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Institute For Liberty And Democracy
The Institute for Liberty and Democracy (ILD) is a think tank based in Lima devoted to the promotion of property rights in developing countries. It was established in 1981 by Peruvian economist Hernando de Soto. The ILD works with developing countries to implement property and business rights reforms that provide the legal tools and institutions required for citizens to participate in the formal economy. Founding After working as an economist in Europe for the General Agreement on Tariffs and Trade, a precursor to the World Trade Organization, as well as president of the Committee of the Copper Exporting Countries Organization, CEO of Universal Engineering Corporation and a principal for Swiss Bank Corporation, Hernando de Soto returned to Peru in 1979. De Soto returned to Peru at the request of small Peruvian mining companies with gold placer claims, though when he went to the locations that investors were interested in, locals had already began to pan for gold in the area. D ...
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Hernando De Soto Polar
Hernando Soto Polar (commonly known Hernando de Soto ; born June 2, 1941) is a prominent Peruvian economist known for his work on the informal economy and on the importance of business and property rights. His work on the developing world has earned him praise worldwide by numerous heads of state, particularly for his publication ''The Mystery of Capital'' and ''The Other Path''. He is the current president of the Institute for Liberty and Democracy (ILD), a think tank devoted to promoting economic development in developing countries located in Lima, Peru.Institute for Liberty and Democracy, "Hernando de Soto – Detailed Bio".
(accessed 16 March 2013)
In Peru, de Soto's advisory has been recognized as inspiring the economic guidelines—inc ...
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Mont Pelerin Society
The Mont Pelerin Society (MPS) is an international organization composed of economists, philosophers, historians, intellectuals and business leaders.Michael Novak, 'The Moral Imperative of a Free Economy', in '' The 4% Solution: Unleashing the Economic Growth America Needs'', Bush Institute, Crown Business, 2012, p. 294 The members see the MPS as an effort to interpret in modern terms the fundamental principles of economic society as expressed by classical Western economists, political scientists and philosophers. Its founders included Friedrich Hayek, Frank Knight, Karl Popper, Ludwig von Mises, George Stigler and Milton Friedman. The society advocates freedom of expression, free market economic policies and the political values of an open society. Further, the society seeks to discover ways in which the private sector can replace many functions currently provided by government entities. Aims In its "Statement of Aims" on 8 April 1947, the scholars were worried about the dan ...
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Alberto Fujimori
Alberto Kenya Fujimori Inomoto ( or ; born 28 July 1938) is a Peruvian politician, professor and former engineer who was President of Peru from 28 July 1990 until 22 November 2000. Frequently described as a dictator, * * * * * * he remains a controversial figure in Peruvian politics; his government is credited with the creation of Fujimorism, defeating the Shining Path insurgency and restoring Peru's macroeconomic stability, though Fujimori ended his presidency by fleeing Peru for Japan amid a major scandal involving corruption and human rights abuses. Even amid his prosecution in 2008 for crimes against humanity relating to his presidency, two-thirds of Peruvians polled voiced approval for his leadership in that period. A Peruvian of Japanese descent, Fujimori took refuge in Japan when faced with charges of corruption in 2000. On arriving in Japan, he attempted to resign his presidency via fax, but his resignation was rejected by Congress, which preferred to remove him fr ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Land Title
In property law, title is an intangible construct representing a bundle of rights in (to) a piece of property in which a party may own either a legal interest or equitable interest. The rights in the bundle may be separated and held by different parties. It may also refer to a formal document, such as a deed, that serves as evidence of ownership. Conveyance of the document (transfer of title to the property) may be required in order to transfer ownership in the property to another person. Title is distinct from possession, a right that often accompanies ownership but is not necessarily sufficient to prove it (for example squatting). In many cases, possession and title may each be transferred independently of the other. For real property, land registration and recording provide public notice of ownership information. In United States law, evidence of title is typically established through title reports written up by title insurance companies, which show the history of title (proper ...
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Dead Capital
Dead capital is an economic term related to property which is informally held, is not legally recognized, and cannot be exchanged for financial capital. The uncertainty of ownership decreases the value of the asset and/or the ability to lend or borrow against it. These lost forms of value are dead capital. The term ''dead capital'' was coined by Peruvian Economist Hernando de Soto Polar. De Soto estimated in 2015 that 5.3 billion of 7.3 billion people globally – over seventy percent of the world's population – hold dead capital that is worth US$ 9.3 trillion in assets. This dead capital owned by poor or middle-class people in emerging economies cannot be realized due to poor policies, ineffective procedures, or bureaucracy. If these assets in the informal sector were recognized and brought into the mainstream market economy, they could possibly become the key to fostering development. Economic impact The economic impacts of dead capital are immense; only well-connected people ...
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Alan García
Alan Gabriel Ludwig García Pérez (; 23 May 1949 – 17 April 2019) was a Peruvian politician who served as President of Peru The president of Peru ( es, link=no, presidente del Perú), officially called the president of the Republic of Peru ( es, link=no, presidente de la República del Perú), is the head of state and head of government of Peru. The president is th ... for two non-consecutive terms from 1985 to 1990 and from 2006 to 2011. He was the second leader of the American Popular Revolutionary Alliance, Peruvian Aprista Party and to date the only party member ever to have served as List of Presidents of Peru, President. Mentored by the founder of the APRA, Víctor Raúl Haya de la Torre, he served in the Constituent Assembly of Peru, Constituent Assembly of 1978–1979. Elected to the Peruvian Congress in 1980 Peruvian general election, 1980, he rose to the position of General Secretary of the APRA in 1982, and was subsequently elected to the presidency in 1985 Pe ...
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The Economic Answer To Terrorism
''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pr ...
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Ombudsman
An ombudsman (, also ,), ombud, ombuds, ombudswoman, ombudsperson or public advocate is an official who is usually appointed by the government or by parliament (usually with a significant degree of independence) to investigate complaints and attempt to resolve them, usually through recommendations (binding or not) or mediation. Ombudsmen sometimes also aim to identify systemic issues leading to poor service or breaches of people's rights. At the national level, most ombudsmen have a wide mandate to deal with the entire public sector, and sometimes also elements of the private sector (for example, contracted service providers). In some cases, there is a more restricted mandate, for example with particular sectors of society. More recent developments have included the creation of specialized children's ombudsmen. In some countries, an inspector general, citizen advocate or other official may have duties similar to those of a national ombudsman and may also be appointed by a legi ...
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Shining Path
The Shining Path ( es, Sendero Luminoso), officially the Communist Party of Peru (, abbr. PCP), is a communist Guerrilla warfare, guerrilla group in Peru following Marxism–Leninism–Maoism and Gonzalo Thought. Academics often refer to the group as the Communist Party of Peru – Shining Path (, abbr. PCP-SL) to distinguish it from other communist parties in Peru. When it first launched its "people's war" in 1980, the Shining Path's goal was to overthrow the government through guerrilla warfare and replace it with a New Democracy. The Shining Path believed that by establishing a dictatorship of the proletariat, inducing a cultural revolution, and eventually sparking a world revolution, they could arrive at Communist society, full communism. Their representatives stated that the then-existing Socialist state, socialist countries were Marxist revisionism, revisionist, and the Shining Path was the Vanguardism, vanguard of the world communist movement. The Shining Path's ideology a ...
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Fernando Belaúnde Terry
Fernando is a Spanish and Portuguese given name and a surname common in Spain, Portugal, Italy, France, Switzerland, former Spanish or Portuguese colonies in Latin America, Africa, the Philippines, India, and Sri Lanka. It is equivalent to the Germanic given name Ferdinand, with an original meaning of "adventurous, bold journey". First name * Fernando el Católico, king of Aragon A * Fernando Acevedo, Peruvian track and field athlete * Fernando Aceves Humana, Mexican painter * Fernando Alegría, Chilean poet and writer * Fernando Alonso, Spanish Formula One driver * Fernando Amorebieta, Venezuelan footballer * Fernando Amorsolo, Filipino painter * Fernando Antogna, Argentine track and road cyclist * Fernando de Araújo (other), multiple people B * Fernando Balzaretti (1946–1998), Mexican actor * Fernando Baudrit Solera, Costa Rican president of the supreme court * Fernando Botero, Colombian artist * Fernando Bujones, ballet dancer C * Fernando Cabrera (baseball ...
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National Endowment For Democracy
The National Endowment for Democracy (NED) is an organization in the United States that was founded in 1983 for promoting democracy in other countries by promoting political and economic institutions such as political groups, trade unions, free markets and business groups. NED is funded primarily by an annual allocation from the U.S. Congress. The NED was created by The Democracy Program as a bipartisan, private, non-profit corporation, and in turn acts as a grant-making foundation. In addition to its grants program, the NED also supports and houses the ''Journal of Democracy'', the World Movement for Democracy, the International Forum for Democratic Studies, the Reagan–Fascell Fellowship Program, the Network of Democracy Research Institutes, and the Center for International Media Assistance. History Founding In a 1982 speech at the Palace of Westminster, President Ronald Reagan proposed an initiative, before the British Parliament, "to foster the infrastructure of ...
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