Journal Special Issue
WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
A property rights regime covers rights to use, lease, donate, bequest, and sell assets or collect the incomes generated by assets. A clear and transparent property rights regime facilitates investment and economic growth. While private property is considered by many to be the most superior type of regime, this is not always the case, especially when important markets (such as credit and insurance) are imperfect or missing and when key institutions (regulation, accountancy standards etc.) are underdeveloped. This project will evaluate alternative property rights regimes at different development stages.