Good article. One of the key drivers behind the growth of capitalism in the developing world is the use of micro-credit, small loans to small businesses (e.g., artisans and farmers) who use the funds to buy raw materials and equipment. Institutions such as the Grameen Bank in Bangladesh (http://www.grameen-info.org/) and many others that use Grameen as a model have had remarkable success, including lower than average default rates.
I would wager that an initiative that combines micro-credit with the ebXML framework, backed by relevant UN agencies, would have a good chance for success. In this case, e-business based on ebXML could help open up markets and supply chains that the local business people (many of whom are women, especially in the poorest countries) could exploit. Alan Kotok [EMAIL PROTECTED] http://www.technewslit.com/ Editor, <E-Business*Standards*Today/>, http://www.disa.org/dailywire/ Co-author, ebXML: The New Global Standard (Sept 2001, New Riders), http://www.ebxmlbooks.com/ David RR Webber - XML ebusiness <[EMAIL PROTECTED]> wrote: >An interesting recent article, and shows that provide the means >and people will reach to it. > >Have a good weekend. > >DW. >========================================================================== >Message text written by INTERNET:[EMAIL PROTECTED] >> >Distributing world wide wealth > >E-commerce is bringing benefits to people in poor parts of the world, >writes Clint Witchalls > > --- You are currently subscribed to xmledi-group as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED]
