Poverty Reduction Through Private Sector Development in Georgia: Policy, Practice and Perspectives (Report‪)‬

Introduction: Problem Statement Ten years have passed from the time when poverty reduction became a global objective (1). It is understandable, given the fact that poverty has become a problem affecting more and more people worldwide over the last decades. At the end of the 20th century, it became clear that the world could not have survived without developing some special poverty reduction programmes. The UNDP and the World Bank have worked together extensively to initiate such programmes and to develop some integrated conceptual schemes. Eradication of extreme poverty and hunger is one of the key UN millennium development goals.