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Book Creating a world without poverty

FU413341

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Ukrainian
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In his book, Nobel Peace Prize laureate Muhammad Yunus proposes a new economic model - “social business”. According to this model, the purpose of business is not to make a profit, but to create social benefits: for example, to feed the poor. However, this is not a charity, since investors are returned their initial investment, but all profits are reinvested into the same business, which is directly related to the social cause. The author also proposes a microfinance approach where small amounts of money are given as loans to poor people to start and grow small businesses. This allows them to earn income and provide themselves with a decent life. Professor Yunus's economic model is not an abstraction - he is first and foremost a practitioner who has created many businesses in his home country of Bangladesh, as well as in developing countries around the world, which has lifted millions of people out of poverty.



The book’s text has been translated from the original language using an artificial intelligence system. In most cases, the translation is accurate and clear, but occasionally there may be incorrect phrasing or individual words left untranslated.
Name of the Author
Алан Жоли
Мухаммад Юнус
Language
Ukrainian
Release date
2010
Translator
Ирина Викторовна Савельева

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Book Creating a world without poverty

In his book, Nobel Peace Prize laureate Muhammad Yunus proposes a new economic model - “social business”. According to this model, the purpose of business is...

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