#67 How Property Rights Are Key to Sustainable Economic Growth

Recording of an event CIPE recently co-hosted with the International Real Property Foundation on the topic The Role of Property Rights and Property Markets in Sustainable Urbanization and Economic Growth. Listen to experts discuss how property rights and the institutions that support them –ranging from appropriate regulation to transparent financial markets– are key to sustainable development. Robust private property markets promote social stability, strengthen democratic institutions, and promote economic growth. The Sustainable Development Goals (SDGs) call for equal rights, in particular by the poor and the vulnerable, to ownership and control over land and other forms of property. The SDGs also call for inclusive and sustainable urbanization, an imperative echoed at the recent United Nations Conference on Housing and Sustainable Urban Development (HABITAT III). Important progress has been made. Yet, billions of people around the world today still remain without access to secure property rights and the means to build sustainable settlements and economies. The event speakers explored these global reform priorities, and how to accelerate and measure progress. This event took place on the sidelines of the World Bank Conference on Land and Poverty.