TY - GEN AU - Soto, Hernando De TI - Other path : the economic answer to terrorism SN - 9780465016105 U1 - 381 PY - 1989/// CY - New York PB - Basic Books KW - N1 - CONTENTS Preface xi PART ONE one Introduction 3 Migration A Hostile Reception From Migrants to Informals Two Informal Housing 17 The Informal Acquisition of Property The Historical Evolution of Informal Housing The Long March toward Private Property Three Informal Trade 59 Types of Informal Trade The Historical Evolution of Informal Trade The March toward Markets Four Informal Transport 93 Types of Informal Transport The Historical Evolution of Informal Transport The Mystery of Cyclical Bankruptcies Informality in Photos appears after page 118 PART TWO Five The Costs and Importance of the Law 131 The Costs of Formality The Costs of Access The Costs of Informality The National Economic Consequences of the Costs of Formality and Informality The Law as a Determinant of Development Six The Redistributive Tradition 189 SEVEN The Parallel with Mercantilism 201 The Characteristics of Mercantilism Peru: A Mercantilist Country? The Decline of Mercantilism and the Emergence of Informals Collapse EIGHT Conclusion 231 The Social Relevance of Legal Institutions Violence The Survival of Mercantilism Political Voluntarism Left- and Right-Wing Mercantilists The Promise of Human Capital An Agenda for Change Final Remarks Epilogue 259 Appendix 262 Index 265 ER -