Halving poverty by 2015--we can actually make it happen
Bibliographic Data
| ID | 10478228 |
|---|---|
| Authors | Muhammad Yunus (0009-0008-4655-4603, corresponding author) |
| Year | 2003 |
| Volume | 92 |
| Issue | 370 |
| Pages | 363-375 |
| Publication date | 2003-07-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Round Table (JOURNAL) |
| Journal identifiers | ISSN: 0035-8533 • E-ISSN: 1465-4008 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/0035853032000111099 |
| OpenAlex | W2006174011 |
| Language | EN |
| Citations received | 6 |
Bangladesh's Grameen Bank, founded in 1983 to enable people in poverty to borrow small amounts of money cheaply, has had a demonstrable effect on that country's development and its microcredit model is now replicated in almost 100 countries. Its founder argues that self-employment is the quickest and easiest way to create employment in Third World economies. But he suggests that the goal of ending world poverty will be difficult to achieve while economic success is measured by personal financial gain rather than social gains. The narrow focus of the markets on financial returns excludes entrepreneurs and investors whose objective is primarily social rather than their own enrichment. The Commonwealth could make a significant impact on the world by encouraging social investment through an expansion of financial services for the poor and helping to meet the Millennium Development goal of halving poverty by 2015
Business · Commonwealth · Development economics · Economic growth · Economics · Financial market · Investment (military · Millennium Development Goals · Political science · Politics · Poverty · Finance · Global Health and Epidemiology · Microfinance and Financial Inclusion
| Citations per year | 0.3 |
|---|---|
| Citation span | 2006 - 2025 (20) |
| Highly cited | No |