Property Without Rights: Origins and Consequences of the Property Rights Gap

Major land reform programs have reallocated property in more than one-third of the world's countries in the last century and impacted over one billion people. But only rarely have these programs granted beneficiaries complete property rights. Why is this the case, and what are the consequences? This book draws on wide-ranging original data and charts new conceptual terrain to reveal the political origins of the property rights gap. It shows that land reform programs are most often implemented by authoritarian governments who deliberately withhold property rights from beneficiaries. In so doing, governments generate coercive leverage over rural populations and exert social control. This is politically advantageous to ruling governments but it has negative development consequences: it slows economic growth, productivity, and urbanization and it exacerbates inequality. The book also examines the conditions under which subsequent governments close property rights gaps, usually as a result of democratization or foreign pressure.

Author: Michael Albertus
Publisher: Cambridge University Press
Published: 01/07/2021
Pages: 416
Binding Type: Hardcover
Weight: 1.60lbs
Size: 9.20h x 7.70w x 1.00d
ISBN13: 9781108835237
ISBN10: 1108835236
BISAC Categories:
- Political Science | General
- Business & Economics | Real Estate | General