 Security of Property Rights for Whom?Terra Lawson-Remer Oxford Development Studies, 2014, vol. 42, issue 3, 319-342 Abstract: Property insecurity of non-elites can be compatible with or even enhance economic growth, but it also encourages conflict-which can undermine long-term growth and economic development. Using a new set of indicators which measure the property insecurity of marginalized ethno-cultural minority groups, this article demonstrates that the severity of property insecurity for the worst-off group in a country is strongly associated with the onset of armed conflict, and-once civil war is controlled for-property insecurity for marginalized minorities corresponds with higher growth rates. Economic growth can occur when the property rights of elites are secure but marginalized minorities face a high risk of expropriation, as land may be reallocated into the hands of investors with skills and access to capital. However, the potentially growth-enhancing effect of forced displacement and resettlement is reduced, because the property insecurity of minorities also increases the likelihood of armed conflict. Date: 2014 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:oxdevs:v:42:y:2014:i:3:p:319-342 Ordering information: This journal article can be ordered from DOI: 10.1080/13600818.2013.878327 Access Statistics for this article Oxford Development Studies is currently edited by Jo Boyce and Frances Stewart More articles in Oxford Development Studies from Taylor & Francis Journals |
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