Assessing Key Components for Sustainable Property Market Development
Billions of people around the world today still lack secure property rights and access to other key building blocks of a fully functional property system, according to the Commission on Legal Empowerment of the Poor. This, in turn, hinders their economic, political, and social prospects of participation and development. Institutions that make property markets work need to be strengthened in order to improve livelihoods around the world.
The International Property Markets Scorecard is a systems analysis tool jointly developed by the Center for International Private Enterprise (CIPE) and IHC Global to provide an actionable snapshot of the institutional components of a property market. The Scorecard can be used by in-country reformers, international policy advisors, the donor community, and global property market analysts to understand market conditions, evaluate risks, and identify key areas for reform.
The Scorecard Methodology investigates the six core elements necessary for sustainable property market development: property rights, access to credit, effective governance, rational dispute resolution, financial transparency, and appropriate regulation. The color saturation of each element indicates its relative strength or weakness, building a comprehensive picture of where reform efforts should focus to fully realize human potential, contribute to inclusive economic growth, and provide the opportunity for all to prosper.
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Property Rights and Markets: Key Building Blocks of an Equitable Post-COVID Recovery
May 7, 2020 | The Center for International Private Enterprise and a panel of expert speakers discuss best practices and challenges in making property rights broadly accessible and economically transformative, especially for women marginalized groups.
Why Property Rights and Property Markets Are Key Ingredients of Inclusive Development
May 6, 2020 | CIPE and experts explain why property rights issues must be a key factor in post-COVID recovery planning and how tools such as the International Property Markets Scorecard can assist advocacy efforts and policy recommendations.
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