Description
This book is about property, informality and institutions relevant to both the developed and the developing world. The author introduces a new analytical tool, Reality Check Analysis, based on theory and practice, and offers a solution to the long-standing problem of informality and to the systematic frustration with the issue.
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Prosperity Unbound is a look at real estate and 'unreal estate', a problem that afflicts half the world's property owners, living and working outside the formal structures of society.Prosperity Unbound sheds light on a subject that has long been ignored or dismissed by traditional economists and offers practical guidance for policy makers, government officials, private investors and entrepreneurs who want to create or strengthen property markets and transform 'unreal estate' to real estate.
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