Word: underground
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...entrepreneurship of the poor has produced assets in the “underground economy” worth over $9 trillion. But the poor are prevented from entering the legal realm by bureaucratic runaround. To document the extent of the challenges, Peruvian economist Hernando de Soto describes in The Mystery of Capital how he tried to obtain legal permits to build a small house and license one sewing machine for commercial...
Prohibitive laws plague most developing nations in both rural and urban areas, usually requiring 10-25 years of bureaucratic hassles to obtain property rights. In advanced nations this takes only weeks. Huge underground economies persist from Mexico to Russia, Manila to Cairo, and Haiti to Nigeria...
...familiar landscape. There are 3.5 miles of tunnels running under this University, and the heat they radiate melts the snow above. Knowledge of the extensive tunnel system used to be more common, as students would regularly explore them. But, for the past few decades, Harvard’s underground world has remained hidden in the annals of Harvard lore...
...Stone and other University officials haggled over the underground passageway with City Council members and neighborhood residents, at stake was whether the University and its neighbors could compromise even when the main players were not just on speaking terms but actively negotiating...
...many of the tunnel’s would-be neighbors were not convinced that the two buildings merited an underground connection...