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Fpic liquidating distribution

Although differences by country are extreme (varying from 0.1 to 86 per cent of country area) only 10 per cent of the continent's area is defined as private property by virtue of registered deeds of transfer or cadastral entitlement.

A fascinating feature of national constitutions is the minimal extent to which they define private property, while devoting much attention to stipulating the conditions in which state authority may deprive people of their property.

This has a still clearer impact in the challenge that rural customary tenure presents to the definition of property. These are also the regions where 2.5 to 3 billion rural dwellers hold lands through customary (ie community-based) property regimes, and whose lands constitute at least 50 per cent of the planet's land area, more than six billion hectares.

The case in Africa is particularly interesting, where customary landholders are likely to number more than one billion by 2050.

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This is to be expected, given the massive social and political transformation in this domain over the last century, a crude indicator of which is proliferation of new constitutions in these states as compared with advanced economies.

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