Housing finance in developing countries / / R. Buckley

• Autore: Buckley Robert M.
• Pubblicazione: New York, New York : , : St. Martin's Press, , [1996]; ©1996
• Edizione: 1st ed. 1996.
• Descrizione fisica: 1 online resource (221 p.)
• Disciplina: 338.582
• Soggetto topico: Housing - Finance - Developing countries
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Cover; Contents; List of Figures and Tables; Preface; Acknowledgements; 1 Introduction; 1.1 Overview and Plan of Book; PART I: THE FRAMEWORK FOR ANALYSIS; 2 The Financial Policy Dimension; 2.1 Introduction; 2.2 Housing, Housing Finance and the Economy; 2.3 Housing's Durability and Credit Affordability; 2.4 Housing's Collateral Efficiency; 2.5 Credible Contracts and the Growth of Housing-Finance Systems; 2.6 Conclusion; 3 The Fiscal Policy Dimension; 3.1 Introduction; 3.2 The Housing Sector and the Economy since the Mid-1970s ; 3.3 The Interaction of Regulatory Regimes with the Changing Economic Environment: Implications for Housing Investments3.4 Some Examples of Broader Consequences of Implicit Fiscal Policies: Poland; 3.5 Conclusion; 3.6 Appendix; 4 The Real Sector Dimension; 4.1 Introduction; 4.2 Real-Estate Sector in Market Economies; 4.3 The Real-Estate Sector in Centrally-Planned Economies; 4.4 Transition to a Market Economy; 4.5 Conclusion; 5 A Simple Theory of the Policy Dimensions of the Housing Sector; 5.1 A Simple Model; 5.2 Policy Analysis in the Model; 5.3 Conclusion; PART II: CASE-STUDIES ; 6 The Financial Dimension: Mortgage Instruments6.1 Introduction; 6.2 The Repayment 'Tilt': How Inflation Makes Housing Unaffordable; 6.3 Addressing the Repayment Tilt Problem; 6.4 Administering Dual-Indexed Mortgages: How a Model Can Help; 6.5 Conclusion; 7 The Financial Policy Dimension: Competition for Deposits; 7.1 Introduction; 7.2 Indexed Monetary Balances in Colombia; 7.3 The Model and the Data; 7.4 The Augmented Production Function and Other Studies of Colombian Economic Growth; 7.5 Conclusion; 7.6 Appendix; 8 The Fiscal Policy Dimension: Implicit Subsidies; 8.1 Introduction ; 8.2 Recent Economic and Housing-Market Trends in Argentina8.3 A User-Cost of Capital Approach to the Housing Market; 8.4 Applying the User-Cost Approach to the Argentina Housing Market; 8.5 Evaluating the Efficiency of Housing Subsidies; 8.6 Conclusion; 9 The Fiscal Policy Dimension: Implicit Taxes; 9.1 Introduction; 9.2 Housing Policy Under Socialism; 9.3 The Case of Hungary; 9.4 An Analysis of the Classical Socialist System: A Parable; 9.5 Conclusion; 9.6 Appendix; 10 The Real Sector Dimension: Constraints on Encouraging the Private Sector; 10.1 Introduction ; 10.2 The role of the Private Sector in Nigerian Housing10.3 Housing-Finance Policy Under the NHP; 10.4 Housing-Finance Policy in Other Countries; 10.5 An Alternative Housing-Finance Policy; 10.6 Conclusion; 11 The World Bank Experience with Housing Finance; 11.1 An Overview of the World Bank's Housing-Finance Portfolio; 11.2 An Assessment of the Effectiveness of Housing-Finance Operations; 11.3 Implementing Policy Change; 11.4 Housing-Finance Projects and Subsidies; 12 Conclusion; Notes; References; Index
• Sommario/riassunto: The book analyzes housing finance policy in developing countries at a time of unprecedented change in such systems. It brings together and updates journal articles originally written as background papers and sector studies for the World Bank's involvement in these changes. It focuses on the implications for housing finance of two historic developments: the most turbulent period in world financial history and the subsequent widespread liberalization of financial systems; and the recognition of the failure of centrally-planned economies.
• Titolo autorizzato: Housing finance in developing countries
• ISBN: 1-283-65176-9; 0-230-37660-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910172216103321
• Lo trovi qui: Univ. Federico II