Since the industrial revolution, the economic development of Western Europe and North America was characterized by continuous urbanization accompanied by a gradual phasing-in of urban land property rights over time. Today, however, the evidence in many fast urbanizing low-income countries points towards a different trend of “urbanization without formalization”, with potentially adverse effects on long-term economic growth. This paper aims to understand...
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详细
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2015/11/10
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政策研究报告
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WPS7486
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1
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1
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2015/11/10
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Disclosed
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Urbanization and property rights
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property right