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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2017
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Online Access: | 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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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 |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
LAND ADMINISTRATION URBANIZATION LAND USE LAND USE PLANNING TAXATION |
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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 |
_version_ |
1764463791502786560 |