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Vol 23 No 7 July/August 2018

Book of the Month

Cover of Housing Allocations and Homelessness: Law and Practice

Housing Allocations and Homelessness: Law and Practice

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The Great Property Fallacy: Theory, Reality, and Growth in Developing Countries


ISBN13: 9781108422833
Published: April 2018
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £74.99



Despatched in 6 to 8 days.

In this groundbreaking book, Frank K .Upham uses empirical analysis and economic theory to demonstrate how myths surrounding property law have blinded us to our own past and led us to demand that developing countries implement policies that are mistaken and impossible. Starting in the 16th century with the English enclosures and ending with the World Bank's recent attempt to reform Cambodian land law - while moving through 19th century America, postwar Japan, and contemporary China - Upham dismantles the virtually unchallenged assertion that growth cannot occur without stable legal property rights, and shows how rapid growth can come only through the destruction of pre-existing property structures and their replacement by more productive ones. He argues persuasively for the replacement of Western myths and theoretical simplifications with nuanced approaches to growth and development that are sensitive to complexity and difference and responsive to the political and social factors essential to successful broad-based development.

Subjects:
Property Law
Contents:
1. Introduction
2. Physics envy: property rights in development theory
3. Property and markets: England and America
4. Property and politics: Japan
5. Law and development without the law part: China
6. Theory in action: Cambodia
7. Property rights and social change.