According to De Soto, the problem is in the fact that most developing countries’ residents hold resources in defective forms. A typical example of this, Ladies and Gentlemen, is, a house built on land whose ownership rights are not adequately recorded and not tradable. In such an environment, this asset cannot be turned into capital and cannot be used as collateral.
As a Working Group, we need to see the translation to active usage of all these positive developments. It is promising to note that we are beginning to gain ground on the financial access points being now visible in our countries, but this must simultaneously be accompanied by active usage.