Paper prepared for the UN Habitat Governing Council Meeting
Nairobi, Kenya, April 15-17 2013
Local governments are thirsty for financial resources. Land-based revenue instruments are of obvious interest. This set of instruments is by no means a monolithic one. There are many alternative tools, often with major differences in what they can achieve and how well they are likely to operate.
In this paper I first present a conceptual framework for classifying land-based instruments, in order to enable well-targeted discussion of sometimes confusingly look-alike instruments. I then look at reported experience with these tools among several advanced-economy countries. For each instrument, I point out the advantages and disadvantages for adoption by developing countries.
Author: Rachelle Alterman