n Latin American Report - Land tenure regularization in Latin America : a critical assessment of de Soto's The mystery of capital : research article
|Article Title||Land tenure regularization in Latin America : a critical assessment of de Soto's The mystery of capital : research article|
|© Publisher:||UNISA Press|
|Journal||Latin American Report|
|Publication Date||Jan 2002|
|Pages||24 - 29|
This article discusses critically the main assumptions of Hernando de Soto's internationally influential book <i>The mystery of capital</i> namely that access to services, credit and finance by people living in informal settlements can only be obtained if their security of tenure is recognized, which in its turn is to be attained through the distribution of individual freehold titles. The author, drawing from the findings of several research projects in Latin America as well as on his own work, argues that, while perceived or actual security of tenure depends on a broad set of politico-institutional and socio-economic factors, there is a diversity of legal options other than traditional individual freehold titles which should be considered by policy makers in charge of formulating urban land regularization programmes, especially in that they may be more effective for the long-claimed promotion of sociospatial integration of informal areas and their dwellers.
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