回到最初的问题：德索托的理论是正确的，1990年代的改革也曾奏效，为何秘鲁仍然重新陷入危机？答案是：产权改革只是第一步，制度建设却是长期工程。改革让资产可以资本化，却没有解决更根本的问题——谁来持续保护这些产权？
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After two decades of deferring to executive authority and eroding anti-bribery laws, the supreme court has suddenly limited presidential power in a way that could make one ugly form of political influence a bit more difficult to pull off. Last week’s ruling did not merely strip one president of his executive power to unilaterally impose levies across broad swaths of the economy – it makes it harder for any president to transform tariffs from a broad economic policy into a personal political cudgel that muzzles criticism and enforces fealty.，这一点在搜狗输入法2026中也有详细论述
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