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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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The TelegraphProperty rights for aid: this could be the most effective anti-poverty strategy in history

04 Jul 2013 - To watch events in Egypt is like seeing a videotape of the Arab Spring being played backwards. The ballot box has been kicked away, the constitution torn up, the military has announced the name of a puppet president – and crowds assemble in Tahrir Square to go wild with joy. The Saudi Arabian monarchy, which was so nervous two years ago, has telegrammed its congratulations to Cairo’s generals. To the delight of autocrats everywhere, Egypt’s brief experiment with democracy seems to have ended in embarrassing failure.

Normally, Western leaders would be lining up to deplore a coup d’etat, but yesterday even William Hague seemed lost for words. As a rule of thumb, he says, Britain prefers civilian rule. But when asked to condemn the Cairo coup, he declined. The Arab world’s Twitter accounts, once full of revolutionary optimism, have turned into a depository of despair. “Egypt has taught me that democracy is a lie and an elected president is a myth,” wrote Ahmed al-Husseini, a Sunni preacher from Bahrain. “No parliament, no elections, no ballot boxes. All lies.”

To read the complete article, please visit The Telegraph

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