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A recent study of house price behavior in U.S. cities by Gyourko, Mayer, and Sinai (2006) raises questions about so-called superstar cities in which housing is so inelastically supplied that it becomes unaffordable, as higher-income families outbid residents. We consider the case of Accra,...
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"In 1986 the World Bank prepared a strategy for low-income housing in developing countries. This work grew out of the Bank's efforts to support the urban poor through an extensive housing assistance program that was launched by Bank President McNamara's speech on urban poverty. By that time, the...
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Urbanization and growth : setting the context / Patricia Clarke Annez and Robert M. Buckley -- Rethinking economic growth in a globalizing world : an economic geography lens / Anthony J. Venables -- Are cities engines of growth and prosperity for developing countries? / Gilles Duranton --...
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Ghana has been one of the most rapidly growing economies in sub-Saharan Africa. This growth has been aided by Ghana's improving policy environment. In light of this, the paper addresses the question of why, given its higher level of per capita income and relatively strong growth, the housing...
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