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Poor people of the world, start a business - -

By David R. Francis

from the June 17, 2004 edition

Poor people of the world, start a business

 
In the search for answers to grinding poverty, the world's rich nations have decided on a new tack. It's radical in its simplicity: For poor people to succeed, let them start a business.

The plan is one of those rare confluences of similar thinking. The Bush administration likes it. So do the French. It was endorsed at last week's summit of the Group of Eight in Sea Island, Ga. Development experts and even many poor nations endorse the idea.

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