According to Hernando de Soto,poor countries should focus their development policies on all of the following except

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Hernando de Soto argues that poor countries should focus on reducing bureaucratic barriers, encouraging private ownership, and improving infrastructure to facilitate business activity in order to spur economic development. However, increasing taxes on private companies would likely discourage entrepreneurship and investment, which could hinder economic growth.

According to Hernando De Soto,poor Countries Should Focus Their Development