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Effiziente Wohnungsfinanzierungssysteme für Entwicklungs- und Transformationsländer
Ein Transfer der Globalstrategien und Resolutionen der Vereinten Nationen auf die Ebene der Finanzdienstleistungen
Schirmeister, Raimund | Nadler, Michael
Credit and Capital Markets – Kredit und Kapital, Vol. 35 (2002), Iss. 1 : pp. 73–100
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Raimund Schirmeister, Düsseldorf
Michael Nadler, Düsseldorf
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Abstract
Efficient Housing Finance Systems for Developing and Transformation Countries
Transferring UN Global Strategies and Resolutions to the Financial Services Level
In the opinions of the United Nations Organisation and the World Bank, the housing sector is of key importance for economic growth and economic development. They believe that realising private housing investment presupposes the existence of domestic financial intermediaries. This study recommends for purposes of implementing this strategy the introduction of specialised collective saving institutions. In combination with mortgage banks to be set up later for development policy purposes, this is the source of an efficient housing finance system within the meaning of “sustainable development of human settlement”. Assuming that price-index-related financial services are appropriate for mitigating housing problems of the respective population in developing and transformation countries, this combination of systems shows noticeable advantages also over those other housing finance alternatives that reflect the Anglo-American way of thinking in particular.