An Endogenous Theory of Property Rights

Taal: Engels
An Endogenous Theory of Property Rights
  • Engels
  • Hardcover
  • 9781138081147
  • augustus 2017
  • 216 pagina's
Alle productspecificaties

Samenvatting

From a neo-liberal, neo-classical paradigm, secure, formal and private property rights are crucial to fostering sustained development. Institutions that fail to respond to shifting socio-economic opportunities are thus forced to make new arrangements. The enigma is posed by developments on the ground. Why would the removal of authoritarian institutions during the Arab Spring or Iraq War not increase market efficiency but rather cause the reverse, while China and India, despite persisting insecure, informal and common institutions, featured sustained growth? This collection posits that understanding these paradoxes requires a refocusing from form to function, detached from normative assumptions about institutional appearance. In so doing, three things are accomplished. First, starting from case studies on land, it is ascertained that the argument can be meaningfully extended to labour, capital and beyond. Second, the argument validates the Credibility Thesis' - that is, once institutions persist, they fulfil a function. Third, the collection studies development, broadly construed', by including the modes of production and beyond, the rural and urban, the developed and developing. This is why it reviews property rights from China and India, to Turkey, Mexico and Malaysia, covering issues such as customary rights and privatization, mining and pastoralism, dam-building and irrigation, but also state-owned banks, trade unions and notaries. This book was originally published as a special issue of The Journal of Peasant Studies.

Productspecificaties

Inhoud

Taal
Engels
Bindwijze
Hardcover
Verschijningsdatum
augustus 2017
Aantal pagina's
216 pagina's
Illustraties
Nee

Betrokkenen

Redacteur
Peter Ho
Uitgever
Taylor & Francis Ltd

EAN

EAN
9781138081147

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Extra groot lettertype
Nee
Thema Subject Code
GTP

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