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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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RPPMartes, 28 de Agosto 2012 - Economista consideró como una medida 'popular' que se paralicen los proyectos mineros en el país, en clara alusión a Conga.

El economista Hernando de Soto, director del Instituto Libertad y Democracia (ILD), afirmó que el proyecto minero Conga fue "mal manejado" por el Gobierno, pues no comprendió cuál es el problema de fondo.

“Del momento en que entra un Conga mal manejado, desde mi punto de vista por el Estado, y se dice bueno ya no va Conga, eso quiere decir, por un lado, que no han comprendido cuál es el problema, porque cuando no va Conga ya no van a ir una serie de otros proyectos, ahí no se queda”, señaló en RPP Noticias.

Business InquirerBy: Ronald U. Mendoza
Philippine Daily Inquirer | Monday, August 13th, 2012

Promoting inclusive growth is the cornerstone of P-Noy’s development plan. Here’s a simple way to summarize the over-all effort. The “growth” part of the strategy is linked to the effort to boost infrastructure, improve economic competitiveness and drum-up private sector investments (e.g., PPPs or Public-Private Partnerships). On the other hand, the “inclusiveness” part is linked to the effort to strengthen the country’s social protection system (e.g., the 4Ps or Pantawid Pamilyang Pilipino Program and PhilHealth), as well as ensure that the investments and economic activities are not just concentrated in urban areas (and in particular, Luzon and Manila) and involve industries where the bulk of the population could engage (e.g., agriculture and tourism). As noted by Secretary Arsi Balisacan of NEDA, PPPs need to be leveraged in the countryside to meet the infrastructure gaps there, too. Anticorruption efforts then underpin both the “growth” and “inclusiveness” strategies by helping to ensure that the public gets the most “bang for its buck” on both these fronts.

El Mercurio"Humala tiene una excelente oportunidad de ser la persona que llevó al Perú rural a la modernidad"

El destacado consultor internacional analiza el estallido de protestas mineras en el país, y advierte sobre el peligro de no atender sus causas económicas profundas: "Lo que necesitan los grupos extremistas es conflicto".

hernando de soto interviewed by beto ortiz 2012_07_2727/07/2012 - El economista y presidente del ILD Hernando de Soto estuvo en nuestros estudios para tratar sobre los 3.6 de millones de pobres invisibles para el Estado, los conflictos en Espinar, y el tema de la propiedad de las tierras en Conga. "En el Perú estamos viviendo en la zona rural, lo mismo que se vivió con sendero en los 90", comparó De Soto la situación actual en Cajamarca con el pasado en nuestro país. Ante los problemas que vive el estado, sostuvo que "titular es lo primero que hay que hacer para defender la tierra" y que "uno no existe si no está en el papel". Agregó que el presidente Humala y su señora están con el corazón en el lugar ideal pues sienten el problema en Cajamarca.


GestionMiércoles, 25 de julio del 2012 - El presidente del Instituto Libertad y Democracia opinó que la solución está en otorgarle títulos a los pobladores y permitir que negocien con las mineras. Actualmente –dijo–, las autoridades lo hacen desde un punto de vista político y no económico.

Hernando de Soto on Jaime de Althaus's program

24 July 2012 - Jaime de Althaus interviews Hernando de Soto on the new cabinet in Peru, but focuses more on  Hernando's views on conflicts in Peru and in other parts of the world.


(The interview is in Spanish)





Hernando de Soto on Panorama22 July 2012 - Roxana Cueva interviews Hernando de Soto on Panorama on President Ollanta as well as the role of property, or the lack thereof, in the violence in Conga and other mines.


(The interview is in Spanish)

El Comercio22 de julio del 2012 - El economista también afirmó que a Ollanta Humala “le ha tocado ser presidente en las mismas circunstancias que a Fujimori en los noventa”

El economista Hernando de Soto consideró que el presidente Ollanta Humala se ha manejado con “sensatez” durante el primer año de su Gobierno. “Hay una sensación de madurez desde mi punto de vista, la buena voluntad que siempre se le ha reconocido, la flexibilidad que es crucial para un político. Ha manejado los asuntos como ha podido”, dijo.

Hernando de Soto on Mira Quién Habla with Cecilia Valenzuela

3 July 2012 - Host of Mira Quién Habla, Cecilia Valenzuela, interviews Hernando de Soto on the Arab Spring. Part 1 and 2 below.

(The interview is in Spanish)

CNNBy Lauren E. Bohn and Tim Lister , CNN   |   June 29, 2012

(CNN) — Amid all the furor about the seemingly omnipotent military in Egypt, the disbanded Islamist-dominated parliament and the debate over whether the Muslim Brotherhood will ban beer and bikinis, it's tempting to mutter, "It's the economy, stupid."

In 18 months of upheaval, all Egypt's economic indicators have headed south.

Growth is a projected 1.5% this fiscal year, far too feeble to provide a young and rapidly growing population with jobs (80% of Egypt's population is under age 30). Unemployment, one of the engines of the revolution, is estimated to be as high as 25% among the young. Tourism revenues have fallen sharply, and foreign reserves have dwindled to $15 billion. According to the United Nations, some 40% of Egyptians live below the poverty line; 14 million people subsist on less than $1 a day. Institutions are chronically weak and corruption is endemic.

President-elect Mohamed Morsi has his hands full.

Many critics say the military has handed Morsi a neutered presidency doomed to fail. But economists who have dealt with the Muslim Brotherhood's economic team describe the team as pragmatic, well-prepared and favorable to the free market.

The Daily BeastWhy a win by the Muslim Brotherhood’s presidential candidate could be the best thing for Egypt’s economy.

7 June 2012 - As Egyptians prepare to vote in the upcoming final round of presidential balloting on June 16 and 17, pictures of yet more protests in Tahrir square are doing little to reassure foreign investors and other observers about the future of Egypt. Bond markets are betting that the Egyptian revolution will end in tears. They may yet be proved wrong.

The most recent round of protests began after what many Egyptians saw as an overly-lenient verdict in the trial of former President Hosni Mubarak. Although Mubarak was sentenced to life in prison for failing to protect the life of Egyptian citizens, none of his henchmen were found directly responsible for the deaths of some 900 protestors, nor was Mubarak found guilty of corruption.

Financial TimesBy Hernando de Soto

January 29, 2012 - The world economy is made up of many tiny parts that are useful only when we combine them into more complex wholes. The higher the value of these aggregations, the more economic growth. Humanity’s achievements – from the 120 ingredients of my clock to the countless financial deals and developments that produced the internet and flight navigation systems – all result from joining people and things to each other.

That’s why western capitalism has triumphed for the past 150 years: it gave us the best knowledge to explore economic combinations. Capitalism does not need to be re-thought or re-invented; it simply has to be re-discovered.

Foreign Policy

Want to work an economic miracle in Egypt? Hernando de Soto has some ideas.


In 2004, Peruvian economist Hernando de Soto and his think tank, the Institute for Liberty and Democracy, were asked to come up with ideas for revitalizing the Egyptian economy. In an interview with FP’s Christian Caryl, he argues that those ideas remain more topical than ever.

Foreign Policy: Not many economists have been targeted by terrorists. Why did the Peruvian insurgent group Shining Path put you and your colleagues on its hit list?

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