Benito Arruñada - Universitat Pompeu Fabra
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Not only elites are extractive—masses also are
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Property Rights, Titling and Regulation: An International Perspective

Arruñada, Benito (2009), “Property Rights, Titling and Regulation: An International Perspective,” Lincoln Institute of Land Policy, Cambridge MA, February 20.
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  Arruñada presented at the Lincoln Institute part of his new book Building Market Institutions: Property Rights, Business Formalization and Economic Development, to be published by University of Chicago Press, in which he develops a theory of formalization institutions, proposes an analytical framework to improve their design and regulation, and reviews common policy failures committed when they are introduced in the developing world.