The influential Peruvian development economist Hernando de Soto has argued that much of the developing world will fail to reap the benefits of capitalism until ____.

The influential Peruvian development economist Hernando de Soto has argued that much of the developing world will fail to reap the benefits of capitalism until ____. 










A. they have political stability

B. they invest in infrastructural development

C. they have better defined and secure property rights

D. they have adequate market regulation














Answer: C


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