Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes

This policy note assesses the performance of existing land administration and management (LAM) system in the Philippines in creating an environment for competitive cities. It looks at the influence of LAM (including property rights) in the proper f...

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Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/334961495809114943/Improving-land-administration-and-management-for-sustainable-urban-development
http://hdl.handle.net/10986/27142
id okr-10986-27142
recordtype oai_dc
spelling okr-10986-271422021-05-25T09:00:42Z Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes World Bank LAND ADMINISTRATION URBANIZATION LAND USE LAND USE PLANNING TAXATION This policy note assesses the performance of existing land administration and management (LAM) system in the Philippines in creating an environment for competitive cities. It looks at the influence of LAM (including property rights) in the proper functioning of land markets in urban areas; the effectiveness of land use planning and regulations in shaping urban growth, reducing informality, and improving efficiency in use of space; and the impacts of property valuation and taxation practices in generating revenues to finance local development plans. LAM systems are a fundamental infrastructure for proper functioning of land markets. Well-functioning land markets facilitate investments and growth, improve land allocation, and develop financial markets. For land markets to work efficiently, they must be underpinned by land administration systems that define property rights; guarantee security of tenure; establish a mechanism for registering these rights within reasonable time and costs, and generate information to support property valuation and taxation. Well-defined property rights underpin security of transactions and investments in well-functioning land markets, as these reduce conflicts, decrease transaction costs, and provide incentives for the private sector to invest. Property valuation facilitates efficient disposal and proper compensation of land, equitable land and property taxation, and proper valuation of land as collateral assets. In addition, LAM systems are essential in land use planning that shapes urban growth, improves efficiencies in use and allocation of limited space, and in turn, enhances the performance of land markets. In metropolitan areas, coordinated land use planning is essential to achieve efficiency in service provision, enable connectivity and maximize the potential of agglomeration for city competitiveness. Effective land use planning enables timely provision of investments to influence the shape and pattern of land development. Well-functioning land market and efficient land use are important in creating sustainable and competitive cities. 2017-06-14T18:41:57Z 2017-06-14T18:41:57Z 2017-05 Policy Note http://documents.worldbank.org/curated/en/334961495809114943/Improving-land-administration-and-management-for-sustainable-urban-development http://hdl.handle.net/10986/27142 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Notes East Asia and Pacific Philippines
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic LAND ADMINISTRATION
URBANIZATION
LAND USE
LAND USE PLANNING
TAXATION
spellingShingle LAND ADMINISTRATION
URBANIZATION
LAND USE
LAND USE PLANNING
TAXATION
World Bank
Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
geographic_facet East Asia and Pacific
Philippines
description This policy note assesses the performance of existing land administration and management (LAM) system in the Philippines in creating an environment for competitive cities. It looks at the influence of LAM (including property rights) in the proper functioning of land markets in urban areas; the effectiveness of land use planning and regulations in shaping urban growth, reducing informality, and improving efficiency in use of space; and the impacts of property valuation and taxation practices in generating revenues to finance local development plans. LAM systems are a fundamental infrastructure for proper functioning of land markets. Well-functioning land markets facilitate investments and growth, improve land allocation, and develop financial markets. For land markets to work efficiently, they must be underpinned by land administration systems that define property rights; guarantee security of tenure; establish a mechanism for registering these rights within reasonable time and costs, and generate information to support property valuation and taxation. Well-defined property rights underpin security of transactions and investments in well-functioning land markets, as these reduce conflicts, decrease transaction costs, and provide incentives for the private sector to invest. Property valuation facilitates efficient disposal and proper compensation of land, equitable land and property taxation, and proper valuation of land as collateral assets. In addition, LAM systems are essential in land use planning that shapes urban growth, improves efficiencies in use and allocation of limited space, and in turn, enhances the performance of land markets. In metropolitan areas, coordinated land use planning is essential to achieve efficiency in service provision, enable connectivity and maximize the potential of agglomeration for city competitiveness. Effective land use planning enables timely provision of investments to influence the shape and pattern of land development. Well-functioning land market and efficient land use are important in creating sustainable and competitive cities.
format Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
title_short Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
title_full Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
title_fullStr Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
title_full_unstemmed Improving Land Administration and Management for Sustainable Urban Development : Philippines Urbanization Review Policy Notes
title_sort improving land administration and management for sustainable urban development : philippines urbanization review policy notes
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/334961495809114943/Improving-land-administration-and-management-for-sustainable-urban-development
http://hdl.handle.net/10986/27142
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