Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How One Country Digitized Land Titles and Unlocked Productivity
Imagine trillions of dollars in dead capital — property that can't be sold, leveraged, or improved because nobody officially owns it. This episode dives into the case of Honduras, which in 2024 launched a blockchain-based land registry that cut title registration from six months to under an hour. We explore how Hernando de Soto's theories on formal property rights finally got a real-world test, the numbers behind the productivity boost — including a 23 percent increase in property-related lending within the first year — and the hurdles of scaling this to the 70 percent of Honduran…
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