At AECR's Prague Conference 2016, distinguished centre-right figures met to analyse the migration crisis and its effects on Europe, consequences of the UK referendum, and current challenges to the transatlantic partnership.Hernando de Soto is the President of the Institute for Liberty and Democracy (ILD), one of the world’s most influential think tanks, and he works with developing countries to implement property and business rights reforms that provide the legal tools and institutions required for citizens to participate in the formal national and global economy.

Time magazine chose de Soto as one of the five leading Latin American innovators of the century in its special May 1999 issue “Leaders for the New Millennium,” and included him among the 100 most influential people in the world in 2004. De Soto was also listed as one of 15 innovators “who will reinvent your future,” according to Forbes magazine’s 85th anniversary edition. Former US President Bill Clinton described him as “the world’s most important living economist.”

You will find his full keynote speech below.