The impact of regulations and procedures on the livelihoods and asset base of the urban poor - a financial perspective

Ruth McLeod

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Urban and Rural Development Challenges Housing Market and Economics Land Rights and Reforms

Abstract

“…the total value of the real estate held but not legally owned by the poor of the Third World and former communist nations is at least $US9.3 trillion - wealth that also constitutes by far the largest source of potential capital for development. These assets not only far exceed the holdings of the government, the local stock exchanges and foreign direct investment; they are many times greater than all the aid from advanced nations and all the loans extended by the World Bank”. De Soto, (2000)

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References

1998The asset vulnerability framework: Reassessing urban poverty reduction strategies 1996Against the Gods: The Remarkable Story of Risk 1999Against The Gods: The Remarkable Story of Risk

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2002TOWARDS PRO-POOR REGULATORY GUIDELINES FOR URBAN UPGRADING A Review of Papers presented at the International Workshop on REGULATORY GUIDELINES FOR URBAN UPGRADING 2002Regulatory guidelines for urban upgrading: towards effecting pro-poor change

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