Property Rights- Africa Edition

The best part about using AI is being able to request information in various ways. In the process of thinking up the question, a new angle on the issue can open up further probing. Say you start with something you only know a bit about, like property rights in Africa. You might think it is all about wealth. If GDP is high, then laws must be in place for such things as the enforcement of property rights. And these two things seem connected to political stability.

So you ask. And this is what you get.

(Unfortunately, Ethiopia was cut off. Property rights are entirely controlled by the governement.)

Surprisingly, GDP does not appear to be connected to securing property rights. The legal enforcement column raises various issues: whether there is a process for recording ownership, whether there is a mechanism to resolve disputes, and finally, whether there is political power to take even with these two features in place.

Of course, the level of political control is of interest. But it’s hard not to believe that even in countries where the story is that the government controls all, informal institutions do not play out in everyday lives. Governments do not have the manpower or interest, I would think, to dictate who gets what dwelling when such and such happens. And directing who has a pecking order over whom. These societies more than likely barter in their own off-the-record way to say who gets what.

Yet uncertainty is costly for everyone.