Wednesday, 25 March 2009

Maitreesh Ghatak: ''Poor Man's Capitalism'' Financial Express 23 March 2009

Property rights are accepted as central to economic development. But in this article published in the Financial Express on 23 March 2009, Maitreesh Ghatak shows that property reforms alone cannot solve the problems of the poor who do not have any assets at all. He highlights the importance of financial sector reforms to make property rights effective, rather than nominal .

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