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A renowned economist argues for the importance of property rights in "the most intelligent book yet written about the current challenge of establishing capitalism in the developing world" (Economist) "The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
Study with special reference to Delhi.
An important contribution to the relatively recent body of literature concerned with the `Brown Agenda'. Focusing on environment and housing, it also considers complex interactions between people and their surroundings which geographers and others involved in development issues have been researching for a number of years. Outlines new environmental problems of urban areas in the Third World.
Poverty and governance are both issues high on the agenda of international agencies and governments in the South. With urban areas accounting for a steadily growing share of the world's poor people, an international team of researchers focused their attention on the hitherto little-studied relationship between urban governance and urban poverty. In their timely and in-depth examination of ten cities in Africa, Asia and Latin America, they demonstrate that in many countries the global trends towards decentralization and democratization offer new opportunities for the poor to have an influence on the decisions that affect them. They also show how that influence depends on the nature of those democratic arrangements and decision-making processes at the local level, as well as on the ability of the poor to organize. The study involved interviews with key actors within and outside city governments, discussions with poverty groups, community organizations and non-governmental organizations (NGOs), as well as analyses of data on poverty, services and finance. This book presents insights, conclusions and practical examples that are of relevance for other cities. It outlines policy implications for national and local governments, NGOs and donor agencies, and highlights ways in which poor people can use their voice to influence the various institutions of city governance.
The global increase in the number of slums calls for policies which improve the conditions of the urban poor, sustainably. This volume provides an extensive overview of current housing policies in Asia, Africa and Latin America and presents the facts and trends of recent housing policies. The chapters provide ideas and tools for pro-poor interventions with respect to the provision of land for housing, building materials, labour, participation and finance. The book looks at the role of the various stakeholders involved in such interventions, including national and local governments, private sector organisations, NGOs and Community-based Organisations.
It took New York City (the world′s largest metropolis in 1950) nearly a century and a half to expand by eight million residents. Mexico City and Sao Paulo will match this growth in less than fifteen years. Asia′s mega-cities, too, are exploding in number and size. This kind of unprecedented growth is being echoed in the urban centers of developing nations around the globe. The essays in this volume address the wide array of problematic issues--as well as the opportunities and advantages--that are the natural outgrowth of such rapid urbanization. Third World Cities examines three sets of vital issues. Drawing on the experience and evidence of the past two decades, the book′s initial chapters assess theoretical frameworks upon which urban and migration policies are based. The authors of the middle section press for fresh approaches to the increasing demands placed on institutions and individuals in the largest cities of the developing world. The final chapters examine the complex demographic, social, and economic processes of urban growth. Students, professionals, and policymakers in development and urban studies, public administration, sociology, political science and comparative politics, geography, and ethnic studies will find Third World Cities to be a refreshing and innovative look at this growing concern. "Third World Cities offers a range of new ideas on the demographic, social spatial, and environmental changes that are `occurring so quickly that up-to-date evidence is elusive′ . . . Third World Cities is both thought-provoking and highly readable." -The Economic Times