Housing Finance Policy in Emerging Markets
This report documented the importance of housing in the economy while at the same time providing governments with guidelines on how best to design policy to create efficient housing markets. The purpose of this book is to provide fact-based informa...
| Main Authors: | , |
|---|---|
| Format: | Publication |
| Language: | English |
| Published: |
World Bank
2012
|
| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090623013605 http://hdl.handle.net/10986/2641 |
| id |
okr-10986-2641 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-26412021-04-23T14:02:03Z Housing Finance Policy in Emerging Markets Chiquier, Loic Lea, Michael ACCOUNTING STANDARDS AMORTIZATION AMOUNT OF CREDIT ASSET BACKED SECURITIES ASSET CLASSES AUCTION BACKED SECURITY BANKING CRISES BANKING SECTOR BANKRUPTCY BASIS POINTS BOND BOND ISSUERS BOND MARKETS BORROWER BROKERS BUSINESS CYCLES CAPITAL MARKET CAPITAL MARKET FINANCING CAPITAL MARKETS DEVELOPMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL MORTGAGE COMMERCIAL MORTGAGE-BACKED SECURITIES COMPLEX SECURITY CONSUMER PROTECTION CONTRACT DESIGN CONTRACTUAL SAVING CONTRACTUAL SAVINGS CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CREDIT COOPERATIVES CREDIT ENHANCEMENTS CREDIT GUARANTEE CREDIT INFORMATION CREDIT INFORMATION BUREAUS CREDIT INFORMATION SYSTEMS CREDIT RATING CREDIT RATING AGENCIES CREDIT RISK CREDIT RISKS CREDIT SYSTEMS CREDITOR CREDITORS DEBT DEFAULT RISK DEFAULTS DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT FINANCE DIRECTED CREDIT DOMESTIC FINANCIAL MARKETS ECONOMIC DEVELOPMENT EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS ENFORCEMENT PROCEDURES EXCESS LIQUIDITY EXCHANGE COMMISSION FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SECTOR DEVELOPMENT FINANCIAL STABILITY FINANCIAL STRUCTURES FINANCIAL SYSTEM FORECLOSURE FOREIGN CURRENCY FOREIGN EXCHANGE GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOVERNMENT DEBT GOVERNMENT DEBT MARKETS GOVERNMENT INTERVENTION GOVERNMENT POLICY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GUARANTEE FUND HOME MORTGAGE HOME OWNERSHIP HOMEOWNERSHIP HOUSEHOLD WEALTH HOUSING FINANCE ILLIQUIDITY INDIVIDUAL LOAN INFLATION INFLATION RISK INFORMATION ASYMMETRY INFORMATION TECHNOLOGY INSTALLMENT SALES INSTRUMENT INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST-RATE RISK INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SETTLEMENTS INTERNATIONAL STANDARDS INVESTMENT CORPORATION INVESTMENT INSTRUMENTS INVESTOR DEMAND ISLAMIC FINANCE JUDICIAL ENFORCEMENT This report documented the importance of housing in the economy while at the same time providing governments with guidelines on how best to design policy to create efficient housing markets. The purpose of this book is to provide fact-based information and guidance to policy makers concerned with housing finance in emerging markets. An overarching goal is to improve the understanding of the importance of housing finance to the economy. This includes covering the prerequisites for an effective housing finance system together with the main characteristics of such a system. The book continues by laying out some of the policy alternatives and models of housing finance (products, infrastructure, risk management, regulations, and funding). In line with the priorities of many governments, the book is focused on solutions; in particular the role of government in contributing to the growth of housing finance and in increasing access to housing finance for lower and informal income households. The way taken to achieve these objectives is of the essence: they cannot be achieved, at least in a sustainable manner, by involving the creation of undue additional risks for the financial sector or eventually unbearable fiscal liabilities. 2012-03-19T10:03:43Z 2012-03-19T10:03:43Z 2009 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090623013605 978-0-8213-7750-5 http://hdl.handle.net/10986/2641 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING STANDARDS AMORTIZATION AMOUNT OF CREDIT ASSET BACKED SECURITIES ASSET CLASSES AUCTION BACKED SECURITY BANKING CRISES BANKING SECTOR BANKRUPTCY BASIS POINTS BOND BOND ISSUERS BOND MARKETS BORROWER BROKERS BUSINESS CYCLES CAPITAL MARKET CAPITAL MARKET FINANCING CAPITAL MARKETS DEVELOPMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL MORTGAGE COMMERCIAL MORTGAGE-BACKED SECURITIES COMPLEX SECURITY CONSUMER PROTECTION CONTRACT DESIGN CONTRACTUAL SAVING CONTRACTUAL SAVINGS CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CREDIT COOPERATIVES CREDIT ENHANCEMENTS CREDIT GUARANTEE CREDIT INFORMATION CREDIT INFORMATION BUREAUS CREDIT INFORMATION SYSTEMS CREDIT RATING CREDIT RATING AGENCIES CREDIT RISK CREDIT RISKS CREDIT SYSTEMS CREDITOR CREDITORS DEBT DEFAULT RISK DEFAULTS DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT FINANCE DIRECTED CREDIT DOMESTIC FINANCIAL MARKETS ECONOMIC DEVELOPMENT EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS ENFORCEMENT PROCEDURES EXCESS LIQUIDITY EXCHANGE COMMISSION FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SECTOR DEVELOPMENT FINANCIAL STABILITY FINANCIAL STRUCTURES FINANCIAL SYSTEM FORECLOSURE FOREIGN CURRENCY FOREIGN EXCHANGE GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOVERNMENT DEBT GOVERNMENT DEBT MARKETS GOVERNMENT INTERVENTION GOVERNMENT POLICY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GUARANTEE FUND HOME MORTGAGE HOME OWNERSHIP HOMEOWNERSHIP HOUSEHOLD WEALTH HOUSING FINANCE ILLIQUIDITY INDIVIDUAL LOAN INFLATION INFLATION RISK INFORMATION ASYMMETRY INFORMATION TECHNOLOGY INSTALLMENT SALES INSTRUMENT INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST-RATE RISK INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SETTLEMENTS INTERNATIONAL STANDARDS INVESTMENT CORPORATION INVESTMENT INSTRUMENTS INVESTOR DEMAND ISLAMIC FINANCE JUDICIAL ENFORCEMENT |
| spellingShingle |
ACCOUNTING STANDARDS AMORTIZATION AMOUNT OF CREDIT ASSET BACKED SECURITIES ASSET CLASSES AUCTION BACKED SECURITY BANKING CRISES BANKING SECTOR BANKRUPTCY BASIS POINTS BOND BOND ISSUERS BOND MARKETS BORROWER BROKERS BUSINESS CYCLES CAPITAL MARKET CAPITAL MARKET FINANCING CAPITAL MARKETS DEVELOPMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL MORTGAGE COMMERCIAL MORTGAGE-BACKED SECURITIES COMPLEX SECURITY CONSUMER PROTECTION CONTRACT DESIGN CONTRACTUAL SAVING CONTRACTUAL SAVINGS CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAU CREDIT BUREAUS CREDIT COOPERATIVES CREDIT ENHANCEMENTS CREDIT GUARANTEE CREDIT INFORMATION CREDIT INFORMATION BUREAUS CREDIT INFORMATION SYSTEMS CREDIT RATING CREDIT RATING AGENCIES CREDIT RISK CREDIT RISKS CREDIT SYSTEMS CREDITOR CREDITORS DEBT DEFAULT RISK DEFAULTS DEPOSITS DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT FINANCE DIRECTED CREDIT DOMESTIC FINANCIAL MARKETS ECONOMIC DEVELOPMENT EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS ENFORCEMENT PROCEDURES EXCESS LIQUIDITY EXCHANGE COMMISSION FINANCIAL CRISES FINANCIAL INSTITUTIONS FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SECTOR DEVELOPMENT FINANCIAL STABILITY FINANCIAL STRUCTURES FINANCIAL SYSTEM FORECLOSURE FOREIGN CURRENCY FOREIGN EXCHANGE GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GOVERNMENT DEBT GOVERNMENT DEBT MARKETS GOVERNMENT INTERVENTION GOVERNMENT POLICY GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT GUARANTEE FUND HOME MORTGAGE HOME OWNERSHIP HOMEOWNERSHIP HOUSEHOLD WEALTH HOUSING FINANCE ILLIQUIDITY INDIVIDUAL LOAN INFLATION INFLATION RISK INFORMATION ASYMMETRY INFORMATION TECHNOLOGY INSTALLMENT SALES INSTRUMENT INSURANCE INSURANCE PRODUCTS INTEREST RATE INTEREST RATES INTEREST-RATE RISK INTERNATIONAL BANK INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL MARKETS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SETTLEMENTS INTERNATIONAL STANDARDS INVESTMENT CORPORATION INVESTMENT INSTRUMENTS INVESTOR DEMAND ISLAMIC FINANCE JUDICIAL ENFORCEMENT Chiquier, Loic Lea, Michael Housing Finance Policy in Emerging Markets |
| description |
This report documented the importance of
housing in the economy while at the same time providing
governments with guidelines on how best to design policy to
create efficient housing markets. The purpose of this book
is to provide fact-based information and guidance to policy
makers concerned with housing finance in emerging markets.
An overarching goal is to improve the understanding of the
importance of housing finance to the economy. This includes
covering the prerequisites for an effective housing finance
system together with the main characteristics of such a
system. The book continues by laying out some of the policy
alternatives and models of housing finance (products,
infrastructure, risk management, regulations, and funding).
In line with the priorities of many governments, the book is
focused on solutions; in particular the role of government
in contributing to the growth of housing finance and in
increasing access to housing finance for lower and informal
income households. The way taken to achieve these objectives
is of the essence: they cannot be achieved, at least in a
sustainable manner, by involving the creation of undue
additional risks for the financial sector or eventually
unbearable fiscal liabilities. |
| format |
Publications & Research :: Publication |
| author |
Chiquier, Loic Lea, Michael |
| author_facet |
Chiquier, Loic Lea, Michael |
| author_sort |
Chiquier, Loic |
| title |
Housing Finance Policy in Emerging Markets |
| title_short |
Housing Finance Policy in Emerging Markets |
| title_full |
Housing Finance Policy in Emerging Markets |
| title_fullStr |
Housing Finance Policy in Emerging Markets |
| title_full_unstemmed |
Housing Finance Policy in Emerging Markets |
| title_sort |
housing finance policy in emerging markets |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090623013605 http://hdl.handle.net/10986/2641 |
| _version_ |
1764385753186435072 |