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 KYLE, S.D. (AP) - Private ownership around the world is key to easing poverty, outgoing World Bank President James Wolfensohn said as he toured the Pine Ridge Reservation, one of the poorest areas in the country.
"To me what I'm seeing here isn't the poverty, it's the chance to see new businesses that are being established and meet entrepreneurs that are taking their future into their own hands," Wolfensohn said Saturday on the home of the Oglala Sioux Tribe.
"The difficulties we're trying to solve around the world are to be found right here. The first is ownership. The second is lack of recognition," he said.
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