Development and Globalization

← Back to document page

Hernando de Soto argues that the secret to development lies in the structure of private property rights. In The Mystery of Capital, he says that the world's "poor" actually possess great wealth. The problem, he writes, is that this wealth is usually tied up in "dead capital" due to

  Development, Globalization, Soto, Hernando, Hernando de soto, Development and globalization