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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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CIPE institutes the ‘Hernando de Soto for Democracy’ AwardThe Center for International Private Enterprise (CIPE), the global branch of the US Chamber of Commerce, has created the “Hernando de Soto for Democracy” Award, which will be presented annually to a CIPE partner who has followed De Soto’s path franchising entrepreneurs in the informal sectors of developing countries.

The 2009 prize was presented to De Soto himself for his contributions to democratic and market reform in Peru.  The presentation was made by two of the most respected foreign policy experts in the US Congress: Senator Richard Lugar, the senior Republican in the US Senate and the minority leader of the Senate Committee on Foreign Relations, and Congressman Connie Mack, the ranking member  of the House Sub-Committee on the Western Hemisphere.

A letter of congratulations to De Soto was also read from former US Secretary of State in the Clinton Administration, Madeleine Albright, who was attending a  NATO meeting in Bratislava.

The CIPE Development Blog

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