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Books > Business & Economics > Economics > Development economics
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The Other Path - The Economic Answer to Terrorism (Paperback, New ed)
Loot Price: R686
Discovery Miles 6 860
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The Other Path - The Economic Answer to Terrorism (Paperback, New ed)
Expected to ship within 18 - 22 working days
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In this, his classic book on the informal economy of Peru and the
reasons why poverty can be a breeding ground for terrorists,
Hernando De Soto describes the forces that keep people dependent on
underground economies: the bureaucratic barriers to legal property
ownership and the lack of legal structures that recognize and
encourage ownership of assets. It is exactly these forces, de Soto
argues, that prevent houses, land, and machines from functioning as
capital does in the West- as assets that can be leveraged to create
more capital. Under the Fujimori government, de Soto's Institute
for Liberty and Democracy wrote dozens of laws to promote property
rights and bring people out of the informal economy and into the
legitimate one. The result was not only an economic boon for Peru
but also the defeat of the Shining Path, the terrorist movement and
black-market force that was then threatening to take over the
Peruvian government. In a new preface, de Soto relates his work to
the present moment, making the connection between the Shining Path
in the 1980's and the Taliban today.
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