Property rights and the mystery of capital: A review of de Soto’s simplistic solution to development

Goldfinch, Shaun

doi:10.1177/1464993414546971

Cited by 11 publications

(7 citation statements)

References 49 publications

(68 reference statements)

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“…Therefore, to alleviate poverty, improve shelter, and boost resilience, innovative and strong pro-poor approaches are imperative. Urbanization fuels a society's economic growth and progress (Glaeser, 2012). As poor countries move up the development trajectory, urbanization, inevitably, also exacerbates poverty (Martine et al, 2008), proliferating slums and squatter settlements and hampering equitable access to adequate shelter for all (Davis, 2007).…”

Section: Theory / Research Methodsmentioning

confidence: 99%

“…Cities are firmly the main engines of growth and prosperity-Asia's 42 percent urban part generates 80 percent of its economic output (Dahiya, 2012). These statistics are no pyrrhic 'triumph' for urbanization apologists (Glaeser, 2012), who recommend even more urbanization and urban density. Yet, the increasing urbanization of poverty and urban inequality outpacing urbanization are disconcerting (Mathur, 2013) for they exacerbate urban spatial inequity and shelter deprivation (Davis, 2007).…”

Section: Introductionmentioning

confidence: 99%

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Development and Shelter Challenges of Small Islands: Planning With a Pro-Poor Perspective

Das

2018

JOA&E

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This paper explores why and how small island developing states (SIDS) in the Asia-Pacific region should adopt pro-poor policies to overcome development related affordable housing challenges. It first outlines SIDS' common development challenges-small size, remoteness, greater exposure to economic and environmental shocks, and brisk urbanization. In a globalized world, SIDS' developmental and geographic constraints make providing equitable shelter harder. Developing Asia's rapid urban growth and simultaneously widening urban inequality offer hope and sound caution alike for SIDS, whose potential and propensity to attract global investment are unique. Tourism-based economic development is poised to accelerate the private sector's influence on SIDS' land and housing markets. This paper presents the cities of Honolulu (USA), Surabaya (Indonesia), and Dili (Timor Leste) as cases that exemplify, respectively, the advanced, intermediate, and early stages of a possible development continuum for SIDS. Utilizing secondary literature, primary qualitative field-research, news media sources, and observations, it demonstrates that despite common developmental challenges SIDS' diverse governance models and institutional capacities preclude definitive solutions. Instead, it argues for tailored yet flexible policy responses informed by multiple pro-poor principles-inclusivity, affordability, alternative forms of tenure security, and innovative design and construction. Sensitive, contextappropriate adaptation of innovative policy tools that have proven effective in fraught contexts elsewhere (especially, transfer of development rights, inclusionary housing, land pooling/sharing, participatory slum upgrading, and community benefits agreements) can guide SIDS to expand pro-poor shelter provision.

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Section: Theory / Research Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Development and Shelter Challenges of Small Islands: Planning With a Pro-Poor Perspective

Das

2018

JOA&E

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“…Although not without critique, De Soto's argument renewed the push for the formalization of land rights in many countries at the beginning of the 21st century. In response to these calls, many countries with emerging land registers have increased the tempo of land rights recording since the early 2000s [3].…”

Section: Introduction and Approachmentioning

confidence: 99%

Evaluating Some Major Assumptions in Land Registration: Insights from Ghana’s Context of Land Tenure and Registration

Abubakari

Richter

Zevenbergen

2020

Land

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A discussion of the assumptions that underlie efforts to register land enables us to not only evaluate their validity across different contexts, but most importantly, to further understand how the low incidences of land registration might derive from very fundamental sources outside of differences in technology and approaches of recording. Building on existing literature and previous research in Ghana, this study has identified and evaluated three such assumptions, namely, land rights registration is desirable, all land rights are registrable, and access to the registration system is an administrative event. We analyzed each assumption in order to find out how they manifest in conventional approaches as well as what they imply for emerging fit-for-purpose (FFP) approaches. In the context of Ghana, we find that (a) there are variations in desirability across space (urban vs. rural) and among landholders; (b) many land rights are registrable, but not all, unless we accept a loss in meaning; and (c) access to the registration system can be an administrative event between surveyor/surveyed, but it is often a process of connecting multiple actors and practices. We conclude that close attention needs to be paid to scenarios where these fundamental assumptions fall short, in order to finetune them and redirect associated implementation strategies.

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“…Title, indeed, is the secure form of land tenure for getting access loan from formal credit. In this regard, de Soto's thesis gains numerous critiques since it lacks empirical evidence (Goldfinch, 2015). The issue is whether or not the urban poor are able to pay back the credit, even including the interest rate.…”

Section: Improve Access To Formal Creditmentioning

confidence: 99%

“…The issue of bad debt has been a concern for several scholars (e.g. Goldfinch, 2015 andPayne, 2001b) where the communities may get involved in it even lose their assets, if they get credit from the formal institution. In this case, Jakarta local government has implemented micro credit program in such a flexible mechanism so it lessens the burden on the urban poor as suggested by Payne (2009) and Gilbert (2002).…”

Section: Access To Creditmentioning

confidence: 99%

Analysing land tenure security of urban Kampung in Jakarta

Supriatna¹

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The growth of the world's urban population requires the attention of urban planners and policymakers, particularly as it is mainly happening in the global south and is associated with the continued growth of slums. Many countries struggle to improve living conditions in slums. The most common approach to improving slums worldwide has changed from non-recognition to recognition, including formalization. Numerous attempts to formalise slums have included land titling since it is assumed that titling may give adequate tenure security, and thereby protect the urban poor against forced eviction and the resultant economic effects (de Soto, 2000). Yet, this claim has been

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Property rights and the mystery of capital: A review of de Soto’s simplistic solution to development

Cited by 11 publications

References 49 publications

Development and Shelter Challenges of Small Islands: Planning With a Pro-Poor Perspective

Development and Shelter Challenges of Small Islands: Planning With a Pro-Poor Perspective

Evaluating Some Major Assumptions in Land Registration: Insights from Ghana’s Context of Land Tenure and Registration

Analysing land tenure security of urban Kampung in Jakarta

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