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• 27.03.2012 21:06 | Meno: ndbzera

Elena,This is a very impressive story that shows the nietptoal of institutional change in the management of urban properties. The Bank has accumulated extensive experience on property rights regularization, cadastres and property registries modernization programs. One of the common elements of these reforms is that they show the need of new legal, regulatory and organizational frameworks, to promote behavioral change within existing institutions and generate positive performance at the local level, through formal establishment of practices and rules.This institutional strengthening processes has started in various countries, with Bank support, and has provided significant experiences on the type of institutions that facilitate access to property rights of critical assets (in particular, immovable property), and the intensive use of such property rights in the market economy. Specifically in LAC, the Bank and other development partners (IDB, USAID, Denmark, Germany, Switzerland) have been very active in financing investment projects for titling, registries and cadastres. Most of these projects have dealt with critical institutional development issues like the modernization of the relevant organizations at the national and sub-national levels; the improvement of the legal and regulatory framework to respond to the practices and rules that govern the informal allocation and use of land; the reengineering of titling, registry and cadastre processes to adjust them to the demand for massive regularization of land and houses; the implementation of change management strategies to set new incentives aimed at changing the way bureaucracies and citizens approach the land and housing regularization processes, among other institutional reforms. This wealth of experience has to be systematically reviewed and articulated into a coherent framework, to fill a knowledge gap and bring together the experience of other development practitioners with that of Bank staff.Market economy institutions can be improved by identifying the most effective operational and practical approaches to address the challenges identified in the WDR 08 “Economic Geography” and the UN “Legal Empowerment for the Poor” in specifically two areas:•Legal, Regulatory and organizational reforms for efficient property rights allocation in urban settings.•Good practices on Legal Institution – building a modern property rights systems in LCR.I would encourage Ms. Panaritis to pursue her ground-breaking work around these topics that have a promise of social inclusion for millions of LAC citizens.Regards,David

• 27.03.2012 14:19 | Meno: Carlos

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