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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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2015

Bill Tai is a venture capitalist and a kite-surfing fanatic who combines the two whenever possible. In addition to being a partner at Charles River Ventures, he co-founded nonprofit MaiTai Global, a professional networking group that merges work, play and philanthropy.

 Peruvian economist Hernando de Soto opened the first Silk Road Forum on Thursday (October 15th, 2015), the event brought in around 800 attendees  from thirty countries to the Georgian capital Tbilisi in order to address the future of this large project. In his speech, De Soto emphasized the importance of  infrastructure in developing countries, specifically in regard to the Silk Road union from the XXI century that will link China with Europe.

El economista peruano Hernando de Soto abrió hoy el foro Ruta de la Seda, que congrega en la capital georgiana a unos 800 asistentes de una treintena de países para abordar el futuro de ese grandioso proyecto. En su intervención, De Soto destacó la importancia de las infraestructuras en el desarrollo de los países, precisamente el nexo de unión de la Ruta de la Seda del siglo XXI que enlazará China con Europa.

The ILD would like to send a big congratulations to Wided Bouchamaoui, founder of the Maghreb Council for Inclusive Entrepreneurship, who was  one of the four winners in Tunisia's National Dialogue Quartet for the 2015 Nobel Peace Prize. The award was granted to them based on their efforts  in Tunisia's peaceful democratic transition after the Arab Spring. The Council groups the most important business institutions in Algeria, Morocco,  Tunisia, Mauritania and Libya.

The first day of the Silk Road Forum featured addresses by distinguished keynote speakers, allowing business executives and policymakers to share their views, experiences and expertise on how to reestablish the historic Silk Road to reinvigorate trade with Asia.

 Over the past 14 years, The Economist's Innovation Awards program has recognized the work of the world's leading entrepreneurs, thinkers, creators,  scientists and innovators, including Steve Jobs, Mark Zuckerberg, Hernando de Soto and Elon Musk.

The Forum, held on October 15-16, aimed to establish a platform for an annual high level meeting where interested parties can get together and explore opportunities, align visions and enhance bilateral partnerships in four main areas of cooperation: transport, energy, trade and business-to-business contacts.

The truly pernicious aspect of poverty is how difficult it is to escape. We are well aware of how labourers use modest incomes to break out of the cycle of poverty by paying for their children’s higher education or buying a home. The Mohammed bin Rashid Al Maktoum Global Initiatives foundation has a similar but even more ambitious goal of using Dh1 billion to help 130 million people escape poverty and illness.

 Hernando de Soto was  the main speaker at a roundtable discussion hosted by The Atlantic and Omidyar Network on property rights in New York City on September 25th, 2015. The discussion focused on the importance of assets and property rights in determining how best to sustainably move  away from inequality within the growing global economy.

Much of this is due to an absence of basic property rights, as economist Hernando de Soto argues throughout his popular book, The Mystery of Capital. If the global poor don’t have the legal means or incentives to trade beyond families and small communities, so-called “globalization” will still leave plenty behind.

The Pope’s writings and interviews show that his teachings are within the Catholic social tradition, and that he supports business creativity, job creation, economic growth, and free markets. Like his predecessors, Pope Francis says that he does not propose a political ideology, or a sort of “unruly activism” or “irresponsible populism.”   

The defining battle of the 20th Century was the fight between communism and capitalism. In the end, capitalism triumphed, but in its wake, it created a small cabal of elites, and endless poverty.

As Europe continues to be flooded by refugees fleeing from war torn countries, such as Syria, Iraq and Afghanistan it has led to a frantic search for solutions. One solution recommended in a New York Times article this week, Who’s Responsible for the Refugees?, highlights the the work of Peruvian economist Hernando de Soto as holding a key to solving the crisis long term.

The Arab Spring was triggered by the self-immolation in the former French colony of Tunisia, in December 2010, of Mohamed Bouazizi.Bouazizi was not a labourer but a businessman since the age of 12, who very much wanted more capital (ras el mel in Arabic). A Eurocentric classification system blinded us to the fact that Bouazizi, in reality, was leading an Arab industrial revolution of sorts.

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