Hernando De Soto
Hernando De Soto
Have you ever heard about this man- one of the 100 most influential people in the world according to Times Magazine? The one who discovered the mystery of the capital? A brilliant economist who worked at the GATT (the former WTO)? This still doesn’t ring a bell to you? One more indicator, he is Peruvian!
The former governor of the central bank of Peru, the founder of the ILD (Institute for the Freedom and the Democracy), all these refer to Hernando De Soto. He has worked for more than 20 years to integrate the informal economy into the legal sphere. In the countries like Peru, an enourmous capital is lost, it can become very challenging for those willing to set up a company there: it can take a lot of time and requires a lot of money. Hernando De Soto works in order to reduce these obstacles, he fights against the poverty in developing countries.
His books:
“The Other Path: The economic answer to Terrorism”
“The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else”
Official website : Hernando De Soto
I appreciate, cause I found exactly what I was looking for. You’ve ended my four day long hunt! God Bless you man. Have a great day. Bye.
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