Government Management of Land and Property Assets: Justification for Engagement by the Global Development Community

Brief

Government Management of Land and Property Assets: Justification for Engagement by the Global Development Community

Abstract

In most countries, central as well as local (municipal) governments own or control large holdings of land and built-up properties and, in addition, have the responsibility to provide public infrastructure services within their respective jurisdictionsfrom roads, streets, water, and sewerage to social services, such as schooling. Management of government-owned property assets, including land, as a distinctive area of public management, is still in its infancy compared with traditional areas like public budgeting or public administration. What are the benefits of asset management for the global development community, including for the clientele of the World Bank and other international development institutions?

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