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Submitted by ziade H on
Mr Green's book on the need for active citizens and effective states is inneed a timely call to end poverty. But his criticisim of the need for secure propery rights as a tool to fight poverty is our of place. He asserts that the claim that distributing formal land titles will open the floodgates to credit has proved false.Commercial banks do not like lending to poor people, and poor people are often reluctant to risk putting up their precious new titles as collateral. These assertions themselves are pretty weak. He fails to admit that formalization will have an impact on the life of the poor people. It seems to me that the writer is not happy that DE soto is getting all the attention. Well, Mr Green may like or hate Mr De soto but it is established that the need to empower the poor through their property rights can't be ignored.