IBD: Hernando De Soto Revolutionized Thinking On Poverty

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

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

By David Freddoso, for Investor's Business Daily
03/04/2015 01:33 PM ET

Leaders of dozens of Third World and post-communist countries have called on Hernando de Soto for help in freeing their economies and improving the lot of their poor.

He was praised by nearly every president of the late 20th century, including Richard Nixon, Ronald Reagan and Bill Clinton, who called him "the world's greatest living economist."

Time magazine named de Soto one of the world's 100 most influential people in 2004.

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