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Soaking the rich will not help the world's poor

Policies that foster entrepreneurship and job creation are better targeted

| India
People wait in a queue for food in New Delhi in January 2021: The pandemic has driven millions of people in the developing world back into poverty and food insecurity.   © Sipa/AP

Rupa Subramanya is a researcher and commentator. She is a distinguished fellow of the Asia Pacific Foundation of Canada and the co-author of "Indianomix: Making Sense of Modern India."

As the world's richest and most powerful men and women conclude another annual meeting of the World Economic Forum in Davos, the global elite has a lot to celebrate.

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