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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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ILD in the News

wallstreetjournal 250

 JULY 9, 2010

Post-Earthquake Refugee Camps and Rubble Remain, as Promised Funds Are Slow to Arrive; Hold-Ups Over Land Rights



PORT-AU-PRINCE, Haiti—Traffic inches past mountains of rubble. Tropical rains pound refugee camps where hundreds of thousands of people huddle amid the stench of excrement. Buildings marked for demolition lean drunkenly against each other.

Indian ExpressNew Delhi | Tuesday, July 6, 2010: Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up.

The Peruvian Amazon is not AvatarJune 5, 2010 - Globalization has rolled into the Peruvian Amazon. The local indigenous communities have witnessed the forces of the global market up close and fear that they will be displaced and enslaved by outsiders eager to benefit from the valuable natural resources on their jungle lands —the petroleum, logging and mining companies as well as the swarms of settlers migrating into the jungle (Creoles from the cities and Indians from the highlands). The natives also worried that these outside forces will continue to debase the biodiversity of their forests.

24 February 2010: Listen to Hernando de Soto discuss some of the reasons behind the continuing financial crisis, the recession and toxic paper with David McAlvany and Kevin Orrick. (A transcript is available as well.)

Property Rights AllianceThe Property Rights Alliance, inspired in Hernando de Soto’s work, has just published the 2010 International Property Rights Index (IPRI), measuring property rights in 125 countries. This is its fourth edition and this year it was carried out by Victoria Strokova, the 2009 Hernando de Soto Fellow.

Hernando de Soto in the Mongolian Economic ForumHernando de Soto, President of the ILD, was interviewed by Bloomberg on February 15th, in Ulaanbaatar, where he attended the Mongolian Economic Forum, and met with President Elbegdorj and Prime Minister Batbold.

Hernando de Soto Participates in the Federation of Indian Chambers of Commerce and IndustryDuring mid-February 2010, ILD President, Hernando de Soto visited India to participate in a day-long session on inclusiveness, hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI).

RecessionMayReturnBy William Barth

Published: Monday, November 2, 2009 11:52 AM CST

America’s financial industry “created the world’s biggest shadow economy,” and unless it gets cleaned up the fragile recovery could turn sour again.

CIPE institutes the ‘Hernando de Soto for Democracy’ AwardThe Center for International Private Enterprise (CIPE), the global branch of the US Chamber of Commerce, has created the “Hernando de Soto for Democracy” Award, which will be presented annually to a CIPE partner who has followed De Soto’s path franchising entrepreneurs in the informal sectors of developing countries.

The Power of the PoorOn October 8th, PBS stations across the United States began airing “The Power of the Poor with Hernando de Soto,” a one-hour documentary film produced by Free to Choose Media, funded by the John Templeton Foundation and presented by WTTW National Productions in Chicago.

HernandodeSotoawaredEurope19 October 2009 - ILD President Hernando de Soto received one of the highest academic distinctions in Europe.  He was named Honorary Member of the University Philosophical Society of Trinity College, Dublin, the world's oldest intellectual debate forum.

2009 ESRI International User Conference

Hernando de Soto spoke on the importance of the formalization of property, especially for the poor, at the 2009 ESRI International User Conference held in San Diego between 13 and 17 July.

Aspen Ideas Festival3 July 2009 - Renowned journalist Andrea Mitchell, former US Secretary of State Madeleine Albright, and ILD President Hernando de Soto discuss some of the underlying concepts of legally empowering the poor, national and international security, and the financial crisis at the Aspen Ideas Festival 2009.

What capitalists and slumdogs have in common

July 1st, 2009.- In the first of USAID’s 2009 Summer Seminars, ILD President Hernando de Soto spoke about how the ILD works in developing countries around the world to shed light on the extralegal mechanisms poor citizens resort to in order to prove and validate

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