How could poor countries develop better systems to eliminate poverty? It seems that having the right balance of systems and approaches could ignite the innovative potential of these countries.
According to an HBR Article - Inclusive Growth: Profitable Strategies for Tackling Poverty and Inequality
"The situation is far worse in the developing world. Although growth has raised the standard of living in Africa, Asia, and Latin America, more than a billion people remain in extreme poverty and outside the formal economy. This is especially true in countries with large rural populations, where smallholders are shut out of the supply chains of nearby food companies because they lack knowledge of modern agricultural practices and the means to access and finance needed technology inputs. Developing nations also suffer from massive talent gaps. Large numbers of young adults are unemployed, while corporations find planned expansions stymied by a shortage of skilled local workers."
UK Chartered Engineer and Manager focused on Innovation in Networking technologies