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The Development Challenge You’re Overlooking: Seven Things You Need to Know About Land Rights
Approximately 72 percent of the world’s population – more than 4 billion people – live on property for which they do not hold formal rights. This presents obstacles to social cohesion, financial inclusion and economic growth – in fact, in many countries, landlessness is the best predictor of poverty. Yet the problem remains under-recognized in many global development discussions. Tim Rann, a partner at Mercy Corps’ Social Ventures team, lays out seven things you should know about the issue.
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