This profile was prepared when Peter Nares was elected to the Ashoka Fellowship in 2007.
This profile is dedicated to the memory of Peter Nares who passed away in April 2016. Poor people under welfare states are provided with enough income to survive but lack the opportunities to save and invest in a better future. Peter Nares has stimulated new forms of community practice and public policy to combat poverty by expanding the opportunities of those living in poverty to participate in and benefit from the mainstream economy. Peter is one of the international leaders of the transition from income maintenance and social support to the Investment State—one of the dominant development paradigm shifts of our time.
The New Idea