Hernando de Soto is President of the Institute for Liberty and Democracy, an internationally recognized think tank headquartered in Lima, Peru committed to creating legal systems to help the poor access property and business rights. In 1999, he was selected as one of five leading Latin American innovators of the century by Time Magazine in its special May issue on “Leaders for the New Millennium” and has been similarly recognized by Forbes Magazine.
Mr de Soto has served as President of the Executive Committee of the Copper Exporting Countries Organization and as CEO of Universal Engineering Corporation. He has also worked as an economist for the General Agreement on Tariffs and Trade, a principal of the Swiss Bank Corporation Consultant Group, and a governor of Peru’s Central Reserve Bank. Mr de Soto has advised heads of state in several countries on property and business reform programs, and is author of ‘The Other Path’ and his seminal work ‘The Mystery of Capital’.