Center for International Private Enterprise to Honor Dr. Jesus P. Estanislao with Hernando de Soto Award for Democracy

Caroline Scullin,, 202-721-9200

WHO:              The Center for International Private Enterprise (CIPE) will honor Dr. Jesus P. Estanislao, former Finance Minister of the Philippines after the People Power revolution and President of the Institute for Corporate Directors (ICD) and the Institute for Solidarity in Asia (ISA), with its second Hernando de Soto Award for Democracy.

                        The award will be presented by world-famous democracy advocate Hernando de Soto, president of the Institute for Liberty and Democracy in Peru, author of The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, and recipient of the first de Soto Award in 2009.

WHAT:            CIPE will present the second Hernando de Soto Award for Democracy to Jesus P. Estanislao in recognition of his extraordinary achievements in furthering democracy and good governance in the Philippines and throughout Asia. CIPE has worked with Estanislao for more than two decades.

                        The award presentation is part of Democracy that Delivers for Entrepreneurs, an international conference on building strong and inclusive entrepreneurial ecosystems being held in Chicago on April 9-10.

WHEN:           Tuesday, April 9, 2013


WHERE:        Lobby

                        77 West Wacker Drive
                        Chicago, IL 60601

WHY:              The Hernando de Soto Award celebrates Estanislao’s lifelong contributions to democracy and economic freedom through improving governance in the public and private sectors and his leadership in guiding the Philippines through the early years of its transition to democracy.



Center for International Private Enterprise
1211 Connecticut Avenue, NW, Suite 700
Washington, DC 20036
Tel: 202-721-9200    Fax: 202-721-9250
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