How Efficiently is Capital Created?
Evidence from Property Registration Reform in Egypt

Many developed countries, and countries on their way toward development, have simple, inexpensive, and fast property registration processes. The benefit of such a tool is driven by this thinking: low property registration fees encourage every property holder to receive a formal title. The poor especially will benefit, because they can use their property as collateral, start doing business, and achieve some of their dreams. The paper talks about the property registration reform in Egypt that focused on two areas: the cost and quality of procedures.

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