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The arguments that property rights and taxation positively affect development are well established in separate … literatures, but the link between property rights and taxation is understudied. To address this gap, we theorize that …
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One of Islam's five canonical pillars is a predictable, fixed, and mildly progressive tax system called zakat. It was meant to finance various causes typical of a pre-modern government. Implicit in the entire transfer system was personal property rights as well as constraints on government—two...
Persistent link: https://www.econbiz.de/10012125609
labour) to achieve two goals. First, like other distortions such as taxation, limited property rights reduce peasants' income … from their own plots, generating a cheap labour force. Second, and unlike taxation, they force peasants to remain in the …
Persistent link: https://www.econbiz.de/10010880418
Worldwide protests against the perceived lack of economic opportunity and failure of governance have refocused attention on the need for inclusive growth and strong institutions. In developing countries, large informal economies limit state capacity to deliver governance and strong institutions,...
Persistent link: https://www.econbiz.de/10009654165
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welfare states have experienced faster, bigger and more consistent increases in these areas, compared to the smaller European … and the so called liberal welfare states. The market economy and globalization hence do not pose threats to these welfare … decreases the economic freedom index by definition, but the welfare states compensate in other areas, such as legal structure …
Persistent link: https://www.econbiz.de/10005419157
Rural areas often have more than one regime of property rights and production. Large, private-property farms owned by powerful landowners coexist with subsistence peasants who farm small plots with limited property rights. At the same time, there is broad consensus that individual,...
Persistent link: https://www.econbiz.de/10010679306
The Commission of Inquiry into Land Tenures has proposed that the Crown should displace much of the private sector's role in land development, and that the Crown should reap many of the gains from changes in land use. If implemented, these proposals would create an administrative bureaucracy,...
Persistent link: https://www.econbiz.de/10010769458