Working Paper No. 05-19:
Private Property, Development and Freedom: On Taking Our Own Advice
Date Posted: 2005
Abstract (below) | Full text (most recent) on SSRN
The author asserts that adherence to the rule of law, including property law, is a necessary condition to economic development and human freedom. United States governmental agencies and private institutes have attempted to convey this message to Russia, other states of the former Soviet Union, and former Soviet satellite states, with some success. Finally, and unfortunately, the United States has veered away from the very adherence to the rule of law respecting property which it espouses abroad.