Tuesday, October 28, 2008

Wealth does not always alleviate poverty

Quote (Answer) from Peter Harrold, World Bank, Ghana from Sector Wide Approaches: Do They Really Help The Poor? – Proceedings of a Regional Forum 13 to 16 November 2001, Accra, Ghana
Question: Why are Poverty Reduction Strategy Papers (PRSPs) focused on poverty reduction and not on wealth creation?
Answer: Because you can have economic growth and wealth in a country without alleviating poverty, and therefore it is important to focus on poverty.

1 comment:

ham24 said...

Hey Jules,

We still miss you and hard to believe it's almost a year...Ready to come back?? Just for your information we had a major restructing here and I am now in London.

Hope to see you soon!
Chris