Land banking, land price and Ghana’s informal land markets: A relational complexity approach

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dc.citation.volume141
dc.contributor.authorSasu A
dc.contributor.authorJaved A
dc.contributor.authorMuhammad I
dc.contributor.authorSquires G
dc.date.accessioned2024-03-12T18:40:21Z
dc.date.accessioned2024-07-25T06:48:39Z
dc.date.available2024-03-12T18:40:21Z
dc.date.available2024-07-25T06:48:39Z
dc.date.issued2024-06
dc.description.abstractLand banking practices have received little attention on how such practices shape informal land markets in developing countries. Drawing on a relational complexity framework, this study explores the land banking experience in Ghana’s informal land markets. This research conducted semi-structured interviews with over thirty participants from four communities within the Ghanaian informal land market. The analysis revealed that developers are banking large tracts of land as capital investments through land dispositions. The absence of development on these banked lands has created a situation where developers are gradually influencing land prices. The analysis also shows that developers have created complex ongoing relationships with customary land managers. This coalition relationship has shaped land prices through the displacement of state-mediated statutory powers for land exchanges. The study recommends revisiting of stakeholder discussions on the enforcement and monitoring of the processes required under the Ghanaian Lands Commission guidelines for large-scale land transactions.
dc.description.confidentialfalse
dc.identifier.citationSasu A, Javed A, Muhammad I, Squires G. (2024). Land banking, land price and Ghana’s informal land markets: A relational complexity approach. Land Use Policy: the international journal covering all aspects of land use. 141.
dc.identifier.doi10.1016/j.landusepol.2024.107133
dc.identifier.elements-typejournal-article
dc.identifier.issn0264-8377
dc.identifier.urihttps://mro.massey.ac.nz/handle/10179/70932
dc.publisherElsevier Ltd
dc.relation.isPartOfLand Use Policy: the international journal covering all aspects of land use
dc.rights(c) The author/s
dc.rights.licenseCC BY
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.titleLand banking, land price and Ghana’s informal land markets: A relational complexity approach
dc.typeJournal article
pubs.elements-id487101
pubs.organisational-groupMassey Business School
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