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Essay / Research Paper Abstract
This 5 page paper considers why and how Britain was able to be the primary enforcer of property rights during the nineteenth century and how the United States was unable to maintain that position by the 1970’s. The bibliography cites 2 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEproppw.rtf
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Unformatted sample text from the term paper:
that property rights were associated with the sovereign state. Therefore, when we look at the international situation in the nineteenth century it is hardly surprising that international property rights are
enforced by Britain, the strongest colonial power of the time. However, this hegemony did not last long, and as the twentieth century neared, there was a loss of colonial power
and also the ability to enforce international property rights. This began to move towards the United Sated, and with the advent and political fallout from World War One, the United
States started to take on this position as the primary enforcer. However, this was a different world, and by the 1970s it was impossible for the United States to maintain
the same image or role. If we consider the events historically we can examine why Britain could maintain these in the ninetieth century, but the US fails in the twentieth
century. To look at this in detail there need to be a clarification of some assumptions regarding property rights that have lead to this situation. The development pf property
rights can be seen as a social development with the evolution of formal rules regarding access and use. Property rights may also be seen as a bundle of rights which
may be separable, for example the sub soil rights may be the property of the state, but others may have the right to live and work on the land. The
rights regarding property are not stagnant, but subject to change reflecting social conditions, such as conflicts and also the rights of property maybe given at various levels such as local
and national and as such there may be inherent conflict. One of the reasons that Colonial Britain was able maintain the ability to enforce property rights internationally was the
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