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Author: Klaus W. Deininger
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 40
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Book Description
Even though it is widely recognized that giving farmers more secure land rights may increase agricultural investment, scholars contend that, in the case of China, such a policy might undermine the function of land as a social safety net and, as a consequence, not be sustainable or command broad support. Data from three provinces, one of which had adopted a policy to increase security of tenure in advance of the others, suggest that greater tenure security, especially if combined with transferability of land, had a positive impact on agricultural investment and, within the time frame considered, led neither to an increase in inequality of land distribution nor a reduction in households' ability to cope with exogenous shocks. Household support for more secure property rights is increased by their access to other insurance mechanisms, suggesting some role of land as a safety net. At the same time, past exposure to this type of land right has a much larger impact quantitatively, suggesting that a large part of the resistance to changed property rights arrangements disappears as household familiarity with such rights increases.
Author: Klaus W. Deininger
Publisher: World Bank Publications
ISBN:
Category : Agriculture
Languages : en
Pages : 40
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Book Description
Even though it is widely recognized that giving farmers more secure land rights may increase agricultural investment, scholars contend that, in the case of China, such a policy might undermine the function of land as a social safety net and, as a consequence, not be sustainable or command broad support. Data from three provinces, one of which had adopted a policy to increase security of tenure in advance of the others, suggest that greater tenure security, especially if combined with transferability of land, had a positive impact on agricultural investment and, within the time frame considered, led neither to an increase in inequality of land distribution nor a reduction in households' ability to cope with exogenous shocks. Household support for more secure property rights is increased by their access to other insurance mechanisms, suggesting some role of land as a safety net. At the same time, past exposure to this type of land right has a much larger impact quantitatively, suggesting that a large part of the resistance to changed property rights arrangements disappears as household familiarity with such rights increases.
Author: Deininger
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Klaus Deininger
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
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Book Description
Even though it is widely recognized that giving farmers more secure land rights may increase agricultural investment, scholars contend that, in the case of China, such a policy might undermine the function of land as a social safety net and, as a consequence, not be sustainable or command broad support. Data from three provinces, one of which had adopted a policy to increase security of tenure in advance of the others, suggest that greater tenure security, especially if combined with transferability of land, had a positive impact on agricultural investment and, within the time frame considered, led neither to an increase in inequality of land distribution nor a reduction in households' ability to cope with exogenous shocks. Household support for more secure property rights is increased by their access to other insurance mechanisms, suggesting some role of land as a safety net. At the same time, past exposure to this type of land right has a much larger impact quantitatively, suggesting that a large part of the resistance to changed property rights arrangements disappears as household familiarity with such rights increases.This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to assess the impact of land market policy.
Author:
Publisher:
ISBN:
Category : Rural development
Languages : en
Pages : 508
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Book Description
Author: Alberto R. Musalem
Publisher: World Bank Publications
ISBN:
Category : Bonds
Languages : en
Pages : 32
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Book Description
Impavido, Musalem, and Tressel assess empirically the impact of contractual savings institutions portfolios (pension funds and life insurance companies) on securities markets, for example, depth and liquidity in the domestic stock market, and depth in the domestic bond market. They discuss how the institutionalization of savings can modify financial markets through the lengthening of securities' maturities. The results are the following: * An increase in assets of contractual savings institutions relative to domestic financial assets has a positive impact on the depth of stock and bond markets on average. * The impact on stock market depth and liquidity is nonlinear: it is stronger in countries where corporate information is more transparent. * There is evidence of a significant heterogeneity among countries: contractual savings have a stronger impact on securities markets in countries where the financial system is market based, pension fund contributions are mandatory, and international transactions in securities are lower. * The authors do not find that the impact of contractual savings institutions on securities markets is explained by the overall level of development, education, demographic structure or the legal environment. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study the effects of contractual savings on financial markets.
Author: David J. Spielman
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 648
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Book Description
The world has made enormous progress in the past 50 years toward eliminating hunger and malnutrition. While, in 1960, roughly 30 percent of the world's population suffered from hunger and malnutrition, today less than 20 percent doessome five billion people now have enough food to live healthy, productive lives. Agricultural development has contributed significantly to these gains by increasing food supplies, reducing food prices, and creating new income and employment opportunities for some of the world's poorest people.This book examines where, why, and how past interventions in agricultural development have succeeded. It carefully reviews the policies, programs, and investments in agricultural development that have reduced hunger and poverty across Africa, Asia, and Latin America over the past half century. The 19 successes included here are described in in-depth case studies that synthesize the evidence on the intervention's impact on agricultural productivity and food security, evaluate the rigor with which the evidence was collected, and assess the tradeoffs inherent in each success. Together, these chapters provide evidence of "what works" in agricultural development.
Author:
Publisher: World Bank Publications
ISBN: 0821364693
Category : Law
Languages : en
Pages : 280
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Book Description
"Land Law Reform examines the wide-spread efforts to reform land law in developing countries and countries in transition, drawing in particular upon the experience of the World Bank and the Rural Development Institute. The book considers the role of land law reform in the development process and analyzes how the World Bank has sought to support these legal changes in client countries. It reviews the experience with reform of laws affecting land access and rights in achieving gender equity, identifies opportunities for reinforcing environmentally sustainable development through land law reform, and examines from both growth and poverty alleviation perspectives the effectiveness of reforms to formalize property rights and liberalize land markets. The concluding chapter recommends some basic priorities for land law reforms. John W. Bruce is a senior counsel in the Legal Vice-Presidency of the World Bank, and a former director of the Land Tenure Center of the University of Wisconsin-Madison. He has published extensively on land law and land policy in developing countries. Renee Giovarelli, David Bledsoe, Leonard Rolfes, and Robert Mitchell are staff attorneys with the Rural Development Institute of Seattle, Washington, a nonprofit organization that promotes and advises on land-related policy and legal reform in developing and transition countries. All have done fieldwork and advised extensively on land law reform and have published widely on this topic."
Author:
Publisher:
ISBN:
Category : China
Languages : en
Pages : 316
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Author: Klaus W. Deininger
Publisher:
ISBN:
Category : Farm rents
Languages : en
Pages : 40
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Book Description
Author: Monica Das Gupta
Publisher:
ISBN:
Category : Cambio social - China
Languages : en
Pages : 48
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Book Description
