It is estimated that eight of the world’s richest men control as much wealth as the poorest half of the population, according to a recent Oxfam report. This concentration of wealth has widened the gap between rich and poor, and women often suffer the most acute effects of poverty. Tackling this inequality requires a new economic vision, according to Nobel Peace Prize laureate Muhammad Yunus. Yunus’ microfinance model has empowered over 150 million people worldwide, reducing poverty, unemployment, and incentivizing entrepreneurship among low-income individuals in Bangladesh--with 97% of loans offered to women. Join the Council on Global Affairs, Muhammad Yunus, and Susan Davis for a discussion on how we can tackle worldwide poverty in a way that creates jobs, empowers youth, utilizes technology and is sustainable for our planet.
Muhammad Yunus’ latest book is A World of Three Zeros: The New Economics of Zero Poverty, Zero Unemployment and Zero Carbon Emissions will be available for sale and signing from The Book Cellar.