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Paperback The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876 1929 Book

ISBN: 0521603544

ISBN13: 9780521603546

The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876 1929

(Part of the Political Economy of Institutions and Decisions Series)

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Book Overview

This book addresses a puzzle in political economy: why is it that political instability does not necessarily translate into economic stagnation or collapse? In order to address this puzzle, it advances a theory about property rights systems in many less developed countries. In this theory, governments do not have to enforce property rights as a public good. Instead, they may enforce property rights selectively (as a private good), and share the resulting...

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