Institutions Matter in Transition, But So Do Policies Oli Havrylyshyn

ISBN: 9781281372123

Published: March 1st 2000

ebook

28 pages


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Institutions Matter in Transition, But So Do Policies  by  Oli Havrylyshyn

Institutions Matter in Transition, But So Do Policies by Oli Havrylyshyn
March 1st 2000 | ebook | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 28 pages | ISBN: 9781281372123 | 8.14 Mb

When I was growing up in Peru, I was told that the farms I visited belonged to farming communities and not to the individual farmers. Yet as I walked from field to field, a different dog would bark. The dogs were ignorant of the prevailing law- allMoreWhen I was growing up in Peru, I was told that the farms I visited belonged to farming communities and not to the individual farmers.

Yet as I walked from field to field, a different dog would bark. The dogs were ignorant of the prevailing law- all they knew was which land their masters controlled. In the next 150 years those nations whose laws recognize what the dogs already know will be the ones who enjoy the benefits of a modern market economy. - Hernando de Soto



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