The article explores how property rights impact a country's economic success. It delves into different types of property rights—private, state, communal, and mixed ownership—and their effects on development. The researchers discuss how property rights are shaped by culture, religion, and law, and how they influence economic performance globally. They study how property rights have evolved in Eastern Europe and their role in economic reforms. The findings show that the way property is owned can affect how resources are used and a country's overall economic progress.