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| Land rights : De Soto solution not for SA |
| Cousins, Ben and Donna Hornby |
| Renowned economist Hernando de Soto says he has found an answer to global poverty. Letts give poor people individual titles to land so they can access credit, loans, and investment, and transform it into live capital,, he once said. Powerful words by an expert whose ideas have been packaged and peddled all over the developing world by international development agencies. In South Africa, where land ownership is a controversial issue, the notion of providing individual title to land previously owned through customary or collective land rights has become fashionable in development circles. This approach, trumpeted by de Soto, is intended to capitalize the poor,, as in the West where every piece of land is documented as part of a vast legal process that endows owners with the potential to use it as collateral or capital. |
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