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Poverty and poverty rights

Series: Economist ; 358(8215) 31 March 2001, 21-25(3)Publication details: 2001Subject(s): Summary: Argues that reforming property law in underdeveloped countries thoughout the world would help to alleviate poverty in the poorest parts of the world. Hernando de Soto's "Mystery of capital:why capitalism triumphs in the West and fails everywhere else" estimates that the total value of fixed property held but not legally owned in third world and former communist countries to be at least $9.3 trillion. Quotes Malawi as an example. Heranando de Soto's book is availalble to be borrowed from the RICS library.

Argues that reforming property law in underdeveloped countries thoughout the world would help to alleviate poverty in the poorest parts of the world. Hernando de Soto's "Mystery of capital:why capitalism triumphs in the West and fails everywhere else" estimates that the total value of fixed property held but not legally owned in third world and former communist countries to be at least $9.3 trillion. Quotes Malawi as an example. Heranando de Soto's book is availalble to be borrowed from the RICS library.