[e-cvs] cvs commit: e/doc/talks/pisa/paper index.html
markm@eros.cs.jhu.edu
markm@eros.cs.jhu.edu
Thu, 3 Jan 2002 17:08:24 -0500
markm 02/01/03 17:08:24
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into officially acknowledged parts of the formal economy. The strategy
has been wildly successful in bringing the poor into the modern world.
Working with the government of Peru, over four years, de Soto's organization
- has formalized ??? worth of assets for a quarter of a million people,
- creating ??? amount of capital and $2.1 billion of new tax revenues for
- the government of Peru. One may hope and expect that these demonstrated
- tax revenues, if nothing else, will tempt other governments to follow
- suit.</p>
+ helped a quarter of a million people formalize many of their assets, creating
+ new capital, and producing $2.1 billion of new tax revenues for the government
+ of Peru. One may hope and expect that these demonstrated tax revenues,
+ if nothing else, will tempt other governments to follow suit.</p>
<p>De Soto's isn't the first attempt to title the informals' property and
bring them into the formal sector, but it is the first such attempt in
the third world to work. De Soto documents previous well intentioned efforts,