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Discover the groundbreaking insights of Hernando De Soto in "The Other Path: The Economic Answer to Terrorism" as he unravels the intricate relationship between poverty and terrorism. Learn how legal barriers to property ownership and the lack of legal structures perpetuate underground economies, hindering economic growth. De Soto's work not only sheds light on the forces that drive people to the informal economy but also offers tangible solutions to shift towards a legitimate and prosperous market.
Dive into the world of Peruvian economics and the transformative impact of de Soto's Institute for Liberty and Democracy on the nation's economic landscape. Through the promotion of property rights and the formalization of assets, Peru witnessed a pivotal shift from the shadows of the informal economy towards a thriving legitimate market. Witness firsthand the power of legal structures in fostering economic growth and curbing the influence of terrorist groups like the Shining Path.
In his new preface, de Soto draws parallels between past and present, drawing a compelling connection between the defeat of the Shining Path in Peru and the ongoing fight against terrorism globally. Gain a deeper understanding of the economic roots of terrorism and explore solutions that can pave the way towards a more stable and prosperous future for nations worldwide.
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