The Future of Democracy in Latin America (part 2)

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Uploaded by on Jun 27, 2008

In this interview with CIPE, the world famous economist Hernando de Soto, president of the Institute for Liberty and Democracy (Lima, Peru), discusses the future of democratic and market reforms in Latin America. Hernando de Soto is most famous for pioneering work on the informal sector. What can be done to better engage people in political and economic systems? What is the future of democracy in Latin America? Can Latin America embrace free markets? What do institutional reforms mean for the region? Hernando de Soto, interviewed by CIPE's executive director John D. Sullivan, answers these and other questions.

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  • Did he say that Latinos mostly come to the u.s and not Easter Europe or Cuba cause of the free market? So why is it the most of the workers and NOT business owners are Latinos? Atleast in their own contries they can own a business. If Latinos are such free market driven, why are they cleaning toilets in the U.S?

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