Return to search

The importance of property rights in economic development

The purpose of this study was to discover a more effective method of administering
and securing property rights for land that is currently under the customary land
system, in order to encourage investment and improve the livelihood of the rural
communities. This study was restricted to rural land property rights through an
exploratory analysis based on nine interviews with experts who have an in-depth
understanding of the relationship between secure property rights and the distribution
and use of resources in rural communities.
The results confirmed the need for formal property rights to be instituted in rural
communities. The findings showed that a hybrid method that is not only designed to
try and identify a single process for all areas but also recognise the diversity in
suitability and competencies of different areas would be suitable for administering and
securing property rights. The method should yield stronger potential for success in
nurturing communal lands towards more productive economic endeavour.
The findings suggest that there are layers of overlapping concerns that need to be
specifically addressed in order to attain a comprehensive solution to communal land
ownership and economic development. However, to implement procedures for
allocation of land, government will need to play an instrumental role in not only
shaping investment attracting policy structures but also directly injecting capital
towards programs that private capital tends to avoid. / Dissertation (MBA)--University of Pretoria, 2014. / zkgibs2015 / Gordon Institute of Business Science (GIBS) / Unrestricted

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:up/oai:repository.up.ac.za:2263/44915
Date January 2014
CreatorsHolomisa, Fikile
ContributorsSaville, Adrian, ichelp@gibs.co.za
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeMini Dissertation
Rights© 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.

Page generated in 0.002 seconds