Hernando de Soto is a renowned Peruvian economist and author. He is the president of the Institute for Liberty and Democracy, a think tank based in Lima, Peru. De Soto is best known for his book The Mystery of Capital, in which he explores the relationship between property rights and economic development. His work has had a significant impact on policymakers and economists around the world, and he has received numerous awards for his contributions to the field of economics.
The Mystery of Capital by Hernando de Soto delves into the crucial role of property rights in economic development. Through extensive research and analysis, the book explores how the lack of formal property rights in many developing countries hinders their citizens from unlocking the true potential of their assets. De Soto offers insightful solutions to address this issue and argues that property rights are essential for creating inclusive and prosperous societies.
The Mystery of Capital by Hernando De Soto delves into the crucial role of property rights in economic development. Through extensive research and analysis, the book explores how the lack of formal property rights in developing countries hinders capital formation and entrepreneurship. De Soto presents thought-provoking ideas on how to unlock the “dead capital” and unleash the potential for prosperity in these regions.
Individuals seeking to understand the role of property rights in economic development
Entrepreneurs looking to navigate the challenges of starting a business in developing countries
Policymakers and government officials interested in promoting inclusive economic growth