Recuperación de plusvalias en América Latina

Latin American urbanization is characterized largely by dramatic social inequities, particularly in the access to urban land and services. These inequities are expressed in formidable urban land price differentials associated with the process through which land value increments are generated, appropriated, and used. In this context, it is not surprising that ideas such as the mobilization of land value increments to benefit the community, as inspired by the work of Henry George, have attracted so much attention in the region. In Recuperacion de plusvalias en America Latina: Alternativas para el desarrollo urbano (Value Capture in Latin America: Alternatives for Urban Development), eight essays by Latin American scholars demonstrate that value capture policies are theoretically feasible and that legislation and tools for their implementation already exist in many countries. The case studies offer valuable lessons not only for Latin America and the third world, but also for the developed world.