Global Poverty and the Paradox of Plenty
Jeffrey D. Sachs, director of The Earth Institute at Columbia University, discusses progress toward global poverty reduction, foreign aid challenges, and decisions faced by the United States.
Watch Muhammad Yunus, founder and managing director of the Grameen Bank and recipient of the 2006 Nobel Peace Prize, discuss the role of microcredit in fighting poverty.
The private sector is recognized as the engine of economic growth, and growth is recognized as a key condition for poverty alleviation. But effectively promoting private investment in the developing world has proven to be a major challenge for those in the field. R. Glenn Hubbard and Lars H. Thunell discuss the relationship between foreign aid and local business in the developing world.