakeholders, tackling corruption and dealing with expropriations. Moreover, LURs transfer exhibits regional disparities related to efficiency, transparency, equity, and access to information. Land transfer in more economically developed regions and major cities is more in line with the principles of good governance whereas governance aspects of land transfer processes in the economically weaker areas are lagging behind. In general, the efficiency and effectiveness of land transfer/market largely depends not on the type of tenure regime per se rather on the system of governance in place. This necessitates the need for better governance system to have well-functioning land market. LURs transfer which fails to nurture good governance might severely undermine its effectiveness. This makes good governance an indispensable input for properly performing land market. Key words: Land market; Land transfer; Land Use Rights (LURs); Good Governance; Land Administration; Assessment; China.
Item Type:Essay (Master)
Faculty:ITC: Faculty of Geo-information Science and Earth Observation
Programme:Geoinformation Science and Earth Observation MSc (75014)
Link to this item:https://purl.utwente.nl/essays/93176
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