In his book The Other Path, de Soto suggests that countries will grow more quickly if governments limit entrepreneurship.

Answer the following statement true (T) or false (F)

False

De Soto concluded that countries could grow more quickly if governments encouraged rather than suppressed entrepreneurial resources. In his best-selling book, The Other Path, he urged poor countries to refocus their development policies. This 'other path' entails improving the business climate by reducing bureaucratic barriers to free enterprise, spreading private ownership, developing and enforcing legal safeguards for property, income, and wealth, and developing infrastructure that facilitates business activity.

Economics

You might also like to view...

The Patient Protection and Affordable Care Act (ACA) is scheduled ________, at which point more than 30 million additional individuals are expected to have health care coverage

A) to be completely in place in 2016 B) to be phased out by 2015 C) to be phased in over the next 20 years D) to be fully implemented by 2019

Economics

What was the Bretton Woods agreement about? Why did it break down? Briefly explain

What will be an ideal response?

Economics