Planning Approaches to the Management of Land Value Increments in Argentina

Abstract

The objective of this article is to analyze to what extent the current planning approaches utilized by local governments contribute to the private appropriation of land value increments or whether, they allow governments to capture part of this added value in the name of the public interest. The paper argues that in Argentina there are three competing approaches by which local governments address this issue: a laissez-faire approach, an entrepreneurial approach and a socially oriented approach. It goes on to examine the principles, legal basis and instruments of each approach and presents examples of large urban projects managed in accordance with them.