- The only viable option for rapidly and consistently increasing the income of the poor majority is to enable them to earn more. They can only do this if there is greater demand for their labour, their primary source of income.
- The best development strategy leaves the ownership and management of enterprises in private hands, and lets the market determine prices and distributions decisions. Government will only intervene to regulate or operate natural monopolies, provide compensation for market externalities and distortions, and reduce tensions that may arise if reforms were to cause extreme distress for the poor.
Op-ed: Business has role to play in plotting path to economic reform