Streaming Media

Media Type

Keynote Address

Publication Date

12-28-2004

Description

I wish to commend the FPCCI and UNDP for launching the Report of the Commission appointed by the Secretary General on Unleashing entrepreneurship. The Commission had learned scholars and practitioners such as Prof. C. K. Prahalad and Mr. Hernando de Soto as members for whose views on poverty alleviation are highly refreshing and I have great respect for them. The Report reflects their views and hence the Report is not only useful but practicable. The Commission has made an extremely important contribution to the debate on how to harness the energies and entrepreneurs of the private firms, farmers, businesses – big or small, corporate or individual - for the larger benefit of the majority of the poor. It is also gratifying to note that the fear about the power and domination of multinational corporations and private businesses that has become a rallying point for anti-globalization forces has given way to a more balanced and sobering analysis of the role of private sector and private – public partnership in the Report. The rhetoric against liberalization of trade has been replaced in the Report by the consensus view that open markets support economic growth

Notes

Chief Guest address at the launching of UN Secretary General’s Report on Unleashing entrepreneurship held at Karachi on December 28, 2004

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