The Limits of Central Government Intervention in the Land and Development Market

This article looks at the ability of central governments to intervene in the land and development market to fulfil specific policy goals. In particular, after introducing the ideological controversy which has plagued the issue of compensation and betterment and state intervention into the land market, the article considers the complex range of social, economic, administrative and political constraints, which limited the Labour government’s attempts to create a dominant central government agency in the market in the shape of the 1967 Land Commission Act. In conclusion it is argued that the ideological background to any such intervention precludes central government attempts to rationalise and modify market relationships through managerial/reformist interventions

Agency (philosophy · Business · Central government · Commission · Compensation (psychology · Economic interventionism · Economic system · Economics · Government (linguistics · Government failure · Ideology · Intervention (counseling · Local government · Market economy · Market failure · Political economy · Political science · Politics · Sociology · State (computer science · Land Rights and Reforms · Law · Public Administration · Finance