Initiatives in real sector  Ladies and Gentlemen, Beginning this 21st century, we are still faced with the issue of social exclusion that I mentioned earlier this evening. When a group in society is systematically overlooked socio-  BIS Review 8/2008  43  economically they feel a great desire to improve their rights and welfare, or what Amartya Sen coined social deprivation.
Then, at that point poverty exists as an ontological entity. Amidst unlimited supply of labor, social exclusion is shaking the very meaning of the social contract in our country. Those confined to the lower echelons of the socio-economic pyramid feel that their world is not protected by the social contract they are engaged in.