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Executive insight – Endeavor Global

by Peter Kellner

Entrepreneurial progress is made in a nation when leaders inspire, transform and generate jobs and opportunities. That means tax incentives for new businesses. In emerging markets, it also calls for the introduction of incentives for entrepreneurs and the bold people who join them — their employees — to get the equivalent of capital gains treatment for thebenefits they acquire based on the risks they are taking. The United States has great examples of how this ethos works (despite it being somewhat under fire as we work our way out of the financial crisis). India, China and the Middle East and North Africa (MENA) would be well served by meeting these regulatory demands, which liberate human potential. Here we are in 2011. The MENA is ripe for growth,Brazil and India are on the rise and China is aspiring for world leadership.But none of this will happen without a strong foundation inentrepreneurship.  Amjad Aryan,

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