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.

icon
Related questions
Question
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.
Transcribed Image Text: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.
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer