Treating business and education as bookends upholding prosperity, President Clinton today called for opening markets and investing in schools as the best formula to raise living standards around the world.
"Globalization is irreversible. Protectionism will only make things worse," the president told business leaders. "But while we cannot turn back the winds of change, we can and must do more to harness their force to everyone's advantage and make sure that the benefits and burdens of expanding trade are fairly borne."
The president appealed to business leaders to help erase "the age-old curse of Latin America" -- a cultural tradition in which limited access to education fosters the glaring disparity between rich and poor.
After his speech in this wealthy financial and industrial capital, Clinton was flying to Rio de Janeiro for an appearance in one of the city's poorest slums. He was to visit the Mangueira School, a privately funded model project that combines education and sports to uplift children.