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Entrepreneurship and the development challenges of the 1990s

image of Entrepreneurship and the development challenges of the 1990s

Unfavourable global economic conditions and disappointments with past development strategies have focused new attention on domestic policies and institutions. A growing consensus recognizes that appropriate interaction between government activities and market forces, rather than exclusive emphasis on one or the other, provides the most conducive environment for tackling the complex problems of sustained economic development and the alleviation of global poverty. Although it would be naive to assume that there is any simple solution to these problems, a longer-term vision of change in which entrepreneurship has a key role can open new perspectives on the challenge of development.

Related Subject(s): Economic and Social Development
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