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Friday, December 26

Peru's latest tool in the war on drugs: land ownership | csmonitor.com

Peru's latest tool in the war on drugs: land ownership: "Authorities have also seized 7.4 tons of cocaine totaling $7.4 billion in US street value. Based on the amount of coca in the country, Peru could produce up to 150 tons of cocaine annually. It is second after Colombia both in acres planted with coca and in cocaine production." Christian Science Monitor Do the math -- the Peruvian authorities are stopping about 4% of the annual cocaine or coca paste production. There have been experiments and initiatives with land titling since at least the early 1990s, when Hernando de Soto was partnering with the Fujimori government. A leading problem has always been that the governments (U.S. and Peruvian, plus switches between administrations) never lives up to its long-term commitments.



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