The Mystery Of Capital
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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Arequipa
Arequipa (; Aymara and qu, Ariqipa) is a city and capital of province and the eponymous department of Peru. It is the seat of the Constitutional Court of Peru and often dubbed the "legal capital of Peru". It is the second most populated city in Peru, after Lima, with an urban population of 1,008,290 inhabitants according to the 2017 national census. Its metropolitan area integrates twenty-one districts, including the foundational central area, which it is the seat of the city government. The city had a nominal GDP of US$9,445 million, equivalent to US$10,277 per capita (US$18,610 per capita PPP) in 2015, making Arequipa the city with the second-highest economic activity in Peru. Arequipa is also an important industrial and commercial center of Peru,Chanfreau, p. 40 and is considered as the second industrial city of the country. Within its industrial activity the manufactured products and the textile production of wool of camelids. The town maintains close commercial links wit ...
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