Research Paper on:
Global Property Rights and Power Shifts

Unformatted Sample Text from the Research Paper:
that property rights were associated with the sovereign state. Therefore, when we look at the international situation in the nineteenth century it is hardly surprising that international property rights are  enforced by Britain, the strongest colonial power of the time. However, this hegemony did not last long, and as the twentieth century neared, there was a loss of colonial power  and also the ability to enforce international property rights. This began to move towards the United Sated, and with the advent and political fallout from World War One, the United  States started to take on this position as the primary enforcer. However, this was a different world, and by the 1970s it was impossible for the United States to maintain  the same image or role. If we consider the events historically we can examine why Britain could maintain these in the ninetieth century, but the US fails in the twentieth  century. To look at this in detail there need to be a clarification of some assumptions regarding property rights that have lead to this situation. The development pf property  rights can be seen as a social development with the evolution of formal rules regarding access and use. Property rights may also be seen as a bundle of rights which  may be separable, for example the sub soil rights may be the property of the state, but others may have the right to live and work on the land. The  rights regarding property are not stagnant, but subject to change reflecting social conditions, such as conflicts and also the rights of property maybe given at various levels such as local  and national and as such there may be inherent conflict. One of the reasons that Colonial Britain was able maintain the ability to enforce property rights internationally was the