An Endogenous Theory of Property Rights
From a neo-liberal, neo-classical paradigm, secure, formal and private property rights are crucial to fostering sustained development. Institutions that fail to respond to shifting socio-economic opportunities are thus forced to make new arrangements. The enigma is posed by developments on the ground. Why would the removal of authoritarian institutions during the Arab Spring or Iraq War not increase market efficiency but rather cause the reverse, while China and India, despite persisting insecure, informal and common institutions, featured sustained growth? This collection posits that understanding these paradoxes requires a refocusing from form to function, detached from normative assumptions about institutional appearance. In so doing, three things are accomplished. First, starting from case studies on land, it is ascertained that the argument can be meaningfully extended to labour, capital and beyond. Second, the argument validates the Credibility Thesis that is, once institutions persist, they fulfil a function. Third, the collection studies development, broadly construed, by including the modes of production and beyond, the rural and urban, and the developed and developing. This is why it reviews property rights from China and India, to Turkey, Mexico and Malaysia, covering issues such as customary rights and privatization, mining and pastoralism, dam-building and irrigation, but also state-owned banks, trade unions and notaries.
This book was originally published as a special issue of The Journal of Peasant Studies.
Peter Ho is Full Professor at Tsinghua University, China, and Delft University of Technology, the Netherlands. He has published widely in the leading journals of development and planning (H-index: 29). Ho has worked extensively on the revision of Western theories of development. He was named Fellow in Chinas 1000 Talents Program; awarded the Kapp Prize by EAEPE, one of the largest heterodox economics associations; and was awarded the Consolidator Grant by the European Research Council.
Critical Agrarian Studies
Edited by
Saturnino M. Borras Jr., Institute of Social Studies, the Netherlands
Critical Agrarian Studies is the new accompanying book series to The Journal of Peasant Studies. It publishes selected special issues of the journal and, occasionally, books that offer major contributions in the field of critical agrarian studies. The book series builds on the long and rich history of the journal and its former accompanying book series, the Library of Peasant Studies (19732008), that had published several important monographs and special-issues-as-books.
For a full list of books in this series please visit:
www.routledge.com/Critical-Agrarian-Studies/book-series/CAG
Recent titles in this series include the following:
An Endogenous Theory of Property Rights
Edited by Peter Ho
Global Land Grabbing and Political Reactions from Below
Edited by Marc Edelman, Ruth Hall, by Saturnino M. Borras Jr, Ian Scoones and Wendy Wolford
Critical Perspectives in Rural Development Studies
Edited by Saturnino M. Borras Jr.
The Politics of Biofuels, Land and Agrarian Change
Edited by Saturnino M. Borras Jr., Philip McMichael and Ian Scoones
New Frontiers of Land Control
Edited by Nancy Lee Peluso and Christian Lund
Outcomes of Post-2000 Fast Track Land Reform in Zimbabwe
Edited by Lionel Cliffe, Jocelyn Alexander, Ben Cousins and Rudo Gaidzanwa
Green Grabbing: A New Appropriation of Nature
Edited by James Fairhead, Melissa Leach and Ian Scoones
The New Enclosures: Critical Perspectives on Corporate Land Deals
Edited by Ben White, Saturnino M. Borras Jr., Ruth Hall, Ian Scoones and Wendy Wolford
Rural Politics in Contemporary China
Edited by Emily T. Yeh, Kevin J. OBrien and Jingzhong Ye
An Endogenous Theory of Property Rights
Edited by
Peter Ho
First published 2018
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ISBN 13: 978-1-138-08114-7
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Publishers Note
The publisher accepts responsibility for any inconsistencies that may have arisen during the conversion of this book from journal articles to book chapters, namely the possible inclusion of journal terminology.
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Contents
Peter Ho
Peter Ho
Bin Md Saman Nor-Hisham and Peter Ho
Heng Zhao and Karlis Rokpelnis
Paavo Monkkonen
Juliette Levy
Satoshi Miyamura
Thomas Marois and Ali Rza Gngen
Peter P. Mollinga
The chapters in this book were originally published in The Journal of Peasant Studies, volume 43, issue 6 (November 2016). When citing this material, please use the original page numbering for each article, as follows:
An endogenous theory of property rights: opening the black box of institutions
Peter Ho
The Journal of Peasant Studies, volume 43, issue 6 (November 2016) pp. 11211144
Empty institutions, non-credibility and pastoralism: Chinas grazing ban, mining and ethnicity
Peter Ho
The Journal of Peasant Studies, volume 43, issue 6 (November 2016) pp. 11451176
A conditional trinity as no-go against non-credible development? Resettlement, customary rights and Malaysias Kelau Dam
Bin Md Saman Nor-Hisham and Peter Ho
The Journal of Peasant Studies, volume 43, issue 6 (November 2016) pp. 11771205
Local perceptions of grassland degradation in China: a socio-anthropological reading of endogenous knowledge and institutional credibility
Heng Zhao and Karlis Rokpelnis
The Journal of Peasant Studies, volume 43, issue 6 (November 2016) pp. 12061223
Are civil-law notaries rent-seeking monopolists or essential market intermediaries? Endogenous development of a property rights institution in Mexico
Paavo Monkkonen
