| Chapter 2: | Poverty and the Knowledge Economy |
Chapter 2
Poverty and the
Knowledge Economy
Brilliant theorists of economics do not find it worthwhile to spend time discussing issues of poverty and hunger. They believe that these will be resolved when general economic prosperity increases. These economists spend all their talents detailing the processes of development and prosperity, but rarely reflect on the origin and development of poverty and hunger. As a result, poverty continues.
—Yunus, Banker to the Poor (2003, 35)
Today's economic circumstances make higher education a more compelling need in developing countries than it has ever been.
—United Nations Millennium Project Task Force (2005, 90)
Poverty
The current goal of an intergovernmental organization (IGO) that engages in international development is to reduce poverty. There are