Polar Land Reform?

An interesting issue about land reform is the difference between communal and individual property rights.

In recent decades, most instances of land reform and land titling projects in the developing world have been driven by the belief that communal property rights do not provide the right incentive structure for the efficient use of land.

And yet, recent work in economics and political science by Elinor Ostrom has challenged this account. Her work shows that neither form of property rights can by itself secure the best outcomes in all situations.

It is often thoughts that concerns about communal vs individual property rights are a problem only for the developing world, as communal property rights are a sign of underdeveloped markets and institutions.

Think again

PS: Credits to 409!