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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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ILD in the News

As I have shown elsewhere, the poor of the world are in possession of some $18 trillion of undocumented assets in real estate alone. But those assets will never attain their full value if they are not documented. As it stands, they cannot be used to raise capital. Nor can they be joined with other assets to create more complex and valuable holdings.

El Papa Francisco oficiará una misa, este 17 de febrero, en la frontera entre Estados Unidos y México, entre El Paso y Juárez. Seguramente aprovechará la oportunidad para exhortar a que se brinde apoyo a los pobres de México y a aquellos que han emigrado a Estados Unidos.

Dom, 14/02/2016 - El Intelectual peruano Hernando de Soto estará en nuestro país hasta el próximo miércoles; y viene invitado por el jefe de fracción de la Bancada de la Unidad en la Asamblea Nacional, Julio Borges, y el partido Primero Justicia. De Soto es uno de los economistas más importantes de la región y una autoridad continental en el área de la democratización de la propiedad.

In terms of the Church’s traditional teaching on serving and empowering the poor, Montanari concluded that facilitating access to private ownership, including its protection by the courts and rule of law, is a pivotal vehicle for uplifting impoverished nations. During the Vatican Radio interview he referenced a case study by Hernando De Soto which correlates Lima’s passage of more than 90 laws in the 1990s in favor of property rights.

By extending his compassion to those who lack property rights, Pope Francis has an opportunity to do very much for very many, writes Hernando de Soto. On February 17, Pope Francis is scheduled to celebrate Mass in Ciudad Juárez, Mexico, just south of the border with the US. He will surely take that opportunity to urge support for the poor in Mexico and for those who have migrated north.

LIMA – On February 17, Pope Francis is scheduled to celebrate Mass in Ciudad Juárez, Mexico, just south of the border with the United States. He will surely take that opportunity to urge support for the poor in Mexico and for those who have migrated north.

Another guest at Necker Island for the Branson shindig was Hernando De Soto, the economist and president of the Institute for Liberty and Democracy who Time Magazine described as one of the five leading Latin American innovators of the century.

Para que los mercados prosperen, y tal como sostuvo recientemente el economista peruano Hernando de Soto, los derechos a la propiedad privada deberán pasar a primer plano. No sólo son necesarios para el crecimiento económico, sino también para la estabilidad política a largo plazo en la región. Después de todo, el avasallamiento generalizado de los derechos de propiedad del ?hombre común? fue lo que contribuyó a impulsar la Primavera Árabe.

Han pasado 14 años desde que el presidente George W. Bush declaró una “guerra global contra el terrorismo”. Hoy, tras gastar 1,6 billones de dólares y matar a 101 cabecillas (desde Osama bin Laden hasta Jihadi John), Occidente sigue siendo tanto o más vulnerable a los extremistas, que pueden reclutar combatientes y golpear casi con total libertad cualquier capital occidental. Ahora otro presidente (el francés François Hollande) también declaró la guerra al terrorismo, como lo han hecho otros líderes europeos. ¿Estará la victoria más cerca? Yo tengo mis dudas.

But why not listen, instead, to what Hernando de Soto, the Peruvian economist author of The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, has to say. In this article in the Independent last year, de Soto questioned Piketty’s fundamental anti-capitalism premise.

The two super economists Thomas Piketty and Hernando de Soto both agree that the capitalist system is flawed. But where Piketty thinks there is too much capitalism, de Soto thinks there is too little, which is the fundamental reason why millions of migrants right now are banging on the doors of Europe, writes Nils Elmark.

How long will it take the West to remember that democratic capitalism requires strong property rights to set clear boundaries beyond which the state may not go? Like the entropic universe and all open spaces, the global market is a turbulent place with little respect for life. All living systems, whether natural or organised by man, originate and operate only in encapsulated spaces.

For markets to flourish, and as the Peruvian economist Hernando de Soto has recently argued, private property rights will need to move center stage. Not only are they necessary for economic growth, they are also necessary for long-term political stability in the region. It was, after all, the widespread trampling of the property rights of the “common man” that helped to fuel the Arab Spring.

Der "arabische Frühling" begann als Aufschrei gegen willkürliche Enteignung. Eigentumssicherheit für alle im Nahen Osten und gleichberechtigte Teilnahme am Weltmarkt würden den Terror besiegen helfen.

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