Topic updates
Property Rights and Economic Development
1st September 2017
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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