Developing infrastructure and ensuring that property rights will be protected can help a poor country grow more quickly according to de Soto's book The Other Path.
De Soto concluded that countries could grow more quickly if governments encouraged rather than suppressed entrepreneurial resources.In his best-selling book,The Other Path,he urged poor countries to refocus their development policies.This "other path" entails improving the business climate by reducing bureaucratic barriers to free enterprise,spreading private ownership,developing and enforcing legal safeguards for property,income,and wealth,and developing infrastructure that facilitates business activity.

Question

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This statement summarizes de Soto's belief and recommendation in his book The Other Path. He advocates for policies that promote entrepreneurship, private ownership, and legal safeguards for property rights, all of which can be conducive to economic growth in poor countries. Additionally, the development of infrastructure can facilitate business activity and stimulate further economic growth.

Developing Infrastructure and Ensuring That Property Rights Will Be Protected