The 1010 Project | Breaking the cycle of poverty through business education » NGO http://www.the1010project.org Thu, 26 Jan 2012 20:41:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 “Unleash the entrepreneurship of the world’s poorest citizens” http://www.the1010project.org/2010/03/unleash-the-entrepreneurship-of-the-worlds-poorest-citizens/ http://www.the1010project.org/2010/03/unleash-the-entrepreneurship-of-the-worlds-poorest-citizens/#comments Tue, 09 Mar 2010 20:58:53 +0000 Brian Rants http://www.the1010project.org/?p=2871 From time to time we like to draw attention to articles that add important perspective to the discussions of justice and poverty alleviation. This is not an endorsement of the viewpoints, but an endorsement of the importance of these discussions

The Wall Street Journal recently asked eight prominent philanthropists and NGO executives how they would spend $10 billion to achieve the biggest and longest-lasting impact on the world’s problems. All eight came up with great ideas, but the clear winner in my opinion came from leading Swedish businessman and philanthropist Percy Barnevik, who said he would use the money to unleash the entrepreneurship of the world’s poorest citizens.

My experience in Africa over the past 27 years has convinced me that this is the only way for people to break out of poverty. People are poor because they have no sustainable income. It’s as simple as that.

via allAfrica.com: Africa: Create Jobs in Continent, and All Else Will Follow.

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