nyone can tell you what won’t work, but turning the question around and focusing on what will work requires infinitely more focus, commitment and patience. That is especially true when the topic is global poverty.

It is in this spirit that the Foundation recently identified three winners of a prize competition for $1.5 million to promote public understanding of how entrepreneurship and market reforms are alleviating poverty in areas of the world where it has been most oppressive. Winning think-tanks were selected by an independent panel of leading scholars and practitioners. Each organization received $500,000.

The Foundation’s “What Works in Enterprise-Based Solutions to Poverty” program is a new initiative, conceived to actively support research and programs that encourage a greater understanding of the free enterprise system.

Winners of the Foundation’s, “What Works in Enterprise-Based Solutions to Poverty”
awards are:
+ The Fraser Institute, Vancouver, Canada, for a new initiative to measure economic freedom and how free enterprise throughout the Arab world is lifting individuals and families out of poverty. In partnership with the Arab Business Council.
+ The Independent Institute, Oakland, California, for a project to create a new Center for Global Prosperity, under the leadership of Alvaro Vargas Llosa, author of Liberty for Latin America, to examine how market-based institutions are helping to reduce poverty in Latin America and elsewhere.
+ George Mason University’s Mercatus Center, Arlington Virginia, for “Enterprise Africa!,” a joint project with The Free Market Foundation, South Africa, and The London-based Institute for Economic Affairs, to document and communicate the successes of African entrepreneurs and small businesses, as well as the challenges and barriers they face. (see accompanying story on Mercatus)

www.templeton.org/whatworks