Examines international evidence on the relationship between asset ownership and growth and the impact of redistributive land reform, plus evidence of the impact of land reform in Zimbabwe. Asks why it appears that resettled farmers are among the poorest in the population. Concludes that asset redistribution can be a viable strategy to enhance growth, that the performance of resettled farmers in Zimbabwe is better than is conventionally believed, and that if a land reform programme is well designed, it can have a large impact on equity as well as productivity.