The recent news of the stem cell research of Woo Suk Hwang, Seoul National University Professor, astonished the world. China and India, with their vast high-quality human resources, are seeing the rapid growth of their new technology industries such as information technology. These two countries graduate half a million trained engineers and scientists every year, eight times the number emerging from the US colleges.
Similarly, in the Little Haiti neighborhood in Miami, another case-study community that I had the opportunity to visit last year, one banking institution has committed to serving the neighborhood's unbanked residents by hiring Creolespeaking staff to promote a prosperity campaign built around the Earned Income Tax Credit.