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The Institute for Liberty and Democracy (ILD), led by Peruvian economist Hernando de Soto, 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. ILD works toward a world in which all people have equal access to secure rights to their real property and business assets in order to pull themselves—and their countries—out of poverty.

financial times_250November 8, 2011     |     By Hernando de Soto

A few weeks ago I met Salem, the younger brother of the brave Tunisian fruit vendor whose self-immolation triggered the Arab uprising. When I asked him what his brother in heaven would say if we asked what he hoped his sacrifice would bring to the Arab World, Salem did not hesitate: “That the poor also have the right to buy and sell.”

It is worth remembering these words as experts busily debate the challenges for the future of the Arab revolution as countries balance the quest for democracy, fidelity to Islam, with secularism and tribal power.

To read the complete article, please visit the Financial Times

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