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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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Foreign PolicyOne year on, a team of researchers uncovers the man behind the martyr and the economic roots of the Arab Spring.


One year ago, on Dec. 17, a humble, cowed fruit-seller in a small, provincial city in Tunisia doused himself in paint thinner and set himself alight. The flames that eventually took his life had an effect he could not have foreseen, even in his wildest dreams: Less than a month later, his country's long-ruling tyrant had fled to Saudi Arabia and a democratic revolution would soon sweep across the Middle East. His death made him famous, an icon whose face adorns postage stamps and whose name — Mohamed Bouazizi — now stands for the hopes of a generation.


As is so often the case with political martyrs, Bouazizi means strikingly different things to different people. To some he's a generic symbol of the resistance to injustice; to others an archetype of the fight against autocracy. Occupy Wall Street activists have even enlisted him as a spiritual ally of their struggle against the unholy alliance between Washington and corporate America.

To read the complete article, please visit Foreign Policy

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