Invited Takings: Supermajority, Assembly Surplus, and Local Public Financing

Author:Ruoying Chen
Position::Associate Professor, Peking University Law School

Fear of the abusive exercise of eminent domain power and of potentially high costs resulting from serious holdout could cause slowdown and even suspension of land assembly for urban redevelopment, which is particularly devastating for the developing world, as evidenced by urban slums and vulnerable infrastructure. Invited takings, as recently emerged in China, delivered success in overcoming... (see full summary)

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