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Land Trust to Facilitate Development Through Land Transfer

  • Naoyuki Yoshino
  • Saumik PaulEmail author
  • Vengadeshvaran Sarma
  • Saloni Lakhia
Chapter

Abstract

The recent political upheaval transgressing from the industrialization drive through forcible land grab in many parts of Asia (India, Indonesia, Nepal and the Philippines in particular) points to the need for a sustainable policy—a framework that results in a positive sum game, benefiting land owners without hurting growth prospects. Combining the tools from the fields of law and economics, we propose land trust or land lease for the development of infrastructure investment and industrialization purposes. We argue that this is one of the best ways to increase the rate of return to invite private investors into infrastructure investment. Through evidence from the success stories of land trust initiatives in many Asian countries, including India, we aim to showcase the relevance of this alternate method.

References

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  2. Bhattarai, A. M. (2001). Displacement and rehabilitation in Nepal: Law, policy and practice. New Delhi: Anmol Publications Pvt. Ltd.Google Scholar
  3. Guneratne, A. (2002). Many tongues, one people: The making of Tharu identity in Nepal. New York: Cornell University Press.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Naoyuki Yoshino
    • 1
  • Saumik Paul
    • 1
    Email author
  • Vengadeshvaran Sarma
    • 2
  • Saloni Lakhia
    • 1
  1. 1.Asian Development Bank Institute (ADBI)TokyoJapan
  2. 2.University of NottinghamSemenyihMalaysia

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