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Creating sustainable win–win situations

Abstract:

The private sector has an important role to play in poverty reduction. Business transactions are voluntary in nature and therefore are likely to result in win–win situations for all parties involved. Lessons concerning poverty reduction and wealth creation from various parts of the world are examined, and recommendations for both the public and private sectors are made. In addition, non-financial benefits of the private sector and voluntary business transactions are identified.

Key words

Africa

South America

poverty reduction

wealth creation

Asia

private sector

Poverty worldwide

Asia is the continent where the majority of the world’s poor live and also the area which has seen the greatest ...

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