Articles

War, Peace and Economics: Future of Human Beings

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War, Peace and Economics: Future of Human Beings Muhammad Yunus There is not much disagreement on the fact that the future of humans on this planet is extremely limited. It may not extend more than a century unless some drastic actions are taken in the immediate years. We are also reminded that the scope of taking actions to counter the ongoing process is much shorter than a century; it may be less than half a century. After that time, the planet will enter the red zone where the ongoi...

Future of Mobility

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Muhammad YunusI vividly remember one of my most memorable trips I ever made. In the year 1955, I was part of the boy scout group who got the chance to travel to Europe and North America to the 10th World Jamboree of Boy Scouts held in Canada. I was fifteen years old. It was an unforgettable journey full of inspiration that left a lasting imprint on my mind. For instance, it was quite an experience crossing the Atlantic both ways in luxury liner ships, watching the emergence of countries in Europ...

ভবিষ্যতের যানবাহন

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মুহাম্মদ ইউনূসআমার জীবনের সবচেয়ে স্মরণীয় সফরগুলোর একটি আমার স্মৃতিতে এখনো উজ্জ্বল হয়ে আছে। সেটা ১৯৫৫ সালের কথা। সে বছর কানাডায় অনুষ্ঠিত বয় স্কাউটদের ১০ম বিশ্ব জাম্বুরীতে অংশগ্রহণকারী ব...

Rural Economies Must be Built As Independent Economies

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Rural Economies Must be Built As Independent EconomiesTo Unleash the Creative Energy of People Professor Muhammad YunusNobel Peace Laureate 2006Founder of Grameen Bank Economists always imagined urban economy as the engine of the economy. Rural economy was assigned the role of supplier of  labour and agricultural inputs.  It may had justification in the past given the lack of basic infrastructure in the rural areas. But not any more. Although the world has changed, the u...

Muhammad Yunus : « La crise du coronavirus nous ouvre des horizons illimités pour tout reprendre à zéro »

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L’économiste et Prix Nobel de la paix Muhammad Yunus appelle, dans une tribune au « Monde », à repenser le monde de l’après. Pour lui, la reconstruction doit être sociale et écologique, pour éviter une catastrophe qui pourrait être bien pire que l’actuelle.Publié aujourd’hui à 05h45, mis à jour à 08h45 Temps de Lecture 8 min.  Source: https://www.lemonde.fr/idees/ar...

No Going Back

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Post-Corona Reconstruction ProgrammeNo Going BackMuhammad Yunus Nobel Peace Laureate 2006Founder, Grameen Bank, The Bank for the Poor Extent of damage that Corona pandemic is causing the world is just mind boggling. However despite this massive damage it offers us an unparalleled opportunity.  Right now the whole world has to address a big question. It is not about how to get the economy running again. Luckily we know the answer. We have gathered good experiences of managing ...

করোনা মহামারীঃ সময় দ্রুত হারিয়ে ফেলছি

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মুহাম্মদ ইউনূসআমি শুধু সময়ের দিকে সবার দৃষ্টি আকর্ষণ করতে চাচ্ছি। প্রতি মহুর্তে যেন আমরা সুযোগ হারিয়ে ফেলছি। এখনো বিষয়টা বুঝে উঠতে পারলে আমাদের সামনে  যেরকমের যুদ্ধ আমরা সেরকমের প্রস্ত...

Corona Pandemic: Time Is Running Out Fast

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Muhammad YunusI want to draw everyone's attention to time. It is running out fast.With every passing moment, we are losing the opportunity we still have.If we can comprehend the severity of the massive Corona war, we had better prepare ourselves appropriately. As our everyday life goes on today, it is very clear that we have not been able to present the picture of what is about to happen to the entire nation almost overnight.  If we could enable people to comprehend the reality, we could mo...

Why Social Business?

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-Professor Muhammad Yunus In 1976, when I began the Grameen Bank project, I was merely trying to help a handful of people in Jobra, a small village next to Chittagong University where I was teaching.I had found that the poor men and women there remained slaves to the local money-lenders for tiny amounts of money to support their income generating activities. It was then that I decided to lend 42 people an amount $27 dollars of my own money to free themselves from the loan sharks. I was astounded...

This 'bank for the poor' could hold the key to ending poverty and inequality

Last Updated : 29th November, 2016

Publisshed Date: 27 November, 2016Published By: wired.co.uk Source: Link: http://www.wired.co.uk/article/stop-wealth-concentration-grameen-bankThe WIRED World in 2017Nobel Peace Prize winner and founder of Grameen Bank, Muhammad Yunus, on how to stop wealth concentrationBy Muhammad YunusSunday 27 November 2016  People living in tents made of polythene in Jaflong Stone Quarry, Bangladesh. One-third of the country's population lives below the poverty line. Credit: Pacific Press/GettyIn 2016, ...

Bangladesh and Its Giant Neighbors

Last Updated : 17th January, 2015

By Muhammad Yunus Stable infrastructure, good governance and reduced corruption could help Bangladesh lift itself out of poverty. In this Globalist Bookshelf feature from Creating a World Without Poverty, Muhammad Yunus examines the importance of Bangladesh's geographic location and explores how the country could become a global mega-port. Bangladesh is a lucky country. It can easily create a dynamic economy by exploiting its attractive geographical location, flanked by two giant, rapidly grow...

We are not job-seekers, we are job-givers

Last Updated : 17th January, 2015

Turning unemployment into entrepreneurship Muhammad Yunus Grameen Bank started out with a tiny initiative in the village of Jobra in 1976. In 1983 it became a formal bank. Now in 2014 it has over 8.5 million borrowers. Right from the beginning we paid attention to two things: (1) Borrowers build the habit of savings by putting money every week in a savings account. We encouraged them never to give up this habit; (2) Borrowers should send their children to school. We paid highest attention to t...

Social Business and the Pursuit of Happiness

Last Updated : 10th June, 2015

The global capitalist system today is driven by the notion that people are selfish and are solely motivated by the need for profit maximization. It makes the assumption that if each individual person pursues that goal, then the world overall will be a better place. We have seen that is not true. Neither are people all happier through maximizing profits, nor are the problems of the world solved. Many would argue that the problems of the world are in some cases made more acute by the single minded...

Women at the center of our economic activity

Last Updated : 10th June, 2015

In the past 60 years or so, we have seen capitalism reach its peak. We have seen the socialist economies fall away and move rapidly toward capitalism. This has undoubtedly brought unprecedented wealth and prosperity in many parts of the world and to many people. At the same time, millions — if not billions — have been left behind. We have seen the deep financial crises grip the world economy since 2008, and we have seen huge numbers of people becoming unemployed even in the so-calle...

The Problem of Poverty in Bangladesh

Last Updated : 10th June, 2015

Ever since its founding, Bangladesh has been known as one of the world's poorest countries. There has been an ongoing battle against challenging living conditions overcrowding, floods, deforestation, erosion, soil depletion and natural calamities. As Grameen Bank founder and Noble Prize winner Muhammad Yunus argues, solutions are available provided we are willing to entertain fresh thinking about poverty and its remedies. I don't think we can blame fate, nature or God for our troubles. The real...

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