12 December 2012

UN passes resolution "Entrepreneurship for Development"

Surprising, but welcome, to see the UN embracing entrepreneurship--

U.N. General Assembly passes Israeli-proposed resolution | JTA - Jewish & Israel News: "The resolution calls on governments to foster entrepreneurship and include all interested parties, according to Globes. The resolution also says that forming partnerships between the private and public sectors also creates jobs and promotes investment, and advances economic growth in a country. . . "

UN document

" . . . Entrepreneurship is a powerful engine that can propel the global agenda forward. It is a major tool for reducing poverty, improving social conditions and confronting environmental challenges. It empowers people and generates solutions that help communities overcome old problems with new ways of thinking. It is an important driver of economic development, job creation and expanding opportunities for women and youth. Indeed, eight years ago, the Commission on Private Sector Development of the United Nations Development Program stated in a report that, "It is about realizing that the poor entrepreneurs are as important a part of the private sector as the multinational corporation. ... It is about unleashing the power of the local entrepreneur to reduce poverty in their communities and nations." But the benefits of entrepreneurship go beyond pure economics. As individuals become more self-sufficient and empowered, they are more likely to seek higher levels of education and better living conditions for themselves and their children. As President Paul Kagame of Rwanda put it, "entrepreneurship is the surest way for a nation to meet its goals and to develop prosperity for the greatest number of people."" (Beverly Schwartz in CNN.com)

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