Implementing Value Capture in Latin America
Author | : Martim Oscar Smolka |
Publisher | : Lincoln Inst of Land Policy |
Total Pages | : 68 |
Release | : 2013 |
ISBN-10 | : 1558442847 |
ISBN-13 | : 9781558442849 |
Rating | : 4/5 (47 Downloads) |
Book excerpt: The report examines a variety of specific instruments and applications in municipalities throughout the region under three categories: property taxation and betterment contributions; exactions and other direct negotiations for charges for building rights or the transfer of development rights; and large-scale approaches such as development of public land through privatization or acquisition, land readjustment, and public auctions of bonds for purchasing building rights. It concludes with a summary of lessons learned and recommends steps that can be taken in three spheres: Learn from Implementation Experiences Increase Knowledge about Theory and Practice Promote Greater Public Understanding and Participation