Prominent Oakland Think Tank Wins John Templeton Foundation Award For ’’What Works in Enterprise-Bas
Monday, May 23, 2005
The Independent Institute is launching the new Center on Global Prosperity to examine potential enterprise-based solutions to end abject poverty in developing countries in Latin America and around the world. The Center is the result of a $500,000 award from the John Templeton Foundation’s “What Works in Enterprise-Based Solutions to Poverty” competition. The Independent Institute, a non-partisan,scholarly public policy organization based in Oakland, California, was selected from among fifteen invited think tanks as one of three recipients of the award.
“We are very encouraged by this prestigious award,” said Alvaro Vargas Llosa, Senior Fellow at the Independent Institute, and the Center’s Director. “Our new Center on Global Prosperity will conduct case-studies of many communities in Latin America and other parts of the underdeveloped world that
have actually been able to create wealth by using their entrepreneurial and innovative spirit to overcome numerous obstacles,” said Mr. Vargas Llosa, who has written a new book about resolving poverty in the region, LIBERTY FOR LATIN AMERICA: How to Undo Five Hundred Years of State Oppression.
Press release found here.
Source: Independent Institute