One of the main problems that underdeveloped countries face is the high rates of poverty and insecurity which affect the quality of life of the majority of the population. In this conference, Karol Boudreaux explains several consequences such problems generate in a society, and presents ideas to empower the poor and enable them to succeed by their own and individual means. She describes how the lack of securities, such as a solid rule of law, can lead to poverty and also explains how they should be preserved and promoted in every sense. She elucidates on the important role that the government plays regarding poverty alleviation and legal empowerment. She presents the interesting case of Rwanda, which by the liberalization and decentralization of its internal systems has set an example of development to the whole world. Boudreaux states that a change in public policies, institutional, legal, and economic reforms, will successfully lead to productiveness and wealth creation for poor individuals.
Karol Boudreaux is a senior fellow at the Mercantus Center and…
Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.
Universidad Francisco Marroquín