Peru’s New President Taps Prominent Economist as Prime Minister

arr/NL Flair becomes prime minister of a country.

Hernando de Soto has worked on free market reforms in latin america, as well as supported titling of undocumented land, and he supports the formalisation of the informal sector. He argues this move would improve credit access and drive growth.

He has worked closely with Hayek and Friedman. He has been criticised for being on the political right and for working with the Fujimori administration .