Hernando De Soto Polar
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Hernando De Soto Polar
Hernando de Soto Polar (commonly known Hernando de Soto ; born June 2, 1941) is a Peruvian economist known for his work on the informal economy and on the importance of business and property rights. His work on the developing world has earned him praise worldwide by numerous heads of state, particularly for his publication ''The Mystery of Capital'' and ''The Other Path''. He is the current president of the Institute for Liberty and Democracy (ILD), a think tank devoted to promoting economic development in developing countries located in Lima, Peru.Institute for Liberty and Democracy, "Hernando de Soto – Detailed Bio".
(accessed 16 March 2013)
In Peru, de Soto's advisory has been recognized as inspiring the economic guidelines—including ...
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Arequipa
Arequipa (; Aymara language, Aymara and ), also known by its nicknames of ''Ciudad Blanca'' (Spanish for "White City") and ''León del Sur'' (Spanish for "South's Lion"), is a city in Peru and the capital of the eponymous Arequipa (province), province and department of Arequipa, department. It is the seat of the Constitutional Court of Peru and often dubbed the "legal capital of Peru". It is the second most populated city in Peru, after the capital Lima, with an urban population of 1,296,278 inhabitants according to the 2017 national census. known for its colonial architecture and volcanic stone buildings, it is a major cultural and economic center. Its metropolitan area integrates twenty-one districts, including the foundational central area, which it is the seat of the city government. The city had a nominal GDP of US$9,445 million, equivalent to US$10,277 per capita (US$18,610 per capita PPP) in 2015, making Arequipa the city with the second-highest economic activity in Peru ...
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Informal Economy
An informal economy (informal sector or grey economy) is the part of any economy that is neither Taxation, taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poverty, poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important policy challenge. In many cases, unlike the formal economy, activities of the informal economy are not included in a country's gross national product (GNP) or gross domestic product (GDP). However, Italy has included estimates of informal activity in their GDP calculations since 1987, which swells their GDP by an estimated 18% and in 2014, a number of European countries formally changed their GDP calculations to include prostitution and narcotics sales in the ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ...
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Keiko Fujimori
Keiko Sofía Fujimori Higuchi (, , Hepburn romanization, Hepburn: , ; born 25 May 1975) is a Peruvian politician and business administrator. Fujimori is the eldest daughter of former Peruvian president Alberto Fujimori and Susana Higuchi. From August 1994 to November 2000, she held the role of First Lady of Peru, during her father's administrations. She has served as the leader of the Fujimorism, Fujimorist political party Popular Force since 2010, and was a Congress of the Republic of Peru, congresswoman representing the Lima Metropolitan Area, from 2006 to 2011. Fujimori ran for president in the 2011 Peruvian general election, 2011, 2016 Peruvian general election, 2016, and 2021 Peruvian general election, 2021 elections, but was defeated each time in the second round of voting. Early life Early life and education Keiko Sofía Fujimori Higuchi was born on 25 May 1975 in the Jesús María District, Lima, Jesús María district of Lima, the capital of Peru. Fujimori's parent ...
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Lost Decade (Peru)
The Lost Decade () or the Crisis of the 80s () was a period of economic stagnation in Peru throughout the 1980s which was exacerbated to a severe Financial crisis, macroeconomic crisis by the end of the decade. Latin American debt crisis, Foreign debt accumulation throughout Latin America, a series of natural disasters, mass public expenditures, nationalizations of banks and financial institutions, and the shutting of Peru out of international credit markets led to a decade of macroeconomic decline. The financial crisis soon became adopted into the public sphere through hyperinflation in commodities, Food security, food shortages, and mass unemployment. By the end of the decade, Peru's gross domestic product (GDP) contracted over 20%, and Poverty in Peru, poverty rose to 55%. The 1980s is often deemed as "The Lost Decade" in Peru, as the result of its social and economic crises. As a result of the crisis, large waves of Peruvians immigrated to countries such as the Peruvian America ...
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RPP (Peru)
RPP may refer to: Academic journals * ''Review of Philosophy and Psychology'' * ''Review of Particle Physics'', a Particle Data Group publication People *Richard Paul Pavlick, a retired postal worker who stalked US President-elect John F. Kennedy with the intention of assassinating him in 1960 Media * Grupo RPP, a Peruvian media conglomerate ** Radio Programas del Perú, their news radio station * RPP FM, an Australian community radio station Political parties * People's Rally for Progress (), Djibouti * Rastriya Prajatantra Party, Nepal * Reformed Political Party, Netherlands * Republican People's Party, Turkey Other uses

* Rate pressure product, in heart medicine * Registered Professional Planner, a Canadian qualification * Rho Pi Phi, a professional pharmacy fraternity * Bus Route Planning Programme {{disambiguation ...
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NACLA
North American Congress in Latin America (NACLA) is a non-profit organization founded in 1966 to provide information on trends in Latin America and relations between Latin America and the United States. The organization is best known for publishing the quarterly ''NACLA Report on the Americas'', and also publishes "books, anthologies and pamphlets for classroom and activist use". The ''NACLA Report on the Americas'' print magazine was briefly discontinued in 2015, but relaunched under the Taylor and Francis imprint Routledge in May 2016. For the last 50 years, NACLA has been a source of English-language news and analysis for journalists, policymakers, activists, students and scholars in North America and throughout the world. History Founding In 1966, the founders consisted of civil rights, anti-war, and labor activists. The North American Congress on Latin America (NACLA) was established as a group that performed research for the leftist group Students for a Democratic Soc ...
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Constitution Of Peru
The Political Constitution of the Republic of Peru (; Southern Quechua: ''Perú Suyu Hatun Kamay Pirwa 1993'') is the supreme law of Peru. The current constitution, enacted on 31 December 1993, is Peru's fifth in the 20th century and replaced the 1979 Constitution. The Constitution was drafted by the Democratic Constituent Congress that was convened by President Alberto Fujimori during the Peruvian Constitutional Crisis of 1992 that followed his 1992 self-coup and dissolution of Congress, and was promulgated on 29 December 1993. A Democratic Constitutional Congress (CCD) was elected in 1992, and the final text was approved in a 1993 referendum. The Constitution was primarily created by Fujimori and supporters without the participation of any opposing entities. The 1993 Constitution of Peru differed originally from the 1979 Constitution in that it gave greater power to the president. For example, it allowed for reelection, reduced the bicameral 240-member congress to a unicam ...
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Alberto Fujimori
Alberto Kenji Fujimori Fujimori (26 July 1938 – 11 September 2024) was a Peruvian politician, professor, and engineer who served as the 54th president of Peru from 1990 to 2000.* * * * * * * Born in Lima, Fujimori was the country's first president of Japanese descent, and was an agronomist and university rector prior to entering politics. Fujimori emerged as a politician during the midst of the internal conflict in Peru, the Peruvian Lost Decade, and the ensuing violence caused by the far-left guerilla group Shining Path. In office as president, Fujimori implemented a series of military reforms and responded to Shining Path with repressive and lethal force, successfully halting the group's actions. His economic policy and his neoliberal political ideology of Fujimorism rescued Peru's economy and transformed its governance in the midst of its internal conflict. However, his administration was also controversial for alleged abuses of human rights and authoritarian t ...
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Neoliberal
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pejoratively. In scholarly use, the term is often left undefined or used to describe a multitude of phenomena. However, it is primarily employed to delineate the societal transformation resulting from market-based reforms. Neoliberalism originated among European Liberalism, liberal scholars during the 1930s. It emerged as a response to the perceived decline in popularity of classical liberalism, which was seen as giving way to a social liberal desire to control markets. This shift in thinking was shaped by the Great Depression and manifested in policies designed to counter the volatility of free markets. One motivation for the development of policies designed to mitigate the volatility of capitalist free markets was a desire to avoid repeatin ...
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Austerity
In economic policy, austerity is a set of Political economy, political-economic policies that aim to reduce government budget deficits through Government spending, spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to Government debt, borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Proponents of these measures state that this reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier and cheaper as a result. In most macroeconomic models, austerity policies which reduce government spending lead to increased unem ...
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Economic Regulation
Regulatory economics is the application of law by government or regulatory agencies for various economics-related purposes, including remedying market failure, protecting the environment and economic management. Regulation Regulation is generally defined as legislation imposed by a government on individuals and private sector firms in order to regulate and modify economic behaviors. Conflict can occur between public services and commercial procedures (e.g. maximizing profit), the interests of the people using these services (see market failure), and also the interests of those not directly involved in transactions ( externalities). Most governments, therefore, have some form of control or regulation to manage these possible conflicts. The ideal goal of economic regulation is to ensure the delivery of a safe and appropriate service, while not discouraging the effective functioning and development of businesses. For example, in most countries, regulation controls the sale and co ...
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