In the United States we have laws that are enforced. They are revolutionary ~ and we think that's how things ought to be. The pope agrees. That doesn't mean we can count on him to endorse free markets.
The Pope is in favor of the social market. That is a market that is tempered by ethics and a concern for the welfare of all. The Church is both against communism and laissez-faire capitalism.
You’re the only person I know besides myself to point out the problem of Real Property Record Titles systems in the rest of the world. It was written up about 8 years ago, I think, in connection with the problem of fighting poverty in Egypt, a country where one might get a deed in the form of a bill-of-sale, but.........there’s no place to file it to perfect one’s property claim. However, I’d have thought that with South America and the natural follow-on from Spanish Law there would have been central registries for the recordation of deeds/mortgages, etc. And I’d have thought they’d have the infamous “Notarial” records systems. I know they do in Puerto Rico.
The issue in the Third World is that the oligarchies work to prevent "outsiders" from making money, by making successful business creation a monopoly of the "insiders".
Corruption plays an important role. If you are not an insider, you will have an endless stream of bureaucrats, regulators, and inspectors harassing you for bribes, which drains funds from a start-up, and hampers success. You can also forget about government contracts (or you may get the contract, but have difficulty getting paid).
Conversely, if you are a well-connected insider, the bureaucrats know better than to demand bribes, you are promptly paid, and you are likely to be successful even if you're not that bright.
The central objective of the oligarchy is preventing smart and energetic outsiders from rising. They don't want a middle-class to compete with them. They want a mass of poor people to supply them with servants and mistresses.