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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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 Peruvian economist Hernando de Soto opened the first Silk Road Forum on Thursday (October 15th, 2015), the event brought in around 800 attendees  from thirty countries to the Georgian capital Tbilisi in order to address the future of this large project. In his speech, De Soto emphasized the importance of  infrastructure in developing countries, specifically in regard to the Silk Road union from the XXI century that will link China with Europe.

"I want to applaud the Georgian Prime Minister. Georgia plans are truly ambitious. I myself belong to a developing country. And in my country the infrastructure development is of great importance," he said.

The construction of a modern road network, railway and energy conduits through Central Asia and the Caucasus will allow the trade volume to be multiplied throughout Eurasia.President of the Institute for Liberty and Democracy and designer of a program to grant land titles to the poor, De Soto met with several ministers of the Georgian government during his stay.

As part of this project, the Georgian Prime Minister, Irakli Garibashvili, said his country has a "strategic position" between East and West, between North and South.

 Read in Spanish the full article here:

Photo above:The high level participants of the first Silk Road Forum including: His Highness Sheikh Nahyan al Mubarak Nahyan of Abu Dhabi (in white),to his right Georgian Prime Minister Irakli Garibashvili, and to the left of the Sheikh (in white) ILD's Hernando de Soto.


Photo above: Georgian Prime Minister Irakli Garibashvili speaking while ILD President Hernando de Soto watches beside him.

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