From the Streets to Markets: Formalization of Street Vendors in Metropolitan Lima

Case Studies | Kim Eric Bettcher, Gustavo Marini, Martin A. Friedl

This detailed review provides insight into the work done by Hernando de Soto’s Institute for Liberty and Democracy (ILD), which identified and promoted the crucial elements of growth that had eluded policymakers and businesspeople for decades: property rights, low barriers to market entry, cost-effective regulation, and a democratic policy process. Additionally, readers will learn about the steps taken by the Center for International Private Enterprise (CIPE) in helping ILD design an economic reform agenda paired with a highly effective advocacy campaign that helped facilitate the vast reform efforts.

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Published Date: May 21, 2009