Land Lines April 2006
Features
China is land poor. Only about one-third of its total land area can be utilized productively for agriculture. Several measures have been introduced with the aim of protecting farmland, especially farmland with the greatest production potential.
The Case of Faria Lima in Sao Paulo
Large-scale urban redevelopment projects raise many questions about the impacts of subsequent development. They often use new fiscal or regulatory instruments, involve a large network of agents and institutions, and affect land prices and infrastructure.
A critical aspect of the property tax, but one that is rarely addressed in public debate, is its “economic incidence,” or who actually bears the burden of the tax, as opposed to its statutory incidence, or who literally pays the tax.
