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This factsheet reviews the direct and indirect instruments that can be used to regulate land markets. It has been elaborated with the support of the CTFD (Comité Technique Foncier Développement) of the French Cooperation (MEAE - Ministry of Europe and Foreign Affairs, and AFD - French Development Agency), in the framework of a joint work between the school of researchers organised in Senegal by IPAR, the "Pôle Foncier de Montpellier", the Gaston Berger University (Senegal) and AGTER. It explains why state regulation is necessary, but often insufficient, and the role that local bodies can play in setting and enforcing the rules governing transactions. Land is unlike any other commodity. Market transactions contribute to much-needed changes in land redistribution – but they should be regulated because unregulated land markets favour those who can buy or rent land, rather than serve the general interest. Various direct and indirect instruments can be used to regulate land markets. This issue has risen up the public policy agenda in many countries in the global South in recent years. In addition to top-down State measures, regulating land markets often requires interventions by local entities that can establish and enforce rules on transactions with a degree of autonomy. Read the full document here : |
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Telephone: +33(0)1 43 94 72 59 / +33(0)1 43 94 72 96
E-mail: agter@agter.org
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