Land administration and its impact on economic development

• Main Author: Subedi, G. P
• Format: Dissertation
• Language: English
• Published: University of Reading 2016

This thesis investigates the relationship between land administration and economic development. More specifically, it assesses the role of land tenure security in productivity and that of land administration services in revenue generation. The empirical part of the study was undertaken in Nepal, Bangladesh and Thailand. A mixed method approach was employed for data collection, analysis and interpretation. The information was gathered using questionnaires, interviews, observations, informal discussions and documentation analysis. This study demonstrates that land administration plays a crucial role in providing security of land tenure. It also evidences that the use value, collateral value and exchange value of land is increased after registration which has benefitted the occupation, investment and finance sectors of the case study economies. Specifically, it was found that land use activity became more productive. With regard to financial services, banks more readily accepted land as loan security for debt finance and did so at an interest rate that was lower than that offered by private lenders. Land-related investment and income also increased and these effects are found to be positively correlated with tenure security. However, access to credit is not enough to increase investment unless it is communicated properly. This study demonstrates that quality of land administration services affects on tenure security and revenue generation. Poor land administration, improper land valuation and inefficient and unscrupulous employees threaten tenure security and reduce the amount of revenue that can be generated from land. The establishment of land administration systems and security of land tenure is beneficial for the government as it supports economic development by increasing production and generating revenue to some extent. It may also enhance efficient use of scarce resources, increase household income and play an important role in maintaining distributive justice and reducing poverty. The findings of this study indicate a need for further research on the contribution of land administration in the real estate sector as well as changes to the livelihoods of civilians.