Housing Finance Policy in Emerging Markets
eBook - PDF

Housing Finance Policy in Emerging Markets

  1. 540 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Housing Finance Policy in Emerging Markets

About this book

Housing finance markets have been changing dramatically in both emerging and developed economies. On the one hand, housing finance markets are expanding and represent a powerful engine for economic growth in many emerging economies. However, the unfolding sub-prime mortgage crisis highlights the risks and potential turbulence that this sector can introduce into the financial system when expanding without proper infrastructure and regulation. As housing finance keeps growing in emerging economies to match a rising demand for housing, new risk management approaches, business models, funding tools, and policy instruments can help. Yet many questions remain about the right balance between innovation and regulation, the extent of risks to the financial system, the appropriate role of the state to promote affordable housing, and the effects of the sub-prime crisis. This book provides a guide for policymakers dealing with housing finance in emerging markets. It highlights the prerequisites for an effective housing finance system; it lays out several policy alternatives and models of housing finance; and it explores the role of governments in expanding access to housing finance for lower-income households. There is no "best" model set out in this book. The aim is to provide a developmental roadmap that can be tailored and sequenced to each country's situation and timing.

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Yes, you can access Housing Finance Policy in Emerging Markets by Loic Chiquier,Michael Lea in PDF and/or ePUB format, as well as other popular books in Economics & Public Finance. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Contents
  2. Foreword
  3. Acknowledgments
  4. Abbreviations
  5. Introduction
  6. Objectives
  7. Evolution of Housing Finance Systems
  8. Policy Recommendations
  9. Impact and Lessons of the U.S. Subprime Crisis
  10. Housing Finance Is Interrelated with the Broader Economy
  11. Structure of the Book
  12. Summary Conclusions
  13. Chapter 1 Housing Finance and the Economy
  14. Chapter 2 Structure and Evolution of Housing Finance Systems
  15. Chapter 3 Mortgage Instruments
  16. Chapter 4 Primary Mortgage Market Infrastructure
  17. Chapter 5 Enforcement of Mortgage Rights
  18. Chapter 6 Consumer Information and Protection
  19. Chapter 7 Construction Finance in Emerging Economies
  20. Chapter 8 Risk Management and Regulation
  21. Chapter 9 Contractual Savings for Housing
  22. Chapter 10 State Housing Banks
  23. Chapter 11 Housing Provident Funds
  24. Chapter 12 Mortgage Securities in Emerging Markets
  25. Chapter 13 Mortgage Insurance
  26. Chapter 14 Residential Rental Housing Finance
  27. Chapter 15 Housing Microfinance
  28. Chapter 16 Housing Finance Subsidies
  29. Bibliography
  30. Contributors
  31. Figures
  32. Tables
  33. Boxes