Single Most Important and Revolutionary Factor for Economic Development and Empowerment?
Over the last several years, what has been the single most important and revolutionary factor for the economic empowerment of the world’s poorest people?
Hint: It’s not foreign aid, the World Bank, or the International Monetary Fund.
Hint: It has compensated for inadequate infrastructure such as bad roads and slow postal services, it has facilitated the flow of information, it has allowed emerging market economies to operate more efficiently, and it has helped unleash entrepreneurship in some of the poorest countries in the world. And having it is “almost like having a card to get out of poverty in a couple of years.”