by Hernando de Soto · Ediciones Península · tapa blanda · ISBN 9788483073728
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«El misterio del capital» is Hernando de Soto's economic essay, published by Ediciones Península in paperback (269 pages, in Spanish).
The essay analyzes why capitalism succeeds in the West and fails elsewhere: the difference would lie in the legal framework of property. Without formal titles, the assets of the poor can barely be used as collateral for credit or investment. Formalizing property would be the way to turn them into productive capital, according to the author.
First edition in 2001. Atalaya Collection (no. 74). Translated from English by Mirko Lauer and Jessica McLauchlan.
For readers interested in economics, development, and public policy.
