Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-fbnjt Total loading time: 0 Render date: 2024-11-05T15:14:30.197Z Has data issue: false hasContentIssue false

9 - Conclusion

Published online by Cambridge University Press:  22 December 2020

Michael Albertus
Affiliation:
University of Chicago
Get access

Summary

The concluding chapter discusses limitations to the property rights paradigm. Neoliberal property rights are not a cure-all for rural development. There is an emerging consensus from the United Nations, World Bank, and FAO on the need for more context-specific property rights and international guidelines on how to respect, record, and strengthen such rights, especially customary rights. The conclusion then shows how the book’s theory speaks to the broader relationship between politics and markets beyond land and redistribution. States can generate new markets or enable the rise of markets, or new markets can arise organically. A government can then choose whether, and how, to delineate and protect property rights in those markets. Like with property rights in land, a country’s political institutions (democracy vs. dictatorship) as well as government coalitional dynamics (between elite factions and citizens) and foreign pressure determine property rights regimes. The conclusion applies to the evolution of subsoil property rights over oil in Mexico, subsoil mining rights for mineral natural resources in the United States, and property rights in the banking sector in Venezuela.

Type
Chapter
Information
Property without Rights
Origins and Consequences of the Property Rights Gap
, pp. 310 - 334
Publisher: Cambridge University Press
Print publication year: 2021

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Conclusion
  • Michael Albertus, University of Chicago
  • Book: Property without Rights
  • Online publication: 22 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108891950.009
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Conclusion
  • Michael Albertus, University of Chicago
  • Book: Property without Rights
  • Online publication: 22 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108891950.009
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Conclusion
  • Michael Albertus, University of Chicago
  • Book: Property without Rights
  • Online publication: 22 December 2020
  • Chapter DOI: https://doi.org/10.1017/9781108891950.009
Available formats
×