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Davos Open Forum 2005-Entrepreneurship: Key for Development?

Friday Jul 4, 2008

Entrepreneurship: The Key for Development? Ensuring the inclusion of the poor in the overall growth process remains a global challenge and fostering entrepreneurship is considered part of the answer. The provision of credit to the poor -- highlighted by the "International Year of Microcredit 2005" -- is vital, along with other tools, to promoting entrepreneurship and reducing poverty. 1) How can entrepreneurship be promoted in order to stimulate bottom-up development? 2) What challenges and dangers do new microcredit instruments pose for the poor? 3) What is the potential role and responsibility of the private financial sector in fostering development? Priscilla Daniel, Programme Executive, ECLOF - Ecumenical Church Loan Fund, Switzerland Walter Fust, Director-General, Swiss Agency for Development and Cooperation, Switzerland Walter B. Kielholz, Chairman of the Board, Credit Suisse Group, Switzerland Mandisi Mpahlwa, Minister of Trade and Industry of South Africa Roshaneh Zafar, Managing Director, Kashf Foundation, Pakistan; Social Entrepreneur Moderated by Ernst A. Brugger, Managing Director, Sustainability Forum Zurich, Switzerland

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