Could a "social movement" end poverty within a generation? That's what Jim Yong Kim, the president of the World Bank, said last week in Washington. He may be right, but he's also got the wrong kind of movement in mind. COMMENTS (0) SHARE: Twitter Reddit More... Kim envisions a global movement where people from dozens of countries come together to fight poverty by making huge social investments and demanding progress on issues like corruption and climate change. But that's not the most direct way to help economies grow and raise the purchasing power of poor people. Economic growth happens when the work force either expands or becomes more productive. The Kama...
↧
