Journal
WORLD DEVELOPMENT
Volume 36, Issue 7, Pages 1233-1246Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.worlddev.2007.06.017
Keywords
property rights; law; Africa; capital formation; poverty; women
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Economists such as Hernando De Soto have argued that clearly defined property rights are essential to capital formation and ultimately to economic growth and poverty alleviation. This article traces two impediments to the clear definition of property rights in the African context: customary law and the status of women. Both of these issues interfere with the attempt of African countries to rearticulate property law with the goal of capital formation. Constructive attempts to define property rights must address the problem of enforcement in under-resourced environments where changes may not be welcomed. (c) 2008 Elsevier Ltd. All rights reserved.
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