Private property rights are the basis of individual freedom and economic security. Without private property rights there is no incentive to work or produce more and earn more. When there is control over private property by other people or the state, the ability to create wealth declines which thereby leads to low national income and poverty. There are many examples how lack of property rights lead to less development. One of the examples is its relation with nation's per capita income.
The figure indicates the relation between ‘property right index’ and per capita income of the country. The upward graph shows countries having higher international property right index have higher per capita income (PPP term). This is a lesson to the countries like Nepal
Sources:
World Economic Outlook Database-September 2011, International Monetary Fund.
1 comment:
म एडम्स KEVIN, Aiico बीमा plc को एक प्रतिनिधि, हामी भरोसा र एक ऋण बाहिर दिन मा व्यक्तिगत मतभेद आदर। हामी ऋण चासो दर को 2% प्रदान गर्नेछ। तपाईं यस व्यवसाय मा चासो हो भने अब आफ्नो ऋण कागजातहरू ठीक जारी हस्तांतरण ई-मेल (adams.credi@gmail.com) गरेर हामीलाई सम्पर्क। Plc.you पनि इमेल गरेर हामीलाई सम्पर्क गर्न सक्नुहुन्छ तपाईं aiico बीमा गर्न धेरै स्वागत छ भने व्यापार वा स्कूल स्थापित गर्न एक ऋण आवश्यकता हो (aiicco_insuranceplc@yahoo.com) हामी सन्तुलन स्थानान्तरण अनुरोध गर्न सक्छौं पहिलो हप्ता।
व्यक्तिगत व्यवसायका लागि ऋण चाहिन्छ? तपाईं आफ्नो इमेल संपर्क भने उपरोक्त तुरुन्तै आफ्नो ऋण स्थानान्तरण प्रक्रिया गर्न
ठीक।
Post a Comment