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  • La historia de cómo Perú derrotó al terrorismo

    La historia de cómo Perú derrotó al terrorismo

    Como se menciona en el último artículo de Hernando de Soto, La Disyuntiva Colombiana: Los Terroristas o Sus Ciudadanos, aquí está la historia  de cómo el Perú venció al terrorismo. Descargar PDF. Read More
  • The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The Global Award for Entrepreneurship Research is the most prominent international award in entrepreneurship research with a price sum of EUR 100,000. De Soto’s analyses have had tremendous influence on policy throughout the world and were a main source of inspiration for the World Bank’s Doing Business program. Read More
  • 2017 Award Winner

    Hernando de Soto Peru  Institute for Liberty and Democracy For developing a new understanding of the institutions that underpin the informal economy as well as the role of property rights and entrepreneurship in converting the informal economy into the formal sector.   Read More
  • Undogmatic thinking

    Q&A with economist Hernando de Soto Polar It is not every day that a world-renowned economist touches down on Lebanese soil,but it should not surprise that such a formidable economist could deliver a presentation less than 24 hours after arriving in Beirut for the first time in his life. It might be expected that he would start with an exercise in affinity, by saying nice Read More
  • "The world’s most important living economist”

    Former US President Bill Clinton has described Hernando de Soto as “the world’s most important living economist.” Mr. de Soto visited Sweden in May 2017 to receive the Global Award for Entrepreneurship Research. In this pod he takes the listeners into the world where he grew up and tells us why he returned to Peru to start his today renowned think tank the Institute for Read More
  • Un Año Nuevo sin conflictos sociales

    Hernando de Soto se reunió con 2,000 dirigentes de los Comités de Autodefensa (CADs) del Perú en Huanta-Ayacucho durante la tercera semana de diciembre. El economista sostuvo que, mientras el terrorismo tiñe de sangre al mundo, en nuestro país vivimos en paz gracias a los CADs, quienes fueron los verdaderos artífices de la derrota del terrorismo en el Perú. De Soto sostuvo que una gran solución a la problemática Read More
  • First Ever Global Blockchain Business Council (GBBC) Launching in Davos

    Formed by The Bitfury Group in collaboration with Covington - Major Launch Event Will Bring Together Global Leaders and Innovators: SAN FRANCISCO, CA – January 4, 2017 – The Bitfury Group, the leading global full-service Blockchain technology company, announced today that in collaboration with international lawfirm Covington, it is launching the first ever Global Blockchain Business Council (GBBC) around the World Economic Forum 2017 Annual Meeting Read More
  • Georgia to Store Real Estate Documents in Blockchain System with Bitfury Group and Hernando de Soto

    The country of Georgia will introduce Blockchain technology in 2017 to enable citizens store and receive real estate extracts according to a report in Caucasus Business Week. Minister of Justice Tea Tsulukiani told the Business Contract. Read More
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The ILD

The Institute for Liberty and Democracy (ILD), led by Peruvian economist Hernando de Soto, works with developing countries to implement property and business rights reforms that provide the legal tools and institutions required for citizens to participate in the formal national and global economy. ILD works toward a world in which all people have equal access to secure rights to their real property and business assets in order to pull themselves—and their countries—out of poverty.

Between 1990 and 2013, Peru's economy grew twice as fast as the rest of Latin America’s economies —with its middle class growing four times faster. Peru also won the only victory in the West over a terrorist movement since the fall of communism that did not involve the intervention of foreign troops.

For the sake of clarity, these dramatic events of how Peru converted the biggest political and economic crisis in its history into a success story is described in two separate info-graphics:

 

Info-graphic 1 describes the international strategy that contributed significantly to the defeat of a homegrown, radical terrorist movement called Sendero Luminoso (Sendero) and which the US State Department described as the most violent and threatening insurgency since the Khmer Rouge in Cambodia.

Info-graphic 2 describes the history and the strategy to break the back of resistance to a market economy in Peru, kick-start economic growth, include the informal economy in the process, and re-insert the country into the global financial system, and thus free up its economic potential.

The following narrative is intended as a "roadmap" to the two info-graphics —particularly to non-Peruvian readers. The purpose of this narrative is to show that the info-graphics are really two sides of the same coin: the war became the principal argument to break the inertia of the status quo and accelerate inclusion, while the economic reform program was a civilized alternative to political extremism addressed to those who wanted change without violence and thus a maneuver to defeat Sendero.

These two info-graphs summarize ILD’s contribution to growth and victory. There were other strategies regarding both the war and the economic reforms that followed and thousands of heroes and martyrs that until today remain unmentioned. This narrative recognizes all of them, but emphasizes the role of the farmers and the urban informal economy, which are the most unrecognized contributions.

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P.O. Box 18-1420  
(511) 222-5566