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Seminars on Economics

A collection of interesting seminars, presentations and lectures from various institutions relevant to this field.

1. Ending Global Poverty - Sept 2005
This seminar is given by Muhammad Yunus who is the 2006 Nobel Peace Prize Laureate. Imagine a bank that loans money based on a borrower’s desperate circumstances -- where, as Muhammad Yunus says, "the less you have, the higher priority you have." Turning banking convention on its head has accomplished a world of good for millions of impoverished Bangladeshis, as the pioneering economist Yunus has demonstrated in the last three decades. What began as a modest academic experiment has become a personal crusade to end poverty. Yunus reminds us that for two-thirds of the world’s population, "financial institutions do not exist." Yet, "we’ve created a world which goes around with money. If you don’t have the first dollar, you can’t catch the next dollar." It was Yunus’ notion, in the face of harsh skepticism, to give the poorest of the poor their first dollar so they could become self-supporting.
(Massachusetts Institute of Technology: MIT World)

2. Creating A World Without Poverty - Jan 2009
Creating A World Without Poverty: Social Business and the Future of Capitalism is a very interesting talk given by Nobel Peace Laureate Muhammad Yunus who outlines his vision for a new business model. He starts with a summary of how Grameen Bank works and how it has successfully help the poor in Bangladesh by providing small loans mainly to women to start businesses. He gives an interesting account of how this model is extended to help beggars to become self-reliant. They have also started a project in New York and despite the stark differences with circumstances in Bangladesh they were able to achieve similar success. Muhammad Yunus advocates for a social business model and as examples describes Grameen's joint ventures with a number of companies to produce affordable yoghurt and drinking water for the poor in Bangladesh.
(Princeton University: UChannel)

3. Myths about the developing world
Hans Rosling is a professor of global health at Sweden's Karolinska Institute. His current work focuses on dispelling common myths about the so-called developing world, which (he points out) is no longer worlds away from the west. In fact, most of the third world is on the same trajectory toward health and prosperity, and many countries are moving twice as fast as the west did. In this presentation, he is able to dramatically use statistics to support his arguments.

4. New insights on poverty
Prof. Hans Rosling uses his cool data tools to show how countries are pulling themselves out of poverty. He shows what he calls the "Dollar Street" which visually compares households of varying income levels worldwide. At the end of the talk, he performs an amazing feat - emphasizing his point that the seemingly impossible is possible.

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