Land-taking controversies around the globe have been making headline news recently. This article examines the similarities, differences, and ironies in what has been happening in China, Vietnam, and the United States. Even though these countries are different on many levels, their fiscal...

The Chinese government has been active in trying to cool the alleged bubbles in its housing markets, especially in urban areas. This paper argues that the high housing prices are at least partly caused by some real factors, including the policy of restricting land uses, in particular the...