3 ms·
Property rights play a big part here. Why work to improve something when there is not much guarantee it will be yours once improved? Many areas of the world wh
by Shivetya 12y ago
Property rights play a big part here. Why work to improve something when there is not much guarantee it will be yours once improved?
Many areas of the world where yields are low suffer not only form lack of money and technology but property rights are likely as significant.
- thenipper 12y agoProperty rights are key. One stat I read (that I can't remember where) said that about 70% of the people in the world don't have a formal title to the land they live on. A buddy of mine actually has a start-up that focuses on that called Suyo: http://suyo.co/ http://suyo.co/