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The rationale for the conversion is sound business strategy.
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Because of the discounted conversion prices in death spirals, this strategy became more rewarding.
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Strategy and execution has to be joined by a very strong psychological conversion of beliefs, from the old patterns to the new.
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Mr de Soto even got the elder George Bush to support this strategy, in exchange only for a signed pledge from farmers that they would begin a programme of crop conversion away from coca.
ECONOMIST: Face value
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