Development and Globalization

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The problem, he writes, is that this wealth is usually tied up in "dead capital" due to the legal and social customs in many developing countries (De Soto, 2003). For example, many people in Egypt, as in America, own their homes and attached properties. But there is a difference between the American and Egyptian conceptions of property.

  Development, Globalization, Dade, Egyptian, Development and globalization