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Symposium 2009

Solution for Fighting Against Poverty in the Crisis Aftermath

The Challenge

Poverty reduction has become the central objective of development policy, as reflected in the United Nations’ Millennium Development Goals (MDGs). While economic growth is seen as an important ing ...

Poverty reduction has become the central objective of development policy, as reflected in the United Nations’ Millennium Development Goals (MDGs). While economic growth is seen as an important ingredient in achieving sustainable poverty reduction, the emerging consensus is that growth has to be pro-poor to reach such ambitious targets as the MDGs.

Provide well-tailored and certificated vocational training, especially for workers in the informal economies of poor countries. Include entrepreneurship training and provide startup capital for new businesses.

Improving and extending vocational training to develop appropriate skills is crucial to facilitating transitions to more productive jobs and therefore improves the employability of the work force. Vocational training needs to build on basic education systems. Basic education and life skills development is vital for supporting the economic development process because it improves agricultural productivity and can facilitate the transition of workers from agricultural jobs to work in the secondary or tertiary sectors.

Helping employment seekers become entrepreneurs who create jobs (for example, through self-employment and micro-enterprise) is often a neglected path to entering the labor market. Employment and education policy should therefore include entrepreneurship training. Together with mechanisms that provide startup capital, businesses can be created in a sound economic context.

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    Symposium 2009

    To enable the poor in developing countries to cope with global recession, aid should promote employment, supported by workfare programs, and social protection through conditional cash transfers.

    To enable the poor in developing countries to cope with global recession, aid should promote employment, supported by workfare programs, and social protection through conditional cash transfers.

    To enable the poor in developing countries to cope with global recession, aid should promote employment, supported by workfare programs, and social protection through conditional cash transfers.

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    Formalize employment relationships in developing countries, thereby enabling workers to gain access to social security.

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    Formalize employment relationships in developing countries, thereby enabling workers to gain access to social security.

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    Promote “circular migration” by providing re-entry visas for migrants on renewable short-term contracts, reducing transactions costs for remittances, providing policy incentives for migrants to use their contacts to set up ...

    Promote “circular migration” by providing re-entry visas for migrants on renewable short-term contracts, reducing transactions costs for remittances, providing policy incentives for migrants to us ...

    Promote “circular migration” by providing re-entry visas for migrants on renewable short-term contracts, reducing transactions costs for remittances, providing policy incentives for migrants to use their contacts to set up companies in their home countries, and policies to enable developed countries to pay for the training invested in migrants for poor countries.

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    Solution
    Symposium 2009

    Provide inducements for pharmaceutical companies to invest in the health of poor countries.

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    Provide inducements for pharmaceutical companies to invest in the health of poor countries.

    Academia, Business
    Solution
    Symposium 2009

    Replace crop insurance with IOUs that require farmers to pay only when the harvest is good.

    Replace crop insurance with IOUs that require farmers to pay only when the harvest is good.

    Replace crop insurance with IOUs that require farmers to pay only when the harvest is good.

    Polity, Business, Civil Society
    Solution
    Symposium 2009

    Reform food policy by replacing the public distribution system with a system of food stamps for the poor, combined with private sector activity to purchase, store, move, and distribute affordable ...

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    Reform food policy by replacing the public distribution system with a system of food stamps for the poor, combined with private sector activity to purchase, store, move, and distribute affordable food.

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    Symposium 2009

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    Polity, Business, Civil Society