Hernando de Soto Polar is a Peruvian economist known for his work on the informal economy and on the importance of business and property rights. He is the president of the Institute for Liberty and Democracy , located in Lima, Peru.
Hernando de Soto was born in 1941 in Arequipa, Peru. His father was a Peruvian diplomat . After the 1948 military coup in Peru, his father chose exile in Europe, taking his wife and two young sons with him. De Soto was educated in Switzerland, where he attended the International School of Geneva and then did postgraduate work at the Graduate Institute of International Studies in Geneva. He later worked as an economist, corporate executive and consultant. He returned to Peru at the age of 38. His younger brother lvaro served in the Peruvian diplomatic corps in Lima, New York and Geneva and was seconded to United Nations in 1982. He retired from the U.N. in 2007 with the title rank of Assistant UnderSecretaryGeneral his last position was as the UN Special Coordinator for the Middle East Peace Process. He is well known as an international adviser.
Source: Wikipedia