Prosperity Unbound: Building Property Markets with Trust

Comments:
Elena Panaritis, a former World Bank economist and investment advisor on deregulation, offers a provocative new look at real and “unreal” estate, a problem that afflicts half the world’s property owners, living and working outside the formal structures of society.
Panaritis has seen first-hand how “unreal” estate distorts and suppresses property values and stunts the development of property markets. Working with the investment finance industry, governments and owners, and by marrying theory and practice, she has devised an analytical solution – one that has been successfully applied in Peru. It may be applied just as successfully elsewhere, unlocking value and opening the door to unbounded prosperity.

The book sheds light on a subject that has long been ignored or dismissed by traditional economists and offers practical guidance for policy makers, government officials, private investors and entrepreneurs who want to create or strengthen property markets and transform “unreal” estate into real estate.