According to the Peruvian economist Hernando de Soto, in the 1980s, getting a deed for property in

Question:

According to the Peruvian economist Hernando de Soto, in the 1980s, getting a deed for property in Peru involved 207 bureaucratic steps, took 43 months, and cost 10 weeks' worth of the official minimum wage.
a. What problems would that create for economic development?
b. What problems would the lack of titling create for public utilities?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

Question Posted: