It's about time. Some of have known this for ages
VOA
A United Nations Commission has endorsed entrepreneurship as a key to eradicating poverty in developing countries. Secretary-General Kofi Annan formed the commission last July to study how private sector potential might be unleashed to alleviate poverty.
It is an idea that might have been ridiculed in the halls of the United Nations a few years ago. A report issued Monday at U.N. headquarters concludes that the primary responsibility for achieving growth and equitable development lies with the developing countries.
The panel, headed by Canadian Prime Minister Paul Martin and former Mexican President Ernesto Zedillo, says the eradication of poverty is dependent on domestic policy reforms that would spur local business.
In unveiling the report, Prime Minister Martin called it an example of fresh thinking on ridding the world of poverty. "Make no mistake, this is a new pillar of development. Unleashing local private enterprise supported by strong indigenous domestic and democratic institutions," he said.
VOA