- Hardcover: 271 pages
- Publisher: HarperCollins Canada / Non-Fiction (Jan 1 1989)
- Language: English
- ISBN-10: 0060160209
- ISBN-13: 978-0060160203
- Product Dimensions: 23.9 x 16.3 x 3.3 cm
- Shipping Weight: 680 g
- Average Customer Review: 4.5 out of 5 stars See all reviews (6 customer reviews)
- Amazon Bestsellers Rank: #1,797,265 in Books (See Top 100 in Books)
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Product Details |
Product Description
Book Description
Altering the way we perceive underdeveloped countries, this revolutionary volume focuses on Lima, Peru, and how its internal economies and political alliances function. De Soto also describes the surprising and revolutionary world of the "informals," those who work outside the law to achieve their goals. 24 pages of photographs.
--This text refers to an out of print or unavailable edition of this title.
About the Author
Hernando de Soto is President of the Institute for Liberty and Democracy (ILD), headquartered in Lima, Peru. He was named one of the five leading Latin American innovators of the century by Time magazine in its May 1999 issue on "Leaders for the New Millennium." De Soto played an integral role in the modernization of Peru's economic and political system as President Alberto Fujimori's Personal Representative and Principal Adviser. His previous book, The Other Path, was a best seller throughout Latin America and the U.S. He and ILD are currently working on the practical implementation of the measures for bringing the poor into the economic mainstream introduced in The Mystery of Capital. He lives in Lima, Peru.
--This text refers to the
Paperback
edition.
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Most helpful customer reviews
5.0 out of 5 stars
Analyse très détaillée,
This review is from: The Other Path (Paperback)
Une analyse très détaillée de la situation péruvienne qui comporte des similitudes à transposer dans de nombreux pays ou la propriété privée pour les gens du peuple est inaccessible.
3 of 3 people found the following review helpful
4.0 out of 5 stars
A Devastating Critique of Centrally Planned Economies,
By
This review is from: The Other Path (Paperback)
The original version of this book was written in the mid-80's to offer the people and government of Peru specific suggestions to combat Sendero Luminoso by making it possible for ordinary people to have a productive and meaningful participation in the nation's economy. This new printing includes a preface written in 2002 that provides the context and history for non-Peruvian readers and gives some analysis of the successes of the suggested reforms under the Fujimori government.The first part of the book is a detailed analysis of three sectors of the Peruvian economy: housing, transport, and trade (small manufacturing and retail primarily). In each of these, De Soto demonstrates how the barriers raised by regulation and legal process from both right and left wing governments in Peru have forced the majority of persons participating to do so in informal/illegal ways. The result is that formal activity bears the brunt of taxation and informals have little protection in terms of property rights, contractual instruments, and so on. The net result is that everyone is impoverished. This section of the book can be tough reading because of the amount of detail, but its necessary in order to understand the importance of the second half. The second half suggests that the Peruvian situation is really the reemergence of mercantilism, not a market economy. De Soto then provides some suggestions to peacefully transitiont to a market economy, and convincing warnings that failure to do so will almost certainly result in a violent transition. The points that De Soto makes are increasingly significant to non-Peruvians as societies like America have increasingly centralised economies. Ironically, the cover includes blurbs from both Presidents Bush and Clinton. One suspects that netiher of them actually read the book.
3.0 out of 5 stars
Agreed -- would have been better first,
By
This review is from: The Other Path: The Invisible Revolution in the Third World (Hardcover)
I agree that this book would have been more interesting if read before Mystery, but now the mystery is gone.This is good stuff just the same. Lots of good points that are useful in a classroom.
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