Besley, Timothy; Ghatak, Maitreesh - 2009
reform concerning property rights.
Hence, we refer to the economic impact of such reforms as the de Soto
e�ect. We explore … property
rights improve. We discuss the implications for optimal policy and
the political economy of policy reform.
We thank … characterizeunderwhat conditions it is optimal toundertake property
rights reform. We show that this rests on a particular kind of second …