|
Tangled Title (law)
Dead capital is an economic term related to property which is informally held, is not legally recognized, and cannot be exchanged for financial capital. The uncertainty of ownership decreases the value of the asset and/or the ability to lend or borrow against it. These lost forms of value are dead capital. The term ''dead capital'' was coined by Peruvian Economist Hernando de Soto Polar. De Soto estimated in 2015 that 5.3 billion of 7.3 billion people globally – over seventy percent of the world's population – hold dead capital that is worth US$ 9.3 trillion in assets. This dead capital owned by poor or middle-class people in emerging economies cannot be realized due to poor policies, ineffective procedures, or bureaucracy. If these assets in the informal sector were recognized and brought into the mainstream market economy, they could possibly become the key to fostering development. Economic impact The economic impacts of dead capital are immense; only well-connected people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PricewaterhouseCoopers
PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, along with Deloitte, EY, and KPMG. The PwC network is overseen by PricewaterhouseCoopers International Limited, an English private company limited by guarantee. PwC firms are in 140 countries, with 370,000 people. 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe, and 5% in Middle East and Africa. The company's global revenues were US$50.3 billion in FY 2022, of which $18.0 billion was generated by its Assurance practice, $11.6 billion by its Tax and Legal practice and $20.7 billion by its Advisory practice. The firm in its recent actual form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Will And Testament
A will and testament is a legal document that expresses a person's (testator) wishes as to how their property (estate (law), estate) is to be distributed after their death and as to which person (executor) is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance and intestacy. Though it has been thought a "will" historically applied only to real property, while "testament" applied only to personal property (thus giving rise to the popular title of the document as "last will and testament"), records show the terms have been used interchangeably. Thus, the word "will" validly applies to both personal and real property. A will may also create a testamentary Trust (property), trust that is effective only after the death of the testator. History Throughout most of the world, the disposition of a dead person's estate has been a matter of social custom. According to Plutarch, the written will was i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." The means of production is as a "... series of heterogeneous commodities, each having specific technical characteristics ..." "capital goods", are one of the three types of intermediate goods used in the production process, the other two being land and labour. The three are also known collectively as "primary factors of production". This classification originated during the classical economics period and has remained the dominant method for classification. Capital can be increased by the use of a production process (see production function and factors of production). Outputs of the production process are normally classif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute For Liberty And Democracy
The Institute for Liberty and Democracy (ILD) is a think tank based in Lima devoted to the promotion of property rights in developing countries. It was established in 1981 by Peruvian economist Hernando de Soto. The ILD works with developing countries to implement property and business rights reforms that provide the legal tools and institutions required for citizens to participate in the formal economy. Founding After working as an economist in Europe for the General Agreement on Tariffs and Trade, a precursor to the World Trade Organization, as well as president of the Committee of the Copper Exporting Countries Organization, CEO of Universal Engineering Corporation and a principal for Swiss Bank Corporation, Hernando de Soto returned to Peru in 1979. De Soto returned to Peru at the request of small Peruvian mining companies with gold placer claims, though when he went to the locations that investors were interested in, locals had already began to pan for gold in the area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western World
The Western world, also known as the West, primarily refers to various nations and state (polity), states in Western Europe, Northern America, and Australasia; with some debate as to whether those in Eastern Europe and Latin America also constitute the West. The Western world likewise is called the Occident () in contrast to the Eastern world known as the Orient (). Definitions of the "Western world" vary according to context and perspectives; the West is an evolving concept made up of cultural, political, and economic synergy among diverse groups of people, and not a rigid region with fixed borders and members. Some historians contend that a linear development of the West can be traced from Greco-Roman world, Ancient Greece and Rome, while others argue that such a projection constructs a false genealogy. A geographical concept of the West started to take shape in the 4th century CE when Constantine the Great, Constantine, the first Christian Roman emperor, divided the Roman Em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daniel Bromley
Daniel W. Bromley (born 1940) is an economist, the former Anderson-Bascom Professor of applied economics at the University of Wisconsin–Madison, and since 2009, Emeritus Professor. His research in institutional economics explains the foundations of property rights, natural resources and the environment; and economic development. He was the editor of the journal '' Land Economics'' from 1974 until 2018. Early life and education Bromley graduated from Utah State University in 1963 with a degree in Ecology. He then received an M.S. (1967) and PhD (1969) in natural resource economics from Oregon State University, where his major professor was Emery Castle. Career Bromley began working as a professor at the University of Wisconsin-Madison in 1969 and retired after 40 years. He served two terms as chair of the Department of Agricultural and Applied Economics in the University of Wisconsin–Madison College of Agricultural and Life Sciences. In 2014 he published ''Wisconsin Be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raquel Rolnik
Raquel Rolnik (born in 1956 in São Paulo) is a Brazilian architect and urban planner. Biography She earned her undergraduate degree at the University of São Paulo (USP) in 1978, followed by a Master's degree in Architecture and Urbanism from USP in 1981 and a PhD in History from New York University Graduate School of Arts and Science in 1995. She became a full professor at USP's Architecture and Urbanism College (FAU-USP) in 2015 and is currently head of the Design and Planning Department. From 1989 to 1992, Rolnik was the Director of Planning for the city of São Paulo during Luiza Erundina's mayoral term. She later served as the Secretary of Urban Programmes at the Ministry of Cities during President Luiz Inácio Lula da Silva's first term from 2003 to 2007. From 2008 to 2014, she was the UN Special Rapporteur on the Right to Adequate Housing. She is the author of the books "''Guerra dos lugares: a colonização da terra e da moradia na era das finanças''" (2015), ''� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Special Rapporteur
Special rapporteur (or independent expert) is the title given to independent human rights experts whose expertise is called upon by the United Nations (UN) to report or advise on human rights from a thematic or country-specific perspective. Depending on the specific mandate, there can also be working groups composed of an independent expert from each of the five UN regional groupings: Africa, Asia, Latin America and the Caribbean, Eastern Europe, and the Western group. Their work falls within the scope of "special procedure" mechanisms under the United Nations Human Rights Council, and their contributions can advance human rights through a variety of activities, including, but not limited to improving access to redress, policy reform, mainstreaming human rights, raising human rights awareness, and acting to prevent or cease rights violations. The mandate by the United Nations has been to "examine, monitor, advise, and publicly report" on human rights problems through "activit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Predatory Lending
Predatory lending refers to unethical practices conducted by lending organizations during a loan origination process that are unfair, deceptive, or fraudulent. While there are no internationally agreed legal definitions for predatory lending, a 2006 audit report from the office of inspector general of the US Federal Deposit Insurance Corporation (FDIC) broadly defines predatory lending as "imposing unfair and abusive loan terms on borrowers", though "unfair" and "abusive" were not specifically defined. Though there are laws against some of the specific practices commonly identified as predatory, various federal agencies use the phrase as a catch-all term for many specific illegal activities in the loan industry. Predatory lending should not be confused with predatory mortgage servicing which is mortgage practices described by critics as unfair, deceptive, or fraudulent practices during the loan or mortgage servicing process, post loan origination. One less contentious definition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heir Property
Heirs property, or heirs' property, refers to property that is passed between generations of family members without the involvement of local probate courts, without a will or formal estate strategy. Heir property is commonly viewed as an unstable form of ownership, since co-owners often have limited rights over the property. Background Heirs Property occurs when a deceased person's heirs or will beneficiaries become owners of property (also known as real property) as tenants in common. When a property is probated, a deceased person either has a will and the property is passed on to the named beneficiary, or a deceased person dies intestate, without a will, and the property could be split among multiple heirs who become cotenants. If the probate court enters an order of distribution, or if the estate administrator signs a deed, the ownership passes formally. Heirs property cases typically occur because a person dies without a will and the family members do not get the probate court ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: Tangible property, tangib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Forest Service
The United States Forest Service (USFS) is an agency within the United States Department of Agriculture, U.S. Department of Agriculture. It administers the nation's 154 United States National Forest, national forests and 20 United States National Grassland, national grasslands covering of land. The major divisions of the agency are the Chief's Office, National Forest System, State and Private Forestry, Business Operations, as well as Research and Development. The agency manages about 25% of federal lands and is the sole major national land management agency not part of the United States Department of the Interior, U.S. Department of the Interior (which manages the National Park Service, the U.S. Fish and Wildlife Service and the Bureau of Land Management). History In 1876, Congress formed the office of Special Agent in the Department of Agriculture to assess the quality and conditions of forests in the United States. Franklin B. Hough was appointed the head of the office. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
