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4.6 Conclusions: Working Out of Poverty
Institution building for decent work and poverty reduction
1.14 Our common challenge: Working Out of Poverty
Poverty is not just a problem of the poor. It is a challenge for all defenders of social justice and all seekers of sustainable growth. The goal of a stable and prosperous world economy is only possible if the productivity and consumer power of all its citizens are realized. A successful drive to raise the consuming power of the majority of the world’s population, particularly those on the lowest incomes, is fundamental to the broadening and deepening of markets – the lifeline of enterprise and growth. Only when the poor become real consumers will the economy become truly global.

Other global economic integration Related Articles

What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.
Benefits of Regional Economic Integration
Regional economic communities are formed because of the expected benefits from them. An important feature of the higher levels of integration is free trade among members.
Regional Economic Communities in Africa
Regional economic integration has a long history in Africa. The South African Customs Union (SACU) was established in 1910 while the East African Community (EAC) was set up in 1919. The East African Community collapsed in 1987 but is now being actively revived. Currently there are 14 regional economic communities in Africa.
Small Business Fuels the Economy
On a global basis the news continues to be gloom and doom on the economic front. Major corporations around the world continue to downsize or right-size as they attempt to move towards profitability. Jobs are disappearing at an alarming rate. Along with the jobs go the economic benefits of full employment. There is, however, a brighter side to this economic picture. This can be found in the area of small business.
SURVIVING THE ECONOMIC DEPRESSION BY CREATING A STRATEGY FOR YOUR BUSINESS DEVELOPMENT
This economic recession times calls for measures not just to make our business survive but make us come out stronger. Sound strategies are what will separate men from boys. Business leaders creating and harmonizing their strategies to fit the economic future will leap more once this economic recession is over. A strategy will help your business fit in the global economy once this economic depression is over. But how do you create a strategy?

Home Business Opportunity - Recession Affects On Your Business
A Home Business Opportunity is a highly searched keyword term on all search engines due in part to the current economic climate. The global economic slowdown has made all of us fully aware of the impact that a recession has on everyone's job security.

US and International Financial Regulations
In this article we will look at accounting standards; discuss original purpose of their creation and consider the future of the financial regulation in general. We will get familiar with some of the major concepts of US financial accounting and its integration process into the global system of rules.

WUSME World Union of Small and Medium Enterprises: The new home of SMEs supporting institutions
One of the top-priorities of the WORLD UNION OF SMEs (hereinafter called the “UNION”) will be to provide widespread information and to foster awareness among the various national institutions of the Countries belonging to the UNION as regards the true needs of micro-, small and medium enterprises which represent the basis of the economic fabric of all societies. The UNION shall develop strategies to support the growth of this vital global economic sector and identify annual activities to facilitate relations with national associations and to create opportunities for integration between the representatives of different Countries and geographic areas.
Millennium Development Goals need sound SMEs = More Jobs = Less Poverty
Due to the global economic crisis more than 60 million more people, among them millions of small- and micro entrepreneurs, primarily in the less developed countries will be in poverty in this year 2010.Many of the achievements in recent years made to facilitate business of SMEs in the world, to reduce poverty in less privileged economies have seriously been jeopardised by shrinking demand for SMEs export products, increasing prices for energy and food, falling commodity prices, significant reductions in foreign investment and a general liquidity shortage. The strong interdependence among the worlds' economies made this a literally global economic crisis and human tragedy.
From Entrepreneurship to Entreprenology: New findings of entrepreneurial research
In a difficult global economic environment, it is more important than ever to put into place strong fundamentals reinforcing economic growth and development and it is more important than ever to establish a global World Union of SME supporting Organisations and Institutions as the basis for an effective and sustainable SME oriented policy focusing at practicable actions instead of well-intentioned declarations that could never really help SMEs to overcome difficult times and particular situations.

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