How do governments create – or in some countries recreate - basic property rights that citizens demand in the transition to a market economy? My first comment, quite briefly, is on the debate within this Symposium on the relationship between constitutional reforms and the emergence of new property regimes. Second, I will comment on the counterintuitive property rights regime that is emerging from the "big bang" – the post-1989 collapse of the old socialist legal order in Central and Eastern Europe and the former Soviet Union and its replacement with a new, market-oriented system of property rights.
Law | Property Law and Real Estate
Michael A. Heller,
Property Rights: A View from the Trenches,
Yale J. Int'l L.
Available at: https://scholarship.law.columbia.edu/faculty_scholarship/3677