Economics
Topics
Property Rights
Property rights confer legal control or ownership of a good. For markets to operate efficiently, property rights must be clearly defined and protected - perhaps through government legislation and regulation. Property rights are often considered vital for sustained economic growth and development: Why are property rights important for development? Rights to own land and to establish businesses are seen as crucial for wealth creation e.g. private plots to farm.Protection of property rights is a major barrier to corruption within government.Community ownership / husbandry of natural resources can help overcome threats to eco-systems.Laws on patents are important to secure investment in research industries.Common rules encourage trade & investment between countries by reducing trade friction costs.
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Barriers to Entry (Quizlet Revision Activity)
Quizzes & Activities
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What is the Tragedy of the Commons?
Student Videos
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Absence of property rights - a constraint on development
5th March 2017
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Economics of Deforestation
Student Videos
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Marine Protected Areas - A Big Success Story in Mexico
11th April 2018
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Digital ID and Basic Human Development
26th February 2018
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Rhino poaching, property rights and the economics of trading horns
15th November 2017
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Property Rights and Economic Development
1st September 2017
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Land grabs and deforestation in Cambodia
30th July 2015
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Externalities - A Toxic Disaster in Colorado
13th August 2015
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Pollution externalities - haze in Indonesia
12th October 2015