O'Brien, P. , Lord, A. and Dembski, S. (2020) How do planners manage risk in alternative land development models? An institutional analysis of land development in the Netherlands. Land Use Policy, 91, 104409. (doi: 10.1016/j.landusepol.2019.104409)
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Abstract
While risk is a key concern in property development, it tends to be discussed by planners only relative to the effects of regulatory planning on private sector risk. Yet planning encompasses a broad range of activities that go beyond its function of regulating private sector development. Despite active approaches to land development being commonly used across different planning contexts, frameworks for analysing public sector strategies to address risk are rarely discussed. We attempt to redress this deficit by investigating the actions of public sector development actors with regard to risk across three different land development models: public land development, land development by public-private partnership, and land readjustment. Using recent Dutch experience, we conduct an institutional analysis of each land development model in order to highlight the effects of alternative governance structures on risk as a particular transaction attribute, from the perspective of public sector planning. Our findings indicate the importance of highlighting the role of public risk in alternative models of land development where there may be a tendency to adopt institutional arrangements without due regard to this, and point to possible future applications of institutional analysis at the particular, rather than the general, level.
Item Type: | Articles |
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Additional Information: | This work was supported by the Royal Town Planning Institute (RTPI) of the UK, under its Small Project Impact Research scheme. |
Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | O'Brien, Dr Philip |
Creator Roles: | |
Authors: | O'Brien, P., Lord, A., and Dembski, S. |
College/School: | College of Social Sciences > School of Social and Political Sciences > Urban Studies |
Journal Name: | Land Use Policy |
Publisher: | Elsevier |
ISSN: | 0264-8377 |
ISSN (Online): | 1873-5754 |
Published Online: | 10 December 2019 |
Copyright Holders: | Copyright © 2019 Elsevier Ltd. |
First Published: | First published in Land Use Policy 91: 104409 |
Publisher Policy: | Reproduced in accordance with the publisher copyright policy |
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