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Unformatted text preview: Lecture 5: Land reform and development Meaning of Land:- Territory with which a particular people identify o Causes war o this is my land o Territory where people gave their identity- Landscape valued for its natural resources (food, shelter, raw materials)- Crucial factor of production- Meanings of land have implications on why there is interest on particular land. o What is that makes them interested to land? Property and property regimes- Property as a benefit (or income) stream- Property right- a claim to a benefit stream- Four basic property regimes: 1. State property- Access for the public is held in trust by the state. Others must observe use or access rules determined by the state 2. Private property- an individual, household or company has a right to undertake socially acceptable uses 3. Common property- owners have the right to exclude non-members, and non- members have duty to abide by exclusion....
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- Fall '12