Page "Anti-globalization movement" Paragraph 61

Many supporters of globalization think that policies different from those of today should be pursued, although not necessarily those advocated by the anti-globalization movement.

For example, some see the World Bank and the IMF as corrupt bureaucracies which have given repeated loans to dictators who never do any reforms.

Some, like Hernando De Soto, argue that much of the poverty in the Third World countries is caused by the lack of Western systems of laws and well-defined and universally recognized property rights.

De Soto argues that because of the legal barriers poor people in those countries can not utilize their assets to produce more wealth.