Strong private sector and creating jobs, the way out of poverty says World Bank

Tuesday, October 2nd 2012 - 05:58 UTC

Full article 5 comments

In developing countries, jobs are a cornerstone of development, with a pay off far beyond income alone. They are critical for reducing poverty, making cities work, and providing youth with alternatives to violence, says a new World Bank report. Read full article

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Usurping Pirate
But surely the KFC model of squeezing the middle class dry and giving the money in handouts to people who haven't the slightest intention to work
is the best economic model ?
Oct 02nd, 2012 - 07:23 am - Link - Report abuse 0
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pecurto
Comment removed by the editor.
Oct 02nd, 2012 - 11:00 am - Link - Report abuse 0
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Ken Ridge
@1 We are a little guilty of that too in the UK I'm afraid to say, there is an element of UK society that will not work regardless of economic times. Even in the late 90's early 2000 there was still over a million unemployed because they didn't want to work and were and still are quite happy on state handouts.

As a society we have rejected work that many think are below them such as cleaners, production operatives etc which has now been filled with immigrant workers who as a result ship all their cash back home.
Oct 02nd, 2012 - 04:24 pm - Link - Report abuse 0
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BAMF Paraguay
Ken - It is very simple to resolve: just stop giving them government hand outs. But then the politicians would loose votes and get scared that they won't be reelected. So I guess we will always have parasites living off the productive sector....such is life.
Oct 02nd, 2012 - 10:41 pm - Link - Report abuse 0
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British_Kirchnerist
But how to create jobs? One person't job stifling government handout is another person's job creating state investment...
Oct 03rd, 2012 - 02:19 am - Link - Report abuse 0
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