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Institutional Arrangements for Investment in Common Property Resources: Examples from India

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Type: Conference Paper
Author: Stewart, William
Conference: Designing Sustainability on the Commons, the First Biennial Conference of the International Association for the Study of Common Property
Location: Durham, NC
Conf. Date: September 27-30, 1990
Date: 1990
URI: https://hdl.handle.net/10535/1663
Sector: General & Multiple Resources
Land Tenure & Use
Region: Middle East & South Asia
Subject(s): IASC
institutional economics
common pool resources--economics
Abstract: "Nearly half of India's productive land is under some combination of open access, state or common property resource regimes. Many of these resources are degraded and require controls on use or new investment to maintain productivity. Historically, local institutions managed these resources with a hierarchy of protection, use regulation, and development rules. A comparative study of eight different common property resource regimes illustrates some of the major determinants for more 'successful' approaches. Under low levels of external involvement, the evidence suggests that relatively autonomous village institutions are the most effective approach. If higher levels of external involvement are required for capital investment or over-riding social goals, more sophisticated institutions are required."

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