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Land policies are of fundamental importance to sustainable growth, good governance, and the well-being of, and the economic opportunities open to, both rural and urban dwellers - particularly the poor.
The aim of this paper is to explain, with the aid of institutional economic theories, why Dutch works councils may contribute to an efficient governance structure.
This draft paper outlines a strategy for World Bank involvement in land policies. It focuses on property rights to land, land transactions, and socially optimal use of land.