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.

FORBES: Unhealthy

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.

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It guaranteed basic freedoms and property rights to "free men".

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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.

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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.

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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.

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Moreover, illiteracy also limits women's ability to claim their basic rights including access to social services and property.

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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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