Events | 2010.01.30
Hernando de Soto: Property Rights Are Key to Fighting Global Poverty
SEATTLE--(BUSINESS WIRE)--At an event hosted by Seattle-based Initiative for Global Development (IGD), renowned economist Hernando de Soto argued that property rights and rule of law are keys to long-term global poverty reduction. “In most developing countries, the vast majority of people live outside the legal economy,” said de Soto. “Because they lack property rights, they cannot access capital or credit, so they cannot grow their businesses. Without a legal framework, the ma
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