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Fourteen Points for the Twenty-First CenturyA Renewed Appeal for Cooperative Internationalism$
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Richard H. Immerman and Jeffrey A. Engel

Print publication date: 2020

Print ISBN-13: 9780813179001

Published to Kentucky Scholarship Online: January 2021

DOI: 10.5810/kentucky/9780813179001.001.0001

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PRINTED FROM KENTUCKY SCHOLARSHIP ONLINE (www.kentucky.universitypressscholarship.com). (c) Copyright The University Press of Kentucky, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in KSO for personal use.date: 29 June 2022

A Twenty-First-Century War on Poverty

A Twenty-First-Century War on Poverty

(p.173) 8 A Twenty-First-Century War on Poverty
Fourteen Points for the Twenty-First Century

Giselle Aris

University Press of Kentucky

Using Woodrow Wilson’s Fourteen Points as a foundation, this chapter highlights poverty and wealth inequality to illustrate the problems inherent in uneven economic advancement. Governmental assistance and private philanthropy are not doing enough to address poverty, so the author proposes the use of impact investing, blended finance, and shared value partnerships to promote investment and business opportunities, even as these mechanisms take into account social and environmental costs. The chapter concludes by underscoring the importance of these flexible business models to tackle the large-scale challenges faced in the twenty-first century.

Keywords:   Woodrow Wilson, development, poverty, wealth inequality, impact investing, blended finance, shared value partnerships, business, governmental assistance

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