Testing Land Readjustment in Colombia: the equitable share between stakeholders

Land Readjustment, a land management tool that encourages the voluntary participation of landowners to assemble plots (Hong, 2007), developing the projects by sharing the value of the land equitably (Hong & Cheng, 2014), to recover the costs of infrastructure and services (Doebele, 1982), has been implemented in Colombia since its legal introduction with law 388 of 1997. Even though a legal framework exists, there are institutional deficiencies in the implementation process of Land Readjustment (LR) in Colombia, there is the possibility of landowners not participating voluntarily, and the leadership of the private developers might not be guaranteeing equity.


 

Therefore, this research aimed to test the equity between stakeholders of Land Readjustment (LR) projects in Colombia on Sharing the Value of Land.

It was possible to find that, there is s a statistically significant difference, between the benefits that each group of stakeholders receives and the contributions they do. There is also evidence that the original landowners are not participating in the Land Readjustment projects. With this findings it can be concluded that Land Readjustment projects in Colombia differ from the theoretical Hypothesis, because the fact that, original landowners are being bought out by other stakeholders, contradicts one of the main characteristics of Land Readjustment, the voluntary Land Assembly method; and the action of developers, receiving more benefits than what they should, has created an inequitable distribution of the benefits, deviating from what theory has stated.

Full document can be found at:

https://www.scribd.com/doc/281806568/Daza2015-Testing-Land-Readjustment-in-Colombia-the-equitable-share-between-stakeholders

Video of the findings presentation can be found at:

https://youtu.be/QQ0b7D5yhpA

Network

Follow us on Facebook
Banner
News, Events, Get Involved!

Donations

You can Donate Here!
Banner
We use verified and secured plataforms