Word: peruvian
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That's a simplistic, if inaccurate, charge. Yet those historical grievances, says Peruvian economist Hernando de Soto, are something foreign investors have too quickly forgotten--not just in Peru but throughout Latin America, where politics are turning sharply leftward after the capitalist reforms of the '90s left more of the region in poverty...
...Chilean man living in the countryside once sought to explain the differences between Chilean and Peruvian people to me. He searched for some way to bottle up their grand conflict, to explain why Peru was just different than Chile. (Peru, like Bolivia, has a much larger percentage of indigenous population than Chile.) Finally, he hit upon his key point...
...From? What Are We? Where Are We Going? (1898) from the Boston Museum of Fine Arts. Intended as Gauguin's final testament, the panorama "reads" from right to left, from infancy to death. The despairing figure of old age, seated with head in hands, echoes the position of a Peruvian mummy Gauguin saw at the Paris Exposition of 1889, the colonial extravaganza that was one of the catalysts for his Tahitian wanderlust. The piece will return home when the show moves to Boston in February. Vuillard is the most comprehensive exhibit ever dedicated to the artist, with 230 paintings, drawings...
...entrepreneurship of the poor has produced assets in the “underground economy” worth over $9 trillion. But the poor are prevented from entering the legal realm by bureaucratic runaround. To document the extent of the challenges, Peruvian economist Hernando de Soto describes in The Mystery of Capital how he tried to obtain legal permits to build a small house and license one sewing machine for commercial...
...this is due to intentional tax evasion, the poor remain outside the legal sector because complex laws exclude them. In 1990, the Institute for Liberty and Democracy (de Soto’s think tank) helped Peru reduce time and money costs by 99 percent. Since then, over two million Peruvian families have become newly legal homeowners and another 500,000 have registered official businesses...