Saturday, April 04, 2009

The Road out of Poverty

World Bank recently finished a study in which they interviewed 60,000 people in 15 different countries about the obstacles in getting oneself out of poverty. The study concluded that the inability to escape it is not due to a lack of will or perseverance, but rather a lack of opportunity. Those who have successfully risen out of poverty have done so as a result of hard work, but also because of access to jobs and markets. To help others escape poverty, the study concludes that it is important to improve access to telephones, roads, electricity, irrigation, loans to be used for production, business skills, and information on how to connect to markets.
Source: World Bank