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Showing items 1 through 9 of 7.
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Library Resource
This note summarizes findings from an
analysis of Vanuatu national leasing data drawn from the
Vanuatu department of lands databases for the period of
1980-2010. It provides a preliminary indication of how much
of Vanuatu is currently under lease, where land is being
leased, how leased land is being used, the length of leases,
and the extent that leases have been subdivided. The profile
also highlights areas where data collection needs to be improved.
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Library Resource
Buying, selling and mortgaging farmland
are still rare in Eastern and Central Europe. Not
surprisingly, given the level of risk in many of these
countries, short-term transactions, especially leasing, are
more common. These short-term transactions do almost as well
as land sales in allocating resources. Making them more
secure by improving simple registration and enforcement
systems and increasing public access to information on what
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Library Resource
Under the Vanuatu constitution, the
'rules of custom shall form the basis of ownership and
use of land.' Implementing this principle after decades
of land alienation, however, has proved to be challenging.
While the leasing arrangement was originally intended to
restore investor confidence and maintain agricultural
development in newly independent Vanuatu, it soon evolved
into the method of acquiring new leases over previously
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Library Resource
IFC has built up a hefty portfolio of
debt and equity investments in leasing companies in emerging
markets. Based on IFC's experience, the authors argue
that leasing is an effective instrument for financing small
firms' investments in equipment --especially in
countries with weak collateral laws or mostly new businesses
that lack historical financial statements.
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Library Resource
Land markets that allow access to
land-and to buildings-through secure property rights, at
transparent prices, and with efficient permitting processes
and land tax systems are essential to a good business
environment. Creating such markets, however, can be a long,
complex, politically charged process, especially where most
land is untitled and where there are conflicting claims. But
experience points to practical interim or step solutions
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Library Resource
The project initially focused on
building upon the 1998 Registration Law to develop
registration procedures, and on getting the Legislative
Reform Office (LROs) up and running. Cost, affordability,
and quality of services were important considerations. The
Project benefited from the country's high education
levels and relatively low labor costs. Since independence in
1991, the Government of the Kyrgyz Republic has sought to
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Library Resource
Enterprises use credit to acquire
productivity-enhancing assets. Rural enterprises in
developing economies, however, often lack access to the
credit they need. Key reasons for this lack of access
include the low level and scattered nature of economic
activity in rural areas, the enterprises' lack of
collateral, inadequate capacity among the country's
lenders to lend in rural areas, and legal and policy
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