This paper analyzes land transactions between municipalities and private businesses based on official data and business surveys in 15 regions of the Russian Federation. Since the Russian Federation passed the new Land Code in 2001, land privatization has been officially encouraged by the federal...

Sprawl is often condemned, but most critiques hold no economic water. Still, a few are valid, and policy fixes may exist.

Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing, infrastructure, and real estate have been the drivers of...

Rural sprawl happens when people try to grab their slice of paradise in the country. Critics view it as devastating; newcomers are just looking for a better life.

Incentive-based tools to protect rural land from sprawl are increasingly popular, but some doubt their effectiveness.