Thursday, February 23, 2006

Welfare system kills entrepreneurship :: Gulf News

Quote:
A senior member of a leading business group, Kanoo, on Wednesday criticised "forced nationalisation" of jobs in the GCC, saying such policies were not helpful for private sector growth.
. . .
He said he was against Gulf welfare policies extending to provide guaranteed jobs to citizens.

"A welfare system kills entrepreneurship," Kanoo said, adding that welfare policies should be used to build educational and healthcare infrastructures rather than provide "handouts" in the form of jobs.

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