000			02126 a2200241 4500
001			1351623494
005			20250317111607.0
008			250312042018GB eng
020			_a9781351623490
037			_bTaylor & Francis _cGBP 43.99 _fBB
040			_a01
041			_aeng
072	7		_aGTP _2thema
072	7		_aGTF _2bic
072	7		_aSOC042000 _2bisac
072	7		_a333.3 _2bisac
100	1		_aPeter Ho
245	1	0	_aEndogenous Theory of Property Rights
250			_a1
260			_aOxford _bRoutledge _c20181015
300			_a226 p
520			_bFrom 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 .
999			_c4641 _d4641