Hernando DeSoto is a Peruvian economist and the current president of the Institute for Liberty and Democracy. In a March 2001 article in Finance & Development he wrote: "Much of the marginalization of the poor in developing and former communist nations comes from their inability to benefit from the six effects that formal property provides. The challenge these countries face is not whether they should produce o receive more money but whether they can understand the legal institutions and summon the political will necessary to build a property system that is easily accessible to the poor." After reading this article, please LIST a combination of 4 of his ideas/statements you AGREE or DISAGREE with and WHY.
Hernando DeSoto is a Peruvian economist and the current president of the Institute for Liberty and Democracy. In a March 2001 article in Finance & Development he wrote: "Much of the marginalization of the poor in developing and former communist nations comes from their inability to benefit from the six effects that formal property provides. The challenge these countries face is not whether they should produce o receive more money but whether they can understand the legal institutions and summon the political will necessary to build a property system that is easily accessible to the poor." After reading this article, please LIST a combination of 4 of his ideas/statements you AGREE or DISAGREE with and WHY.
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