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Teaching Economics

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Property Rights and Economic Development

Graham Watson

1st September 2017

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In economics, property rights are vital in allowing for the efficient allocation of resources. This clip shows how 'property rights' can be extended to include an individual's identity, and how the fact that 1.1 billion people lack that official identity.

As a consequence, there are unable to access services receive benefits - however, this is being tackled via the World Bank Group’s Identification for Development Program.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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