Glossary & framework library

Inflation

Urban Economics

Reference

The rate at which the general price level rises, eroding purchasing power; in Egypt and Nigeria double-digit inflation is a primary reason investors treat real estate as a hedge.

Related terms

  • Infrastructure-led growth

    Development demand created by new transport, utilities, or public investment.

  • Labour force participation

    The share of the working-age population that is employed or actively seeking work; low female participation across MENA is a key swing factor in household inco…

  • Land-use planning

    The public process of allocating land to residential, commercial, industrial, and other uses; weak or slow planning approvals are a chronic constraint on suppl…

  • Land value capture

    Public recovery of part of the land-value uplift created by infrastructure or planning.

  • Mixed-use

    Development combining residential, commercial, and other uses on one site.

  • Placemaking

    Designing spaces to create a distinctive, attractive sense of place that supports value.

  • Policy rate (base rate)

    The benchmark interest rate a central bank sets to steer the economy; it flows directly into mortgage and development-finance costs, so a hike from the CBE or…

  • Public-private partnership (PPP)

    A cooperative arrangement between government and private parties to deliver assets or services.