Housing Finance Policy in Emerging Markets

Loic Chiquier and Michael Lea

No 2641 in World Bank Publications - Books from The World Bank Group

Abstract: This report documented the importance of housing in the economy while at the same time providing governments with guidelines on how best to design policy to create efficient housing markets. The purpose of this book is to provide fact-based information and guidance to policy makers concerned with housing finance in emerging markets. An overarching goal is to improve the understanding of the importance of housing finance to the economy. This includes covering the prerequisites for an effective housing finance system together with the main characteristics of such a system. The book continues by laying out some of the policy alternatives and models of housing finance (products, infrastructure, risk management, regulations, and funding). In line with the priorities of many governments, the book is focused on solutions; in particular the role of government in contributing to the growth of housing finance and in increasing access to housing finance for lower and informal income households. The way taken to achieve these objectives is of the essence: they cannot be achieved, at least in a sustainable manner, by involving the creation of undue additional risks for the financial sector or eventually unbearable fiscal liabilities.

Keywords: Finance; and; Financial; Sector; Development-Debt; Markets; Finance; and; Financial; Sector; Development-Banks; &; Banking; Reform; Finance; and; Financial; Sector; Development-Housing; Finance; Private; Sector; Development-Emerging; Markets; Finance; and; Financial; Sector; Development-Access; to; Finance (search for similar items in EconPapers)
Date: 2009
ISBN: 978-0-8213-7750-5
References: Add references at CitEc
Citations: View citations in EconPapers (34)

Downloads: (external link)
https://openknowledge.worldbank.org/bitstreams/5b1 ... 5576a8e0d32/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:2641

Access Statistics for this book

More books in World Bank Publications - Books from The World Bank Group 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Tal Ayalon ().