July 1st, 2009.- In the first of USAID’s 2009 Summer Seminars, ILD President Hernando de Soto spoke about how the ILD works in developing countries around the world to shed light on the extralegal mechanisms poor citizens resort to in order to prove and validate

ownership, and linked the financial crisis in developed markets to the struggle of countries such as Tanzania that wish to eradicate poverty. The challenge for both developed and developing markets, he argued, is about standardization. Original source.