Friday, December 03, 2004

GreenBiz | News Center | Columns

GreenBiz | News Center | Columns:
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"The role of business in addressing poverty is crucial, but until now, it has abdicated responsibility in a number of ways. It has argued that economic growth naturally leads to development, which the U.N. shows statistically is neither an obvious nor automatic link. Second, business has claimed that poverty alleviation is the responsibility of government, not the private sector. Third, companies have pointed to their charitable activities as their contribution to solving the problem. The fact of the matter is that business is going to have to get far more actively involved if any headway is to be made into poverty reduction, and it is in their best interests to do so. "

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