Initial Experience from Brazil, Colombia, and South Africa 2040. The paper describes and evaluates a new type of negotiated land redistribution and highlights key areas that merit attention in designing programs of this nature. Deininger describes a new type of negotiated land reform that relies on voluntary land transfers negotiated between buyers and sellers, with the government's role restricted to establishing the necessary framework for negotiation and making a land purchase grant available to eligible beneficiaries. Deininger describes initial experiences in Brazil, Colombia, and South Africa.
Productive projects are likely to be the key to market-assisted land reform.
The potential for project productivity establishes an upper bound on the price to be paid and a basis for financial intermediaries to evaluate the project. It also requires beneficiaries to familiarize themselves with the realities they're likely to confront as independent farmers and the limits to how much land reform can help them achieve their goals. The only way to effectively coordinate the entities involved in the process is through decentralized, demand-driven implementation. The full report is available in PDF format.