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  • The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    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

    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
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Clep Final Report3 June 2008, United Nations, NY -The Commission on Legal Empowerment of the Poor (CLEP) today launched its Final Report, “Making the Law Work for Everyone”, at the United Nations in New York.

The product of research, analysis, and consultations in more than 20 developing countries, the report argues that four billion people are effectively excluded from the Rule of Law, and thus deprived of a chance to lift themselves out of poverty.

Exclusion, the CLEP report observes, comes in myriad forms: lack of legal identity, limited access to courts, deprivation of political voice, unrecognized property rights. Yet everywhere its implications are the same: a large part of society is denied a chance to participate on equal terms, and in consequence economic development is stunted. What is needed, the report argues, is a process of systematic change whereby the poor and excluded will be assured easy access to basic legal rights and services, which will in turn allow them to secure and leverage their resources.

Three years ago, the Commission co-chairs, the economist Hernando de Soto and former U.S. Secretary of State Madeline Albright,, together with 21 commissioners including former heads of state and government, cabinet ministers, jurists, economic researchers, and other senior policymakers, set to work out just how such change should and could be effected. The result is a comprehensive agenda for “legal empowerment” encompassing four crucial pillars: access to justice and the rule of law, property rights, labor rights, and business rights.

The Commission’s legal-empowerment agenda will provide policy-makers, NGOs, civil society groups and other development practitioners in general with a fresh and singular look at the old question of how poverty should be tackled. As the British Prime Minister  Gordon Brown observed in his foreword to the report, if properly followed, the work of the Commission will have “a profound impact on progress towards achieving the Millennium Development Goals.”

Click here to visit the Commission’s website.
Click here to download the Commission’s Final Report.
(Available in English, Spanish, French, Arabic, Chinese, and Swahili)

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