Economic impact of 20 years of ECA land registration projects
Torhonen, Mika-Petteri et al.
The World Bank has funded land reform, land administration, and land management projects in the Europe and Central Asia region (ECA) since early 1990s. The core investment has targeted the privatization of land rights and establishment of registers of land and property rights. The ECA land projects have established new legal land registers in nine countries, new cadastres to several countries and improved their operations in multiple countries. This paper discusses the economic impact of ECA land registration projects and challenges in measuring their impact. The paper ends with a preliminary quantification of ECA land registration projectss economic impact and concludes that ECA land registration projects have smoothened and accelerated the transition process, progressed land and property markets, and supported mortgage market growth. The paper also proposes an expanded Byamugisha framework as the most suitable approach for measuring economic impact of land registration projects.
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