Economic Development Futures Journal

Saturday, July 26, 2003

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U.N. Gives More Attention to Small Business

The United Nations launched a commission that will seek to harness small business as an engine for economic growth in poor countries. This is no substitute for other economic development strategies, such as foreign business recruitment, but it will ensure that a base of small entrepreneurs develops in poorer nations.

Former Mexican President Ernesto Zedillo and former Canadian Finance Minister Paul Martin will be co-chairmen of the Commission on the Private Sector and Development, which was convened by Mark Malloch Brown, head of the U.N. Development Program.

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