It is likely, though, that basic property ownership early on underpinned economic growth.
Additionally, the Iraqi government should secure legislation promoting basic property rights and pursue administrative reforms that make it easier for local entrepreneurs to start legal businesses.
It is not hard to see why banning the owner of a block of shares from distributing them as he sees fit contradicts basic property rights.
It guaranteed basic freedoms and property rights to "free men".
But it also seems pretty obvious to me that the basic concept of private property is a social construct rather than a government one.
In the first stage, you built a comparables spreadsheet and started populating it with basic information for each property, like square footage, base rent, notes, etc.
North, a Nobel Prize-winning economic historian, asserts in his book Structure and Change in Economic History that when most of mankind stopped being hunter-gatherers 10, 000 years ago and settled down to farm, there was a basic shift from common property rights to exclusive ones.
Basic rules of contract and property make all kind of exchanges in cyberspace more efficient.
After all, the social construct of private property is a basic one, and in the real world laws need to be precise and often complex.
"The successful resolution of this case is a critical step in our overall strategy of enforcing and monetizing our intellectual property, including Basic Haptics, and we're pleased to achieve a settlement that is consistent with our business model, which is largely based on per unit running royalties, " said Immersion CEO Victor Viegas.
ENGADGET: Google settles patent lawsuit from Immersion over Motorola use of haptic feedback
The poorest countries can hope to catch up if they establish the basic economic institutions (starting with property rights and the rule of law) and do lots of other things right.
Moreover, illiteracy also limits women's ability to claim their basic rights including access to social services and property.
Plan said it wanted policymakers to ensure universal birth registration for all children orphaned by or living with Aids, protection of inheritance and property rights for Aids orphans and basic access to health care.
Asked to support the valuations, ERA couldn't provide such basic appraisal data as number of rooms or nearby property sales used as comparables.
The basic argument is that laws must precede definitions of private property, and so any distributions of income, wealth, and property we have are fully government constructs.
Mr Salins says the members of the state legislature are well aware of all the basic arguments about the evil effects of price controls on the property market.
Current accounting rules allow retailers that sign certain long-term leases to omit the leased property from their balance sheets. (The basic rule is that omission is acceptable if the lease term is less than 75% of the useful life of the building.) But the Financial Accounting Standards Board may change that next year.
The code they espouse is a combination of Islamic puritanism and Pashtun custom, the basic tenets of which are honour, revenge and respect for private property.
One of the basic problems was that it was overrun with sheep, which had "bonsai'ed" the property's ancient wild birches.
Firms will build factories in difficult places if they have to, but they much prefer places where contracts can be enforced, property rights are secure, taxes are predictable, executives feel safe, and workers get basic social services from the state.
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