- Help Communications & Community Rising Projects & Practices of End Poverty & Job Creation

 world record job creators  pro-youth summit diary

oct 7, 2014 wash dc 2nd annual -world bank youth summit  and prep for the first annual UN/world bank milennials investment competition spring 2015


mail if you can help with these search questions:


youthcreativelab: which are 1000 most exciting concepts of youth and yunus? which 50 leaders are helping most to invest in youth and yunus livelihhods? what roles are played by the world's 10 greatest job creators questions


from which market sectors will depend on wome empowermowemet if sustainability pursposes are to be valued in net gen's defining social movements of #2030now will womne ...

 my resources -grandad -his last friend;

his bequest world record book of jobcreators

Thanks to Naila Chowdhury 1 2  3  4   5   6   7  8   9

Can you help resolve the world's 2 greatest maths errors and system failures? - poverty and wasting millennials lives!


mileniails are the most educated, most connected, most urgently collaborative peoples our human rac has ever seen- where they are out of jobs and sustaonable  livelihoods this signals the greatest macroeconoic madness any elder generation have ever ruled over

so lets invest in millennials -lets make sure that post 2015 we all celebrate openly networking millennials goals -  - but first we need your help survey information needed so we can all do that

how you can help


1 nominate a millennial network not yet included in the survey (below)


2 we are trying to blitz connectivity out of US east coast capitals boston new york, DC, and atlanta so if you have a millennial connector in those towns representing a named millennial network or interested in connecting please say whom; why east coast capitals- at least 5 summits valuing millennial or women empowerment are being hosted 21 sept to 7 october concluding with world bank millennials summit 7 october; these dates also determine movement diaries for most of the US university year; this is last full university year before end of millennial goals and eg atlanta's whats next summit nov 2015


of course we are equally interested in knowing when a cluster of capitals you are most connected to is blitzing next- the better are survey data the deeper the action and learning connections we hope all capitals with a millennial future can make


thanks chris macrae  dc 301 881 1655 skype chrismacraedc


Survey: Connecting Dots of Millennial's Networks

Which MNetworks (left column) and humanly located connectors (other columns)  do you trust most to collaborate with?


Do you have a nominated millennial citizen who is most joyfully crazy about collaboration linking particular capitals- eg health, energy, mobile womens empowerment tend to be app areas that millennials can't win without such a connector -(though every sustainability crisis actively needs a millennial connector)


Millennial Practice Network/Capital















YPChronic - health














YNPN- non profit ie open society network designs














Alumni of Blecher Free Uni- open education














Connectors Women4Empowerment -mobile open tech














Connectors Fashion4Dev- Billion$ convergence first women alumni out of UN














WorldBank Youth Summit: Kim alumn inside world bank














Kim alumn outside world bank














US-Africa Diaspora














Open Society














IHUB/ILAB -www open source hubs led by millennial tech wizards














BRAC whilst being most collaborative and biggest ngo in world brac university hasn't fully activated millennial alumni network -help wanted














Yunus 1000 concepts millennials most excited to linkin














Lucknow almost 90 years of gandhi-montessori learning celebrate 24/7 by 50000 pre-millennials














14  alumni of how to change the world  mooc (this link requires any coursera login name)


1 YPchronic founded millennial medics harvard -virtual space ghd online associated with boston's partners in health and Brigham womens; connections with NYmed - Abby BOS &


2YNPN - 17 city chapters; annual summit; Lucilla Lu san diego a key connectors


3 Taddy Blecher  partners including maharishi (india), Branson (west), google worldwide started in S. Africa


4 Women4Empowerment started when naila chowdhury came over to DC region - after 15 years with yunus as first female director of grameen phone; kenya turned out to be a most progressive expermnenter in extreme mobile W4E - eg jamii bora, mpesa, nanocredit and IHUB see 10


5 Fashion4development now run by evie evangelou as most valuable summit during un week for first ladies to impact future of fashion and superstars- started by a bangladeshi supermodel; has gained from recent years having billion funding of women issues un foundation CNN/turner bequest -turners are now refocusing everything millennial out of atlanta


6 jim kim world youth summit annually staged in fall by young professional associates inside world bank;


7 kim is also  interested in youth and young professional interfaces outside bank eg boston is key due to his co-founding of partners in health; in new york in key his partnership with ban k-moon- from spring 2015 un-world bank stage virtual millennials competition as part of process of returning goals post 2015 to investment ownership by millennials; also kims most trusted connectors with pop stars are australian residents in new york


8 African diasporas out of dc pledge to provide extreme value chain benchmarks against which all usaid and other dc value chain mapping can be valued - millennials are being invited by ethiopians to design their chapter of this network - ethiopians are 1 largest dc diaspora; 2 have best poor farmer producer value chain model to benchmark; 3 connect with founder of africa's satellite for elearning


9 Euro microeconomics and east european open society network founded by George Soros -central european university budapest (best chance of saving youth wherever EU is losing generations); also 1996 soros lent funds to start up grameen phone- soros role as lead bottom up billanthropist began south african youth 1978


10 iubs lead open source economy with direct www youth trades animated by open source tech wizards and apps partnering solutions needed by communities and underclasses at edge of human sustainability


11 BRAC see left column

12 Yunus milennial alumni- dont really have a home? Becasue 60% of millennials are asian - yunus missions impossible needed millennial investment win-win-win-win between bangladesh and india, mediated by japan and china as did all asian millennials especially girl empowered



13 Lucknow networks have only unesco prize ever awarded to school for peacekeeping - most recent breakthrough discovery how almost any illiterate adult can learn to read newspaper within month; hist annual chief justice and global-local educator summits as well as many student competitions and cross-cultural exchanges across asia especially for pre-teens harmony of world citizenship


clicpic to join interactive massive collaboration  guide to 10 hours of free video resources of Nobel Muhammad - MOOC 1  2 designers especially welcome


question from will april 2013 go down as greatest youth economics mionth ever -11 april sees yunus announce the free yunus university dream at skoll world championships - 30 second video

17 April video of yunus US congressional gold medal is here  yunus speaks after 1 hour 6 minutes 35 seconds- he explains his first job around congress 1971; and his second round in 1984 with Results' sam daley harris; leading up today 2013 the first Muslim to be awarded a gold medal- and the only gold medal ever struck with the slogan let us put poverty in the museum

... monica yunus founder of my favorite youth entrepreneur project sings beautiful dreamer to her father at minute 49 sec 24

early senate videos from 2010 are is a project of Norman Macrae Foundation wash dc hotline 301 881 1655 - The Economists' pro-youth economist ; 2013 is 170th anniversary of The Economist being founded to support youth in ending hunger. Norman Macrae Foundation proposes microeducation summit as a core contributor to post 2015 millennium Golas




MOOCYUNUS  : youth letter to congress ; youtube; statewide youth jobs competitions


 Arguably Muhammad Yunus represents the futures that more youth around the world would like to network than anyone alive- this web is a project of Norman Macrae Family Foundation-The Economist's pro-youth economist. It asks what 12 minute presentations could millions of youth peer to peer learn from to create jobs and co-produce the most exciting goals of any milennium

Breaking News: Dr Yunus receives The Congressional Gold Medal on 17 April 2013 Washington DC. We aim to publish a small brochure featuring all the student social business projects Yunus has celebrated across the states -email to subscribe to a copy or for further info (washington dc hotline 301 881 1655 ) . Other celebration resources: go to to see the dvd sampled to 10000 young people celebrating Grameen Headquarters summer 2008 at time Nobel opened Yunus Museu in Dhaka.



12 Minutes to Change The World

How will online education change the economics of youth and ecology of planet? What is MOOC?  What is MIT? What is Coursera?Where do hi-trust histories of online education come from? Whose life-work would you love millions of youth to be trained in supporting next

My father's work on pro-youth economics at The Economist showed that only 2 innovations have rapidly progressed the whole human race at the same time. Please note there are many other vital applications - eg healthcare, food security ... - we can then prioritise investments in to progress the human lot but history shows that there are really only two sources that liberate such wonderful future opportunities


These are 1)  Cleaner Energy (more later) and  2) worldwide technologies which help every being to lead a more productive and sustainable life. When everyone can access online information at the same time (soon to be possible with more mobile devices than people ) the educational content we free can be the most positive revolution our human race has ever collaborated around.


The MOO in MOOC stands for massive Open Online. Massive means a platform that can share with millions (or even billions) of people all over the world at the same time - the very advance that first became simply celebrated when Tim Berners Lee opened up the worldwide web.  There is a choice of what C stands for - most fans of the acronym MOOC say that C is for course, though Curriculum and Collaboration are other C's my friends love to interconnect.


  Norman Macrae Foundation The Economist's Pro-Youth Economist5801 Nicholson Lane Suite 404, N. Bethesda MD 20852 Tel 301 881 1655 email ,, Mr John MackeyWhole Foods Market, Inc.
550 Bowie Street
Austin, TX 78703
10 March 2013Book - 12 Minutes To Change The World Dear Mr Mackey I am writing to ask whether your team would help me develop a case on Whole Foods for my forthcoming book. Each case being featured is in the format of a 12 minute peer to peer presentation on what purpose youth around the world would uniquely miss if particular organsiational systems did not exist This book is a sequel to one I co-authored with my father in 1984 during his 40 years at The Economist on whether the net generation would be the most entrepreneurially productive and sustainable time to be alive. 12 minute presentations are becoming the core modular content of Massive Open Online Courses (MOOC)- and my friends and I see 2013 as a race to get job-smart actionable learning out there to millions of youth to network at the same time. CONSCIOUS CAPITALISM AND PURPOSE OF A BUSINESSI would particularly like to include Whole Foods because of the purposeful way you integrate the value multipliers of leadership. Also because in many ways you all at WholePlanetFoundation and WholeKidsFoundation can do more to make the case for the systems my friend Muhammad Yunus designed than he himself can make now that he is trapped in the social revolution going on in Bangaldesh whose outcomes during this scarily political year of 2013 are uncertain One of the leaders directly contributing to 12 Minute Presentations To Change The World is Sir Fazle Abed of BRAC. Unlike Yunus there is a way of explaining BRAC's unique contributions to the world that stays out of confrontational politics. Moreover, one of the arms of BRAC is a fully fledged University and Sir Fazle was awarded Qatar's first educational Oscar for his contributions to job creating education. So MOOCs are becoming a direct product line of BRAC, of post 2015 millennium goal networking and may yet be the Trojan Horse to Arab Springs empowering the best that mobile youth can be. Yours sincerely  Chris Macrae

 How can youth entrepreneur competitions create the most jobs oiut of your state?

April 2013 see Muhammad Yunus celebrated  with thye US Congress Gold Medal. Its also conclude the second university year that Yu8nus has toured those states that wish to convene a srident competition where the best ideas of youth are supported by all the state's public universities. Norman Macrae Foundation aims to publish a leaflet on projects so far being supported - email for the leaflet or if you wish to extend states contributing to this futures of youth competition - so far Georgia , Alabama, North Carolina and Oregon have supporte this Yunus invitation, DC, VA and Maryland not so much.


About editorial team who edit this and associate webs celebrating Norman Macrae Foundation,

2013 is a very interesting year for us since it marks the 170th anniversary of The Economist founded by our Scottish friends to end hunger and end capital abuse of youth , as well s the 255th year since Adam Smith first conceived a book of economic principles anchored round hi-trust relationship systems - what today our mathematicains at call goodwill modeling of any organsiation or market sector aiming to compound its most productive benefits to the human race -eg collaboration blog with search as to which sectors will most help youth's 10000 greatest job creators: healtheducationopentech? massmedia? banking? economists? food? energy and waste? ...


In 1976, we started up as the epicentre of Entrepreneurial Revolution -its reporting and valuation models, and about 100 adjectival forms of entrepreneur who jumped on the e-bandwagon sometimes making it really hard to understand the real work of entrepreneurs! This is to help youth on behalf of hi-trust communities redesign futures every time that 0.1% or less of a population take over all productive assets. Interculturally, as mediators we are optimistic that such open systems can in 21st C be designed without needing to resort to the french guillotine in which the dna of between take is born-  Dad (Norman Macrae) and I coined the phrase ER in The Economist in 1976 after seeing early experiments of youth sharing knowledge around a digital network. We retain our 1976 collaborations challenge to youth and economists : none of 20th c's biggest systems of organisation are of a sustainable nature befitting a borderless 21stc networking world aimed at human progressour 1984 book mapped goals to invest in net generation collaboration including ending poverty and co-creating 3 billion new jobs-our search continues with one difference - after dad celebrated his 85th and last public birthday with dr yunus and 30 guests at Royal Automobile Club Saint James London , and Norman's death in 2010 we started  to help converge the projects he believed would economically make or break 2010s as youth's most productive decade......................................................................................................................

Norman Macrae Foundation project Journalist for Humanity invites youth to help edit following nings- yunuscity yunusasia

webs ...

Norman Macrae Foundation & NMfound education and journalism projects since 2008; a NM found leadership valuation project since 1988

5801 Nicholson Lane Suite 404 N.Bethesda MD 20852Tel 301 881 1655 email


here is a 5 year review of best and worst ideas of collaborating with pro-youth economics around dr yunus- its not his fault that as the brand with the most exciting youth colaboration promise in the world. of people do pr and funding projects around him that have no ositive consequences for youth who want to co-brand with yunus as social business liberatirs of whichever market they want to be lifetime parctioners in

 Market that can contribute to youth's 10000 greatest job creators best collaboration approach worst approach for youth collab entreprenurs
 education yunus competitions with 1000 youth entreprenurs where prizes include commiting whole states educational respources toi student team project, co-branding yunus and team solution, develping MOOC of youth co-producing social business SMbA - no quorum obtainable aming universities to replace mba as fattest cash cow education has ever monoplised
 health free nursing colege training nurses to be most ocnnected people in vilage of mobile helath apps 
 banking cashless banking is the new race to bank a billion to end poverty or chain people- oddly this depends on 2 forces that seldom meet ahead of time- government experys in future regulatiion and informatiin tech wizards for some unknown reason acandeics took over teaching microefinace as a separte expertise whereas its origin in bangaldesh was a convergence process of vilagers owning banks, community market channels and knwoleedge hubs all in an effort to redesign value chains to enable those with the elast to live productive lifetimes and invest in their next generation
 energy and waste  
 open tech   


part of his estate to help found.  In 2010, we seek to multiply social business loans to 4 epicentres of goodwill multiplying gravity:  

feedback report updated dec 2012 - we are closing our investment in 3 because of incompatibility of valuation models and failure to charter one action project- we continue to publish the world's good hubs guide as a collaborative journalism exercise with worldiwde youth started in 2006; we love jamii bora in 4 but are sad not yet to have found connections with kenya's others greatest projects- nor south africa's nor those that good news reporters of afrca24tv and mit dispora networks value most -we continue to report grameenscotland as potentialy one of top 7 colaboration epicentres of yunus and we love any connection we can linkin with japan as number 1 supporter of yunus at a national leve- we believe the number 1  collaboration investment in youth and yunus worldwide is now proven y the sory of stdent competitionwhere winners are co-branded withy yunus in such a way that the whole of states educational resirces support winning tsudent teams - please help us report places committed to organsiing such competitions - so far we are aware of tokyo- and in us of Georgia, Alabama, North Carolinal and oregon; we believe after 5 years and 8 vists that we have nudged global reporting of what's going on i Bngladesh into a reasonably transparent process at though happy to hear alternative views -

4 African microcredit meta-hub that calls itself happy families  : and its 6000 social business entrepreneurs in 50 cities doubling on some kind of moores law every 18 months or so 2 glasgow's future twinning of capitalism :  open source centre of where adam smith's microeconomics of youth-family-community was born without which social action media like The Economist would never have evolved, nor would our auld alliance partners' french networks who coined the revolutionary social purpose which it means to collaborate in the calling of being an entrepreneur since 1800 1 consider bangladesh : 2010s social business partnering in youth's most exciting decade:  the 48th year of my father's future exponentials series on asia-pacific www century (1976-2075) which started with Consider Japan in 1962

The 30 year processes of the twin movement of Results MIcro are the most economically interesting starting point for anyone who spends a life hosting both real and virtual networks that I have been able to find in 34 years of searches for netgen capitalism - since 2005's terrifying make poverty history year in london our collaboration research associates have been openly inviting hub feedback on such hi-trust maps Actually as my family's last 5 generations have been mentored by the likes of Gandhi on how to joyfully fool with transforming media, mediation and education , we have been searching out a 5th foci where youth and emerging stars festivalise peace and economic celebrations across capitals but its up to the leaders of that to choose their worldwide opening of my*MY spaces


The unacknowledged giant

The unacknowledged giantAdd to Playlist
 Norman Macrae's last article  obituary web  to the mediator of economics by and for everyone's childrens children  (reference & dialogue at Author: Chris Macrae; Publisher:KnowledgeBoard; Date:27-Dec-02; Categories: Emotional Intelligence Sections: This article has been read 16086 times)

If exciting 2010s and all  that sounds your future cups of tea I would suggest you also skype jonathan ( jonathan.robinson ) before nov 16 and decide if you want to come to The Economist's remembrance party on Nov 16 which  also where my family and friends be starting activism among shareholders of The Economist in my family's relentlessly slow but optimistically stubborn way of mapping why we worldwide web


chris macrae DC 301 881 1655


Most exciting invitations to 3000 leaders and youth by dr yunus are confirmed by findings from a life at the centre of journalising entrepreneurial economics


Exponential games of creating jobs  -economics rules the world but whose world – our next generations or past generations do we wish economics to stimulate


Places Need to get into investing in sector before its jobs starts doubling – investing 7 years ahead – societies and national govs planning paradox versus short-term manipulators; why economics hippocratic oath is exponential


–except for dictatorships, usa and other developed nations now bottom of league in investing in sectors with job creating future: developed nations need genius economists of developing nations more than vice versa


The greatest innovation advantage of net generation is collaboration advantage of places not competitive advantage – consider bangladesh sustainability world trade centre


Exponential futures are predictable- whose maps win-win-win between productivities and demands; whose lose lose lose


Health families & communities & society generate strong economies not vice versa – healthy societies are generateddby 3-i-mn-on bank*community market*knowledge hub


Blocking future mapping are The compound risk crisis of global professions


True growth paradigms of mapping (and maths of integration) are multidimensional and context specific not command and controling by over-standardising rules. What’s needed is value multiplication (operand of connectivity and naturally interfacing networks of living systems) models not value add (separability and dead things). Specifically global tangible accountants have  monopoly over boardrooms that spreadsheets 3 enormous exponentially crashing errors that turn goodwill into badwill : additive bottom lines risks at boundaries and valuing things s investment peoples s costs to cut


Daring nations will halve gov spends on ruling social services but transfer these spends to communities to empower social businesses and inter-community replications that net technology now makes possible


Its is possible to choose economics to design integration of local into global; so that we multiply productivity of 7 billion people but that is not what 20th c macroeconomists were hired to do- 10 biggest 20th century errors that have spun destruction are ...


The only organisations worth hi-trust investing in have  purpose beyond monetary-extraction; the only people who cant win from www evolution of purposeful organisations through exciting 2010s are speculators. We need to survey youths greatest goals for 2020 now and economics maps to match them

 Yunus Dec 09 talk given to India PM Manmohan Singh who studied at Cambridge University (Keynes Uni)

US congress votes to listen to genius economist DR Yunus likely convocation Q2 2011- Rush Holt Sept 2010: I rise in strong support of this legislation to award Dr Muhammad Yunus the congressional gold medal ; the house has garnered 297 bipartisan sponsors of this bill; Muhammad Yunus is widely known as banker to the poor and is one of the world’s great humanitarians, and an economic genius

 THE New Decade started auspiciously for Bangladesh. One of its illustrious sons, the legendary founder of Brac Mr. Fazle Hasan Abed, was knighted by the Queen. Congratulations to Sir Fazle! Sir Fazle, and the founder of Grameen Bank and Nobel Peace Prize winner Professor Muhammad Yunus are the two famous Bangladeshis the whole world reveres .more

Golden Oldie Script NetGen's Time is Now from 2006!

We Create What We Want.
We wanted to go to the moon, so we went there. 
We achieve what we want to achieve. 
We accept that poverty is part of human destiny. It’s not!
We believe we can create a poverty-free world. 
We need to invent ways to change our perspective.
We can reconfigure our world if we can reconfigure our mindset. . 
Social business will be a new kind of business, making a difference in the world.
Human beings are a wonderful creation embodied with limitless human qualities and capabilities. 
Entrepreneurs are not one-dimensional human beings, dedicated to maximizing profit. 
They are multi-dimensional: political, emotional, social, spiritual, environmental.
The desire to do great things for the world can be a powerful driving force
Young people dream about creating a perfect world of their own.
Social business will give them a challenge to make a difference by using their creative talent. 
Let us join hands to unleash our energy and creativity. 
Collectively, we can create a poverty-free world.” 
Source :

 rsvp with your votes of youth portals celebrating yunus sustainability world trade and global social business partnering sans frontiers
The most joyous news so far known to our collaboration searchers  of 2010s exciting decade is that congress has voted to ask Dr Yunus to present to them on his practices as genius economist and recognition of credit as lifeblood of any nation. Prior to this celebration expected Q2 of 2011, our family foundation association and estate of Norman Macrae (journalism's hub of internet since 1984 and entrepreneurial revolution since 1976) is helping sponsor various publictaions on win-win-win economic models and activate various projects including a 3000 leadership club interested in investing in job creation and pro-youth economics. This is a fast moving compass where we welcome ideas of a similar kind to these:
Changing economics  - supporters networks of yunus genius economist – the Social Business models road to US congress Q2 2011 

2050 yunus book club & 10000 dvd club – linking in 2010’s most exciting decade with youths 20 goals for 2020

Research of models of social business stockmarket

Replay of The Economist 60 party on journalist of internet, entrepreneurs and asia rising

Publishing Consider Bangladesh leaflet with Dr Yunus

Journal of Social Business – sampling


Global Reconciliation Net whitepaper on the coming war between win-win-win and lose-lose-lose economics

Research of top 10 collaboration epicentres of tech for poor

Pilot monthly deadline for 1 million newsletter actioning next months SB

Glasgow Assembly 3000 Youth Festival: hop to connect &


Talk at US congress expected Q2 1011

Results Sampling of 297 congressmen yunus book and journal

Social Business Loan to Jamii Bora


Formation of UNpro 100 club: open source Trillion $ Audit – moral support of microcreditsummit as benchmark of best human networking cse


Social Business Loan to leadership quest hubs  : Journalists-for-Humanity (JFH) webs include and

 1-301 881-1655 Bethesda skype isabellawm (family foundation network ) - to join the association of JFH webs you need to pledge to post in end of month news on what actions to take next month on social business practice areas of most concern to your web - its fine if there is no news any particular month, its no good at all if as a Journalist for Humanity there was great collaboration news for next month's social business worldwide networks to hub and you forget to post it.

invitation to Fazle Abed and ambassadors of BRAC to joine June 29 all day dialogue with Muhammad Yunus

Other Yunus 69 birthday youtubes


last call for Entrepreneurial Revolutions of 1976 to save Yes We Can and Global Banking

.Help us update emerging social business research on most valued purpose:

universities - job creation

corporations: global dairy products; water; internet; chemicals

professions: trillion $ audit of each global market's sustainanility exponentials


foundations: empowering girl effect 


Future History : The Most Exciting 40 Year Race: Prize Sustainability

1976  Two microeconomists start the race

2010 = 5 years left to map how to turn round crashing global systems and live up to millennium goals

  • May 2010 Nobel laureate DR Yunus brings out 2nd book on Social Business (discussion global grameen ning)- this one explains how hundreds of the world’s largest organizations are invited to collaboration partner in sustainability; 2012 London Olympics will be a parallel stage for celebrating the greatest demonstrations of sustainability knowledge projects ever seen;
  • March 2010: gains sustainability London leadership award for job creation community building all round London offering understanding of how social business modeling is the most exciting collaboration and entrepreneurial pursuit
  • June 2009: Global Grameen launched at Dr Yunus 69th birthday in Dhaka
  • 2008 Technolgy's greatest parnhership hunts for grassroots solutions to ending poverty launched as Grameen Intel
  • 2006 DR Yunus wins Nobel prize- declares his future mission is to globally brand sustainability world's most human partnerships including mapping a complete design for Bangladesh's rural health system that connects every modern technology possible in the most affordable and youthfully inspiring way (eg Girl Effect)
  •  2005 Paris invites DR Yunus to apply 30 years of ten times of system designing more economical market exchanges at community levels to partnerships formed between the world's most resopiurced organisational systems - eg HEC Uni, Danone, France's Ministry of Employment & Youth - and the world's most purposeful grassroots networking services
  • Please contribute to the most urgent interaction diary ever mediated. – Chris Macrae info washington dc 301 881 1655 Latest correspondence: John Elkington, Sustainability , Volcans

.Transatlantic friends of dr yunus who attended Global Grameen launch in november 009 celebrate his wish to co-create sustainability 2010s inviting 12 types of Collaboration Partners (CP) > Let's make Global Grameen world's favourite branding celebration by declaring and achieving bold sustainability goals. Here are examples of some early CP - mail chris.macrae if you have a CP suggestion

Grameen 09

yes we can use technology for sustainability

no 2010s millennium goals can't be met - nor a sustainable global -with wall street's short-term rewards and diabolical macroeconomic monopoly that shreds the 3 core system qualities of value multiplication 1 goodwill's trust-flows, 2 transparency and 3 compound whole truths. Which university business schools will contribute to missing curriculum of compound sustainability

Grameen Archives

Nobel 2006 - yes sustainability investment maps in business do exist- Bangladesh has co-created these since our nation's birth; I invite every young person to try social business model so they know the leadership choice they mediate in 2010s


because of the social business model Grameen invests in more solar unit installation than all of usa banking- we have to value this ; bangladesh will be the first 100 million population to be washed away unless the world collaborates in ending climate crisis- thriving carbon negative economies are possible - come benchmark with dhaka a world epicentre of sustainability

 because we are a bank for the poorest dont under-estimate what we invest the poorest's monies in - bangladesh's partners aim to be as much a world leader of mobiles as bangalore was with the internet - we invite all micro economists to join us in the net generation's race to end poverty and co-create 7 billion jobs worthy of lifetime amd community service  
Ali Baba 09

I wish to compete and collaborate with Dr Yunus in job creation's human race - at alibaba and on behalf of chinese technologists for the peoples - we pledge creating 100 million microentrepreneurial jobs is possible through 2010s

if your leadesrhip systems serves customers and employees then you compound great returns for shareholders too - no company with a sustainable future needs speculator shareholders; wherever speculators rule, macroeconomics becomes (is sponsor of) the Big Brother theory of how to become ever less economic- isn't that the main action learning of the 2000s? 

Clinton mentions Yunus at minute 3 of this national tv broadcast sept 09
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.  Sofia- can you help improve right hand pic? can we 1000 Yunus book readers and 10000 dvd linksmakers share another way of looking at the CP12 whilst at the same time explaining why I prefer the box order I have shown you it seems to me that if the groundedness of all microeconomics replications is social business case banks like grameen, bracs and jamii boras then there are 2 ways round mediating this left is reform social systems; currently the productivity of world bank is zero; that of the UN is negative; that of many ngos and social entrepreneurs is unsustainable and not scalable; so we need foundations cp2 that are both sustainable and whose identity empowers like nike's girl effect; we need in designing CP3 social business Olympics festival to take everything we can learn from microcreditsummit heroic goals, welcoming panels by each goal and celebration by CP4 place leaders like queen sofia; we need the heroines and heroes of social world to have many more Cp5 world famous stages like nobel prizes; and we ultimately need the whole world including professions 2.0 (who have a semi monopoly to rule over us and whose laws even frame the transparency of what organizational typologies peoples can start up) to integrate around CP6 exponentially smart system designs going right we need the time CP12 netizens spend (when they are hoping to make the world better and aiming to reduce degrees of separation around poverty-ending knowhow) to be mapped collaboratively the way our hub meeting of 2005 tried to start as well as informed by and open sourcing of social business modeling; we need to harness that around CP11 educational-vocational-microentrepreneur (inside) systems and local communities/governance/ restoration of family-valuing cultures that help youth create 1 billion new tech jobs; we need CP10 social business funds to include prizes for social action teams (yunus chapter 11) be these the last year people are at school before needing to co-create jobs or at university sb clubs- we need to encourage young people to dream by letting them try out micro-=experiments until dreams and realities linking; we need to change the big 3 systems CP9-CP7 that currently give caswell's "we :and sustainability no compound free voice - universities, corporations and govs of nations that need to collaborate in the worldwide sustainability issues and take economics way above zero sum and stop compounding risks at boundaries so that's what the transformation to microeconomics, or micro system design integration or sustainability will take; currently we are in a macroeconomic down world accelerating ever more irreversibly towards a maximum of 1 billion jobs that maximise peoples lifes; and likely to cause collapse of climates of banking of peace and everything; so 2010s is an exciting time; and having seen this with benefit of 1984 (book of 2024 report I gave you) or earlier surveys made in 1976 at bicentennial of usa, I promise you that as far as I know these really are the last few years we can turn round to micro up- hope we can remain optimistic and high esteemed about this opportunity and prevent people fro getting trapped in the threats male decision-making cannot achieve much of this – even  yunus cannot- I rather suspect the quality of networking of women with hi self-esteem but 20 years experience of adult life is where the epicentre of world sustainability economics will need to be spinning round- do you see an alternative empowerment leadership scenario?


THE SUSTAINABILITY GAMES - YES YOU CAN HELP rsvp with game number info

Game 1



.Aug: yunus to speak in India's parliament British ministers (Miliband & Alexander) in Dhaka announce Climate Champions program comes to Bangla- rumor of $100 bn climate fund being championed by GB -previously (june) dr yunus 69th birthday dilaogue and climate solutions blogged by BBC; Obama awards Yunus &15 others presidential medal of honor



.November : 20th anniversary of fall of wall to be celebrated in berlin by largest ever social business branding network meet with Dr Yunus ..
...April - greatest every micro up and peoples summit connects through Kenya  
questions welcomed chris macrae washington dc 301 881 1655

2009.1 Student learning exchanges between microcredits done the way Bangladesh open sourced –since Nobel Prize 2006 (japan asks yunus to start intercity youth forums- Mostofa becomes the longest-running host in one location; TheGreenChildren Pop group are formed to celebrate good news network fundraising eg aravind eyecare hospital replications 1 &2 now open, uinversal album due out this summer ; ... a deep 10 micro up university practice models emerge; the formal interpretation of this learning exchange is addressed by 92 congressmen )

.2009.2 Global branding of industry sector responsibility –since January 08 - 20 global ceos   have joined this benchmarking club so far, with social impacts on future of healthcare most interesting of all.2009.3 Practical microeconomic guides to the possibilities if life’s 7 most vital and human meta-market sectors were designed to multiply goodwill, transparency and sustainability – Since January 09.2009.4 Understanding the 5 tools of Collaboration Innovation Networking that Bangladesh’s first third of a century has innovated around its world class entrepreneurs and microeconomists- their relevance in uniting richer world leadership (eg Obama) and poorer world leadership (eg millennium goals) – Since November 08; first publication June 09.2009.5 THE MICROs – best news and invitations to social action networks available on youtube –project being tested for June 2009.2009.6 Identification of 5000 Youth Ambassadors of the Micro-Rising and sustainability’s above zero-sum way ahead that Bangladesh invites the world to replicate –since July 08 Open clearing house web of thousands of Social Businesses – since Jan 09
A survey of 100 greatest sustainability crises and benchmark solutions- solution source the worldwide microcredit learning exchange demanded by 93 congressmen involving the greatest sustainability investment banks owned by the world's poorest (in trust and through social business maps)
.Crisis.Grameen Benchmark .Grameen FC.BRAC.Jamii Bora..Other1..Other2

..Debating Gandhi's greatest questions including what causes a nation to forget about children as its greatest sustainability investment and what entrepreneurial system reconciliation can work

as an innovation alumni network countering empire, the definition of entrepreneur = person who makes more jobs than (s)he takes  is agreed by French who coined word in late 1700s, Gandhi, Yunus, Obama and ... you?  

can you help son of microcredit create what yes we can jobs : 1 5 million green

....Does your country, or family tree, offer any insights. For example, Scottish insights:
  •  Adam Smith's work is a risposte to the banking scam of 1700 which caused scotland to be annexed as a colony of England
  • The premature death in early 1860s of Scottish founder of The Economist 10 months into a project in calcutta involving reform of Raj economics. James Wilson died from a disease whose 10 cents a go solution became the birth of BRAC and its village nursing networks
  • From Messina to Tokyo, 7 years in a Scot's journalist journey to where French , Germans and Japanese renewed peace, and healthy economies to be, before (other) mass media participated.
.The Scots went from a 17th centuryof being Europe's highest investor in children's learning to lower than English levels. One of James' Wilson's 2 goals for The Economist (before his intent of closing it) was repeal of capital punishment- a law that licensed big city irresponsibility for youth. To be bron europe to the new 20th century was quite a dismal hand for that generation. Let's hope we stop making the 21st Century a global top-down rerun.


What health warnings are critical to know about before studying, let alone issuing, rules of economcs


True or False:  The history of macroeconomics can be reviewed as having more patches in it than microsoft code. Each patch seems designed to turn round what the previous rule compounded for too long and with ever higher cost to all trapped in its system error.

 Markets and organisations are tense systems of productive and demanding relationships spinning around purpose. What is measured and what knowledge is empowered to flow determines whether compound growth or destruction of the system is already invested into the system.  99% of our globalising world's 1000 biggest organisations are governmed by similar metrics- guess whether these are metrics of sustainability or metrics of systems waiting to crash 
.Mapping  -life in day of - research of people with the most challenging life curves shows their wish to know ahead of time of the next big crisis decision they will need to make from older peers of the same struggle.What world service structure (of journalism) could 5000 youth ambassadors' curiosity celebrate and network if ending poverty involves helping people replicate ahead of time a choice of 30000 community renewing solutions?....Other entrepreneurial revolution research methods include: open space, grounded theory, ....

.Net generation's defining race towards poverty museums- multiplying exponentials from one heroic goal or world stage to another



 Obama (son of microcredit) yes we can poverty musuem race 2009-2012 - see yunus, jane wales interview fall08, congruence of multiple system failures: banks, food, energy, peace..integrated solution begins with ending system failure of poverty; updated Bernanke Feb09 on changes to law required so credit unions can replicate sustainability investment banking in any usa community that wants to sustain 10 times lower cost banking; updated Hilary april 09 on lessons to date in designing 10 times lower cost national health system

.GrameenCl - Berlin..First slumbank training session at JP Morgan Chase Manhattan (Jan09) offered by JB & Grameen & Microcreditsummit best news of decade; Ingrid Munro's wish list for Micro**7 tracks at Kenya March08 (coming soon).Declaration of mutual exchange of microcredit replications between national leaders of Spain, and Kenya -begins week of 18 may 2009; youth invited to participate in great 2010s relaunch of microcredits will take place april 2010 to nov 2011 with Queen Sofia chied guest at both Kenya and Spain  great idea but would you trust this sponsor The extraordinary action stories of micro-networking which started in 1996 in Bangladesh connecting hundreds of thousands of village certre hubs and in 1997 worldwide with microcreditsummit
.Why human sustainability will depend on empowering everyone to action learn with BHAGs & catalytic mechanisms

The Catalytic Mechanism of girl power - about 70% of Grameen's 70000 secondary scholarships to date have been awarded to girls and as many as 90% of 100,000 green jobs aimed for 2012 at turning bangladesh into a solar powered nation will involve village women


.Microcreditsummit (1997) BHAG1 : reach 100 million households www with microcredit in under a decade

.Catalytic mechanism 1 : the 10 most unforgatable stories told in favour of income generating women

..The 7 wonders of microsummiting - if a credit summit can bhag serving 100 million poorest fa,ilies with banking, what other people's summits amd worldwide series can BHAG a goal of universal human interest?..
.The mother of all telecommunications crises; Stories of why generation that became more connected than separated was always destined to spin an order of magnitude greater or lesser age of productivity but not anything in between...


.Making previous communications changes like invention of printing press, or industrial revolution's steam engined trains look like blips on the horizon, the 1984-2024 generation that networks the wholeplanet will either ....Orwell's Big Brother

Einstein's: I am afraid humanity wont sustain a networking age 

.Future History of Next Capitalisms since 1976- annual surveys of conventional wisdoms that are spinning conventional blunders.Triple good news for peoples in 1976: microcredit born, social business modelling validated; Economist's Entrepreneurial Revolution mapped why Next Capitalism would compound human sustainability up or down - the mapping  wars of sustainable microeconomics versus unsustainable colonial macroeconomics.....
.Reasoning why Social Business Models are the most exciting entrepreneurial challenge ever.You have to design such a great concept that someone else will give you a free loan to validate; validating requires sustaining positive cashflow; you then reinvest in replicating (open sourcing) the most purposeful netwioking organisition in its specific service. Great typically means a life critical service or a 10 times more economical model..Which was the first social business of the microecomic and sustainability era that bangladesh has gifted to the world? Accounts vary, but like Gandhi before him, it was quite probably the print publishing business which Fazle Abed founder of BRAC developed to distribute content to its single-room rural montessori schools (1 2 3 4 ) founded in early 1970s. What matters is that social business cases now have over 33 years of validation, replication and open source cataloguing - and that the Financial Times reviewer who described social business as a flimsy idea unworthy of a book by a Nobel Laureate needs to go back to school...

.SWOT -from 10-win to 10-lose in 1976 to 100-win to 100-lose in 2000s on (network generation's system*system change). In 1976, you can map why and how grameen and brac were designed and have been relentlessly audited as 10-win models. But as Bill Clinton says once these grassroots networks proved the new economics of a bottom-up developing nation, they turned Dhaka into a 100-win epicentre - an open university both of  

  • 1 micriocredit- the only sustainable investment banking model
  • 2 future capitalism - benchmarking club for the number 1 sustainability investment model of every global market
  • 3 way above zero-sum goal -Yes We Can unite our networking generation across borders - if we declare our space race to be: end poverty
.Free markets for halves of the world's population with less than 5% asset decision making choice in what future compounds.Youth ambassador 5000 led out of Grameen proposed to unite all SB owned microcredits - component of 69th birthday dialogue with Dr Yunus Dhaka June 29.If 09/10 is to be a generation's yes we can tipping point: how do we help resolve the 3 american crises as identified by 1 Obama, 2 Clinton's Global review 2008, 3 university youth.. .
.The 7 wonders of microeconomics world focused on by true sustainability investment banks......
.Way above zero sum: Bangladesh's First Third century's investment in the entrepreneurial revolutionary tools of collaboration innovation newtorking......
.Future Capitalism Benchmarking club of Industry Sector Responsibility - what responsibility can a global market innovate when a world's most resourced organisation partners a grassroots networks sustainability invetsments in serving life critical needs.Abour 30 FC partners in first 2 years of model - next review Berlin November in celebration of the 20th anniversary of fall of wall.....

.connecting up world stages at next to zero cost- plug and play


.Yunus Movie


.at what age do you stop practising collaboration as the main multipler of wealth & health? and do beleieve networking tools change these value dynanics at all......
.courses designed so that 5th graders and 40th graders and media can discuss wholeplanet truths.we welcome links to solar for all ages at ...

.New Zealand invitations to 5th graders up to invent the next billion dollar knowledge insutries humanity will value most 05-12.mp3 (4 minute audio) -more

Gordon's game of entrepreneurs did yours and our way.

.selco's intro to solar tech
.directions to ten times more economical energy including diets' clean food, water.grameen veolia - 80 times cheaper drinking water than any other business supplier.....
.directions to ten times more economical education.children are greatest sustainability investment- 30,000 graduate student loans; 70,000 secondary scholarships..BRAC bottom-up village schooling ..Lucknow cms cis.NZ-www
.directions to ten times more economical communal healthcare.Grameen: Kalyan  Illness diagnosis insurance- $2 per year per family, Eyecare - 10 times more economical aravind replication.Grameen FC partners include GE, Mayo Clinic, Pfizer, BASF, German-Saudi Hospitals..WorldCongress Competition on extremely affordable healtcare.jamii bora -all members buy health insurance- microcredit not sustainable without it.
.directions to 10 times more economical banking .....
.directions to 10 times more economical media  ....what was the 360 degree story of the 10 most criris-opportune moments of the 20th Century- either worldwide or in a culture you know at interconnections and relentless focla empowerment of the letter, the leaflet and email before trying out more expensive modes of media amplification
.directions to 10 times more economical professional rules and SMBA......
.directions to 10 times more economical government......
.Opportunity & threat of same maths error wherever a community's sustainability is detructing.Yunus book on creating a world without poverty is first one we have seen published correcting this maths error by offering social business model.....
.Metrics and communications are the 2 design systems that condition what amorganisaton will compound......
.The Mother of all Job Crises caused www by wall street
My guess is that 5000 youth ambassadors of networking Bangladeshi microeconomics and practising entrepreneurially designed replication franchises need to
1) do an iq test on exponentials
2) understand the triad of sustainability crises below
3) increasingly ask Grameen and BRAC to adopt a joint approach internationally

Diagnosing poverty as a SYSTEM FAILURE –ie where EXPONENTIAL loss of sustainability  needs to be turned round -involves the compound microeconomics  of 3 main dimensions ( PIC ):

Personal discrimination?

Information and rules?

Channels or infrastructure?

Bangladesh ’s PIC involved all 3 dimensions,

. – grameen in Bangladesh worked on Personal (ending discrimination against women and families) and Information centres; since 1989 Grameen Trust has . while brac in Banglaesh worked on distribution and information ; recently BRAC has been making exponential headway in some parts of africa where it has now been mainly channel .A post-mobile kenya seems mainly to involve C channel ownership (including housing and top-down markets) and I information (health & youth education) and rules – jamii bora (together with future capitalism partners and international goodwill to kenya ) is in place to transform all of these exponentially fast, and provide a model of inspiration for many analogous african crises ..
Today America (and richer nations ruled by top-down macroeconomics)  are exponemtially most at risk of compounding poverty traps due to channel ownership, misinformation and rules
.Perhaps we can raise this at may 29 meeting with dr yunus so he can tell us if this is or is not valid; invite brac or other major bangladeshi microcredits or women's and yes we can 10000 groups (aka student universities) to june 29 if it is valid

golden future history revisited: 76 was a triply empowering time in the microeconomic development of the world since:

1 microcredit trials began in this year

2 The Economist surveyed a next capitalism in which macro-banking and other too big to systemise sectors would need to be replaced by 2010

3 Future historians can identify this as the year that Bangladesh started to build and connect 5 sustainability invetsment models of collobarative innovation networking which have become that nation's unique practical and intellectual gift to the world - a publishing genre which will be launched in June 29 out of Bamgladesh



MicroProject 09.1- help connect Millennium Goals by developing regional maps of collaboration networks of Muhammad Yunus.  Yes We Can empower coomunties and end poverty
MicroProject09.2 Innovating Collaboration - help needed to share SMBA cases and host uni and peer to peer practice clubs
Yes: we can co-agent social businesses and unite leaders in replicating sustanability goods in the new FC world where Globalisation by Wall Street banks has finally been discredited. Let's put an end to compounding trillion dollar crashes that are in no human's interest A B  C 

Thumbnail6:01 Yunus US Congress Gold 1

Thumbnail6:23 Yunus Gold 4 US Congress

Thumbnail3:36 Yunus Gold  2 US Congress

Thumbnail3:04 The Economist- where is the most daring nation's government

Thumbnail4:04 Yunus Gold Congress 3


Tuesday, July 15, 2014

announcing the 2nd annual  world bank youth summit on 7 october 2014 

the theme -social media generation's  need for honest and responsive governments matches reason why jim kim has had an audience with the pope asking how world bank can get behind popes curriculum that 21st c public servants job number 1 is end inequality- last years summit kicked off with the daughter of ibrahim foundation the mobile billionnaire who has done most to value change in africa's public leaders out of his bases in kenya and london

it seems that the club of rome organisers of nobel peace summits are clueless about popes learning curriculum so it will probably take to nov 2015 to get that celebrated; meanwhile the idea that the UN and world bank would fully partner in hosting october 2014 world bank youth summit seems to have been delayed by 6 months- both ban ki-moon and jim kim have announced a joint millennials competition for this date - see last 2 minutes of this video

 core world bank youth summit millennails are

Victoria Flamant
Kimberly Bolch
Joseph Mansilla
Diane LuTran
Yvonne Kirabo
Arezo Kohistany
Nicholas Bian
Dilara Bogut
Rajiv Alexander

do you know any of them and is there a simple way of finding put where on the world bank organigram particular individuals sit? What I want to be able to do is work out which main interest each team member and who OI know who most matches that interests. I also seek to map action milennil networks at


transcript of announcement

welcome to the 2014 Youth Summit Launch! world bank dc 7 october

Youth Summit 2014: The Need for Honest and Responsive Governments
The 2014 Youth Summit plans to include: 
a global development competition
But we need your help!
The Youth Summit Organizing Committee (YSOC) has various committees you can join:
With this in mind, the 2014 Youth Summit aims to convene global youth leaders for a one day conference. 
Meet this year's YS14 organizing committee!
Building on those accomplishments and responding to overwhelmingly positive feedback, it was decided to have a second Youth Summit - and a hope to make it an annual tradition.
400 people in attendance 
11 World Bank country offices
Hundreds more connected through livestream and social media
500+ received solutions to our development case competition
Broad institutional support by senior management
Goal of revitalizing the dialogue with new generation of youth...
With almost 200 responses, the survey revealed the issue most important to global youth was 
the need of promoting open and responsive governments
Perceptions of corruption, inefficiencies and bad management; 
Trust and confidence in governments is at an all time low;

Consequently the idea of openness, transparency and mechanisms of accountability (access to information, citizen participation, etc) is crucial to earning back the trust of young people.
Welcome to the 2014 Youth Summit Launch!
The Youth Summit began as an idea formed
in 2012 by younger Bank staff
They saw a challenge: How can the Bank retain 
its relevance with a new generation of global youth?
They realized a need to provide a platform connecting the Bank to this new generation and to identify and address issues affecting global youth.
In October 2013 the inaugural Youth Summit was launched... 
We used various media channels to ask global youth on their top priorities for a better world and crowdsource the topic for this year's event 
According to research (e.g. Global Opening Government Survey 2013), overwhelming number of young persons support open governments
  • Open Government - Nano Survey
    The Global Opening Government Survey ... From October through November 15, 2013, an online survey, known as theGlobal Opening Government Survey, ... between the World Bank Institute (WBI)'s Open Government Practice and the RIWI ...
  • Open Government | World Bank Blogs
    World Bank
    Apr 7, 2014 - How Open Data can Make Good Governance Last in the Philippines .... The Global Corruption Barometer 2013 is asurvey of 114,000 people in ...
  • To convene youth-led organizations and youth leaders;
    To equip with a toolbox of skills and technical training;
    To facilitate global conversation on youth's role in the government decision-making process; and
    To enable young people to help make governments more open and accountable.
    a development expo
    High-level panels of World Bank senior management, UN senior officials, various NGO partners
    Tailored workshops with targeted audiences 
    Partnership with Y2Y, the JPAOC and the Governance GPG
    Ability to network with international colleagues
    Event planning
    Case competition
    Website design
    Development Expo
    YPA team
    Victoria Flamant
    Kimberly Bolch
    Joseph Mansilla
    Diane LuTran
    Yvonne Kirabo
    Arezo Kohistany
    Nicholas Bian
    Dilara Bogut
    Join us. Questions? Rajiv Alexander

    12:20 pm edt 

    Friday, July 29, 2011
    You usually use the term social business instead of social enterprise. Can you explain the difference between them?

    What I was trying to do was to take [entrepreneurship] in one particular direction: turning it into creating a social business. Social business is a business, where you don't want to make money for yourself, but you solve the problem with the business model. This is different from social entrepreneurship. A social entrepreneur may not be involved in a business at all, it could be just helping your neighbourhood, improving healthcare, helping people to do that in a new way.

    What will you be focusing on over the next six months?

    I have been over years spending more and more time on promoting social business, setting up social business, bringing social business to courses at universities, helping design social business institutes and universities ... answering questions related with social business.

    This is what I will continue to devote time to. Because now social business is spreading in many more countries – previously it was only in Bangladesh and one or two other countries – this will take up a lot of my time.

    Which countries do you think are leading the way in social business and why do you think this is happening? Where is the concept of social business most developed?

    One is Bangladesh. France is very interested. They have created a social business chair in a business school and they have many companies participating in social business. Its government is very much interested; we are talking of social business in the context of G20, during its presidency of G20 they want to promote the concept of social business.

    Also in Japan, and Germany. The mayor of Wiesbaden, Germany, has declared the city a social business city .

    What was the inspiration behind the Grameen bank?

    When I began I was not thinking about creating anything, I was thinking about demonstrating something that might work. I was not looking for examples around the world. I was just thinking if I do it in this way maybe it will work. I was not thinking about creating an institution.

    So I learnt by doing. I started in one way and continued in that direction. I never had a blueprint that I have to do this year this, next year that, third year this and on the fifth year that. I was always thinking that if I do one more step it will be over and everybody will be happy.

    Your partnership with Danone is well known. What has been learnt from it?

    It was the first time we had a partnership with a huge multinational company. Until then people where very doubtful about the social business idea. It was something that never makes any sense to business people; maybe for NGOs or some individuals, but definitely not a serious business proposition. When Danone's chairman came forward and said I would like to join with you to do a social business everyone [thought] if Danone does it, then it must be serious.

    After that other companies came forward. So today it is a legitimate business and nobody questions the involvement of well-known CEOs in social business. HEC business school became interested [the school now runs a social business certificate programme], if the CEOs are doing it, our students must learn about what they are doing. So that became another subject of economic interest. Today young people are interested.

    Have you ever thought about leaving Bangladesh?

    I could have settled in the USA, I was there, teaching. I finished my degree there. Many like me never come back. Bangladesh's history is not a small history, there are lots of ups and downs, a lot of violence – but I have no intention of leaving the country.

    Is money the problem or what we do with it?

    Money is not the problem in the sense if you could make good use of it. But for many the accumulation of money has become an obsession. It is widely accepted 'the more money I have, the more successful I am'. We should not measure success with money. To me human life success should be measured with what contribution you have made in making this planet a better place. And what kind of life you have lived on this planet. Money per se is a piece of paper ... It is what you do with the money, what impact you create with the money that's important.

    Many people all over the world are starting social businesses having been inspired by your work. What would you say to them?

    They have enormous capacity to make an impact in the world. Pick a subject, pick a problem, design a business to solve that problem, and take it from there.

    The interview with Muhammad Yunus was arranged with the help of Nesta

    6:10 pm edt 

    Friday, October 29, 2010

    Remembering Norman Macrae - notes ahead of 60 person party @ The Economist Boardroom 16 Nov 2010

     As well as future histories through which dad exponentially mapped changes that were already happening, my dad was most valued for 3 subjects which he wrote up in 2000 leaders published in The Economist 1949-1998, and several books
     1 As the journalist of entrepreneurs (ie community sustaining economics and 90% of greatest inventions for humanity rose from very small groups often using intergenerational knowledge) -jokingly he would say that macroecconomists (who increasingly found to be hired to be agents of disgraceful political chicanery) would find entrepreneur the last word in adam smith's lexicon that they could turn against its original community-grounded flow – “between take” refering to that transfer of assets made when french liberte egalite fraternite was socially (if not peacefully) actioned by guillotining royal heads who were monoplising productive assets in particular between 76-84 he wrote trilogy on last quarter of 20th C and first quarter of 21st being the greatest change period ever and so entrepreneurs most exciting tome to be alive:part 1 end the lose-lose-lose economy of big organisational systems before 2010 (end big gov, end big media, end big corp)- the exciting thinng will be the new micro up system designs economics will needpart 2 service economy need tem franchises and empowering not bossy leaders (intrapreneur)prt 3 internet and knowledge value multiplying economics of networks- see next para 2 As first journalist of internet and mobile technology’s death of distance as a cost –the greatest economic stimulus ever to hit one worldwide generation (provided we helped youth collaborate around it)- he and I co-wrote for 1984 publication how the internet generation would change the world by an order of magnitude of productivity : I had between 1973-1976 worked on a live electronic network through which 500 university students in 4 locations interacted simultaneously – part of the UK’s national development program in computer assisted learning where we explored things about action learning that most teachers dont yet begin to use in schools –except new zealand where a guy interviewed dad in 1984 ; interestingly the book of the new zealnad project has also sold 10 million copies in china)  CRASH the world macro down – endgame by 2020s worse than orwell's big brotherorSUSTAIN micro up - 10 times more health and wealth to multiply - by 2010 we would know if we are on this rising exponential as the internet's number 1 game would be to end poverty - 30000 community to community replication solutions would be found partly after a  noble laureate had convened a reality tv show reaching a billion people many who clicked ides onto the net for ongoing testing  

    3 As journalist of Asia Pacific www century 1976-2075 which he branded in 1975 s the destiny of 2 billion produtive peoples but which started with his first survey of  a fastest climbing nation - consider japan 1962 and ended with consider bangladesh 2008 (dad's last 2 articles) –dad is probably the only foreign economist to receive the japanese emperor’s award of order of rising sun; citation red something like : help us to see a more human and economical way to do global marketing than we otherwise would

    PS rsvp - delighted to hear from people who think my dad had some blindnesses so we can integrate the happiest economics ever to rule the world in time to make join dr yunsu invitation to make 2010s humanity's most productive decade - but norman made a good start in freeing dozens of life crtical service marketplces if you actually read the contexts of his writings on many questions that has either been forbidden or in an age of tv politics exposed to one dimensional left versus right debates instead of 360 degree attempts to innovate higher order perspecitives out of deeply detailed diversity ( cf how maps or maths of integration is a bottom up not a top down process of direction; also demnbd that any profession ruling over  networked ge understands multiply as opernad of connectivity an living systems, not just add as operand of seprabliity and lifeless things)

    1:25 pm edt 

    Wednesday, October 27, 2010

    Roll of Honor of Scottish Youth's Most Valued Partnerships with Dr Yunus
    *Yunus Speech celebrating Adam Smith's 250th
    *Magnusson Prize awarded to Yunus in remembrance of Chancellor of Glasgow Caledonian University
    *Sir Tom Hunter (the Scottsh entrepreneur who helped with origin of funding of Clinton Global Summit) cheer-leads audience - the least Scotland and youth can do to honor you DR Yunus is to action entrepreneuruial projects
    *First SB entrepreneurial project: Glasgow Caledonian supplies training staff for Grameen Nursing College meta-partnerhip (10+ partners) in Dhaka
    *Second SB entrepreneurial project: Glasgow Caledonian takes responsibility for animating dialogues in changes to law needed before Grameen Scoland and extensions round European Grameen microcredit banking can help make 2010 all youths' and families' most productive decade 
    *Glasgow Caledonian Principal funds the second social business professor in the world and the first Yunus Centre outside Dhaka; Chair Cam Donaldson will focus on connections between microbanking and microhealth in poorest communities
    *Glasgow University principal signs partnership to develop a new economics course for use wherever places want to sustain jobs and apply correct Adam Smith community sustaining logics
    *Universities across Scotland invite Yunus capital partners to share their practices in animating youth 3000 festivals; all Yunus friends help Glasgow pilot annual summer weekend festival geared to yunus invitation to make 2010s most exciting decade.
    *Journal of Social Business loans announced with launch due in early 2011. Glasgow suggests creating 2 SB journal spaces - one for 3000 leaders to get updated on most exciting partnerships round Yunus system world of social business; one for any academics who want to present end poverty frameworks in as inter-disciplinary way as possible. 
    2:01 pm edt 

    Monday, February 15, 2010

    Next danonecommunties events paris march 22 & april 22

    more details soon -in phone call to DanoneCommuniities last week next invitations to 3000 youth events of danonecommunities are March 22 and April 22

    yunusdiary is co-sponsored by YunusBook, DevelopingSocialBusiness, LondonCreativeLabs &

    here are some of my replies to the debrief Q&A
    of the 3000 youth event hosted by danone communities and HEC at the Grand Rex Paris 4 Feb 2010 - uncensored text questions from youth with respondents in chief on the stage that included Dr Yunus, Martin Hirsch, Frederick Dalsace chair of social business at HEC and an extraordinary lady from the commission of audiovisuel

    love to know if the people on stage knew what texts they were going to get; in a way I would rather that they did!

    do you think that a text jam can be held independently of having a meeting - ie could the best of a text jam be saved for times when big meetings are convened but also webbed before and afrer; could youth in different cities around the world be involved in a text web knowing that some of the questions would be posed the next time a danone 3000 is convened anywhere

    could liberation or other journalists start using some of the text questions in other interviews they make;  tv broadcasters that are funded by the public should one day include such "live" texts at the same time as leaders are intreviewed in the nighly news on such topics as job creation and who is banking for; we do not live in a democracy or a free market globe if politicians or lobbyists censor what questions they are prepared to be asked or if anchor men are too scared about their own power relationship than asking whole truth questions; bring on the social business anchor women

    2:46 pm est 

    Friday, January 22, 2010

    Dear Lamiya (please relay this memo to DR Yunus)
    I have a memo from the head of a leading global communications agency headquartered in New York asking if Dr Yunus would be interested in working directly with him . The emerging idea to invite his global clients to celebrate the leadership example set by Dr Yunus by each planting an end poverty project in one of the countries that their company is globally present. There are already one or two cases of this being done within his roster of leading global clients - an example I know about planting systems for the poorest in Guatemala. Moreover there is already a multinational team of staff within the agency highly motivated by such purposeful communications efforts
    It is expected that if the group of CEOs can work directly with Dr Yunus at least 10 and probably nearer 20 of this agency's global clients would join in. This is because this agency more than any other has evolved around the idea that the way you brand tells a lot about a leader's own values. Its fieldbook of practicing this is co-written by one of the most admired academic of worldwide branding as a strategic change opportunity. These CEOs are used to working on combined projects provided they are directly system designed by the head of this agency
    Global communications agencies are a small world that I have worked with for 30 years now. Once one offers the leaders of its most impactful clients something young people applaud (and this is seen to be the next wave as Paris on Feb4 will help do) it is not too difficult to chat up others to follow - if you know the people order to diffuse an idea whose time has come.
    Please tell me if Dr Yunus is interested in this approach and if so how you would like to set up a meeting. As you know 2 generations of my family have worked on the economics of media, microeconomics models and the system dynamics of where to plant entrepreneurial revolution. We strongly commend the urgency of this leadership approach so that Mad Avenue and Walled Street move forward into a 21st C Americans and youth in big capitals can be proud of.
    As the triple issue of the journal of marketing management I guest edited in 1999 shows what sustainably energizes brand leadership communication and heroically purposeful innovation round a worldwide organisational system is communal pride and individual passion (self-esteem as your Centre in Paris aptly calls it)
    chris macrae washington dc 301 881 1655
    2:45 pm est 

    Saturday, October 31, 2009

    Games you can play to help dr yunus make 2010s the decade that ends poverty Nobel Muhammad Yunus entered his 70th year on 28 July 2009. I was privileged to be there as part of the only international group invited to the launch of Yunus Centre. We got advance news of Dr Yunus' biggest idea yet - turning the 2010s into a Joy of Sustainability decade. He is inviting any corporate leader and university concerned with sustainability to join in co-brand with global grameen the brand most trusted by communities and microeconomists to bank on people who want to resolve their communities' sustainability crises. Leaders of business and learning are influenced by what citizens are aware of and wish for. I assume that its a no brainer that you wish for sustainability for your children but awareness of how to join the yunus drama of leadership is a challenge. He has no money to waste on advertising his solutions to sustain the world he relies on world of mouth (and web!) whereas systems that are compounding loss of sustainability including wall street each have billions of dollars annually to lobby, to advertise, to distract you with sports and other fun games but ones that have relative little meaning compared with humanity's sustainability crises - be these poverty, climate, or other more local challenges like access to health care or whether there will be any decent jobs at your place for your children.

    To start with here are some memory games. They may not be the most fun game you have ever played but they are based on 33 years of how people memorise things in the noisy world we live in today where you are likely to be propositioned at least 1000 times daily- 99% by spam or stuff that may be relevant to some but that you cannot afford to buy compared with what really make you and your family's life flow the most. Tell us if you have others

    Here are several versions of Global Grameen alphabet games

    1.1  if you have heard of grameen, what else do you remember -call out what you can in 15 seconds - record each memoriser by its initial letter ; ask yourself why you recall what you do and compare with what a friend alphabetically recalls; swap your most important memorisers - eg if she plays a more meaningful  game than you do, don't be afraid to ssbstitute your memorisers for hers, or vice versa - and then viralise peer to peer networking telling sustanability's most important alphabetical stories -why isn't this more fun that asking your co-workers if they watched the box last night to see someone kick a ball through 2 white posts ;  if you live in the UK why does the BBC give no air time to sustanability games' millennium shaping goals and (I guess) about 40% of your licence fee budget to stuff that has no more meaning than where a ball went at a particular second

    Reason for playing these games the more people who recall sustainability solutions matter  and are gravitating around world leaders partnering Grameen, the more business and university leaders will want to partner Grameen. In other words Yes We can make sustainability’s number 1 centre Grameen the identity everyone wants to link into whenever they are actions sustainability services. With due respect if every american played this game for a few minutes day it would matter more than all the money Warren Buffett or Bill gets gives to foundations. Empowerment - its over to you - how do you want the script for the 2010s to turn out- a rerun of the 2000s, or time for some brand alphabet completely different.
    this game has a second half; once we have started to agree the alphabetical characters how do we maxiise their heroic stories in celebrating sustainability -tell me a gramen alphabetical story chris.macrae

    AADDIDAS – everyone’s fitness can star in 2010s -decade when big sporting events celebrate sustainable world’s millennium goals; and developing reality of shoeless child campaign in time for world cup in; then staging a parallel sustainability torch relay to London’s sustainability Olympics; with so many citizens events that nobody who comes for sports will leave without celebrating sustainability   BBASF - exchanging free experiences of how to use basic chemicals for personal and family safety – eg mosquito nets, vitamin supplements for the poorest CCENTRES -university and everywhere (eg grameen hubs round 125000 mobile connected village centres) can be www hubs for missing curriculum of sustainability and the missing spaces for rehearsing these into communal actions- the living labs of You & Us out of which social business designs blossom DDANONE – what’s the greatest consumer good that fast moving food brands can serve?- eg replenishing diets of world’s poorest kids and celebrating their health and families love with worldwide branding 
    EENERGY – through Grameen Shakti partners taking ion world leadership with solar and clean energies and biomass both in doing it and as worlds conscience in the race to ensure no 100 million person nation is drowned    F G HHealthcare’s global village partners of grameen include GE, Pfizer, Novo, Nike Foundation, Glasgow Caledonian, TheGreenChildren
    IINTEL- internet for the poor; encouraging see Bangladesh does with mobile what india did with internet in a world where creativity, open source collaborations and free markets scale by being flat and micro up    JJAMIIBORA- out of Kenya, world heritage sight for youth mobile microcredit & every african micro market empowered by social business-staging best ever microcreditsummit april 2010 K LLabs – creation spaces of and linkins to the greatest and extremely affordable innovations for & by the sustainability of every community
    MMICROCREDIT – banking and local services markets for and by the poorest women and parents, and entrepreneurially sustaining every community’s win-win-win investments in next generationNNOBEL empowering yes we can girls & youth (11 up) to connect economics and peace through celebrating networks and communal processes encouraging sustainable job creation and self-confidence in lifetime’s flow and cross-cultural joyOOBAMA – social business exchanges between America and Africa –especially that needed if obama is to keep his commitment to end deaths by malaria by 2015OTTO –cOTTOn and other goods sustainably made and marketed out of africa PPRIZES led by Prince Albert Monaco sustainability social business prize competition, and indeed peoples democratic foundations with sustainable micro up futures.
    Q R SSOFIA, QUEEN – thanks to Spanish cultures for first queen of microcredit generation and first queen celebrating social business- host of honor at Madrid’s world microcreditsummit 2011TTRUST – sharing how to design systems to compound end of poverty, and changing the valuation that rules of banks and governments in particular focus on community trust, transparency sustainability
    U VVEOLIA – what’s the greatest utilities can do to safeguard lives- eg can you beat 80 times lower priced drinking water than ever previously commercializedVolkswagen – sustainable transport for all peoplesWWHOLEPLANET –micromarkets are good for food producers and if you know want john mackey of leading food supermarkets whole foods knows everyone’s healthXYZYUNUS greatest sustainability investment banker for youth, and future generations wherever peoples celebrate race to end poverty and  fall of walls built to rule over
    10:46 pm edt 

    Monday, May 18, 2009

    Reports Duplicated from Grameen Trust
    Family Bank Bahrain SB# 79

    Grameen in Bahrain

    Prince Shaikh Nasser bin Hamad Al Khalifa, the Chairman of the Board of Trustees of the Royal Charities Organization, and Nobel Laureate Professor Muhammad Yunus inaugurated the Family Bank, a microfinance bank licensed by the Central Bank of Bahrain, at a ceremony held at the Gulf Hotel Convention Hall in Bahrain on Thursday, January 14, 2010. The ceremony was held under the patronage of His Majesty King Hamad bin Isa Al Khalifa and attended by the Minister for Social Development Dr. Fatima Al Balooshi.

    The Family Bank will provide collateral-free microcredit to the needy families of Bahrain following the Grameen Bank Approach. Besides a window for the "Grameen Model," the Family Bank will also lend to individuals for investments in microenterprise and work as a wholesale fund to support NGO's providing microcredit in the Kingdom.

    Since 2007 Grameen Trust, member of Grameen family of companies, has been working with the Government of Bahrain developing the Family Bank. The initiative to establish a microfinance bank in Bahrain started through the signing of a Memorandum of Understanding between the Ministry of Social Development and Grameen Trust during Professor Yunus' visit to the Kingdom in February 2007 at the invitation of His Highness Shaikh Salman bin Hamad bin Isa Al Khalifa, the Crown Prince and Commander in Chief of Bahrain Defense Forces. During that visit Professor Yunus was given the state Honour by the King by giving the Medal of the First Order of Merit, the highest honor of the Kingdom of Bahrain. In May 2007 Grameen Trust conducted a feasibility study in Bahrain and developed the microcredit program of the Family Bank. Grameen Trust has deputed the General Manager for the Grameen program of the Family Bank from Bangladesh who will implement the flagship microcredit program.

    The Family Bank plans to provide collateral-free microcredit to 4,500 borrowers within three years. The primary beneficiaries of the Family Bank's services will be provided to needy families and the unemployed young of Bahrain. The loan products of the Family Bank will be offered in various tiers with $125 for first-time microcredit borrowers.

    The Paid up Capital of Family Bank is $31.25 million, while the Authorized Capital is $37.5 million. The Ministry of Social Development and the Royal Charity Organization owns 63% of the Family Bank. The other shareholders of the Family Bank are Ahli United Bank, Kuwait Finance House, Bank of Bahrain and Kuwait and Ithmaar Bank. Grameen Trust is an implementing partner and has a seat on the Board of Directors of the Family Bank.

    The Family Bank made its first loan disbursement on January 26, 2010.

    Report by : Tamim Islam
    9:25 am edt 

    Sunday, April 26, 2009

    Help us map what sustainability world would have missed if Bangladesh had never existed
    mail with suggestions of improvemnts to map of 10 times more economical banking education energy media heathcrae professions place gov

    Boston B1 HQ of Grameen America; B2 Microloanfoudation*MIT B2 MIT: Yunus Challenge

    NY N1 Grameen America 1 2 & St Johns N2 GrameenAmerica- First USA bank branch ; N3 ASA; N3 BRAC

    DC D1 Son of Obama & Hillary & Bernanke ; D2 Microcreditsummit; D3 FINCA

    Austin A1 Wholeplanetfoundation

    LA L1 TheGreenChildren;  USFC1 Grameen-Intel L2 YunusUni at LACI

    Seattle S1 Micoenergycredits S2 Unitus

    To locate :  USFC2 Grameen-Pfizer; USFC3 Grameen-Mayo Clinic

    Haiti  - Fonkoze
    Mexico - Slim-Grameen
    Bolivia - Pro Mujera

    Paris EFC1 Grameen Danone EFC2 Grameen Veolia EFC3 Grameen Credit Agricole P1 YunusMovie P2 HEC SMBA

    Kenya Jamii Bora

    Malawi Microloanfoundation

    BRAC countries :
    BangladeshRest of Asia & World>
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    the decade that must change climate if my daugter's children are to have an earth hasn't begun that well with dirsuptions at our favorite microenergy epicentre - please permit us to retell one of our favourite dipal barua stories

    1/100 SB stories: 2010s Joy of Collaboration in Sustainability



    Have you ever seen the Queen of England burst out laughing? A huge smile of pride and approval yes, but to go beyond the superhuman pomp and dignity that is demanded by the English class system and global mass media - to transform for a few seconds from head of state to the temporary human bliss that is losing control to a few seconds of pure laughter?


    I ask because there is a rumor that once when Prince Charles met a director of Grameen Bank – his brief conversation turned into pure laughter. And in my daughter's worldwide diary of Yes We Cans, there is hope for sustainability of all peoples if he did.


    The story goes that the third time Charles met a director of Grameen Bank it was with the company’s number 2 man Dipal Barua. Charles was awarding him a grand prize   for services to solar energy. The conversation went something like this:

    Charles: Is it true that your company installs more solar units that the whole of the USA? Dipal: sir, Yes.

    Charles: but is it also true that you are a bank? Dipal: sir Yes

    Charles: but banking and solar energy , how,,, Dipal: ...we are Bankers for the Poor so it is only natural!



    When Dipal told this story he was modestly admitting surprise at how much his repartee had been enjoyed. My job creation journalist friends had spent an hour videoing his kindly explaonations and belief that the micro-solar Social Business system his project team had spent 12 years developing is ready for exponential liftoff

    Dipal's turn of the decade goal is to create 100000 green jobs for semi-literate village women in Bangladesh this side of London’s Sustainability Olympics 2012. My co-journalist Sofia Bustamante     of   , whom I have ever since dubbed first anchor woman of social business , had nudged Dipal at the end of the interview to sharing his favourite personal story. 

    Now, I am delighted if Charles’ spontaneous combustion was stimulated by Dipal who is equally as charming company as the other happy bankers Mrs Begum, Professor Latifee and Dr Yunus who co-founded Grameen from a $27 sustainability investment made in 1976. However, there may be a second way of construing this climactic royal joy.

    This was probably Charles third close encounter with the worldwide's most economical system design called Grameen Bank. The other two occasions he had identified with the redoubtable Muhammad Yunus: first when Charles wrote a foreword to Dr Yunus’ book “Banker for the Poor”, second when Prince Charles' Foundation had asked to meet Dr Yunus while he was in Europe receiving his Nobel Prize in 2006.

    The idea that the Nobel Prize had been awarded for the win-win-win of peace, and banking, and Prince Charles special interest renewable energy was just too much for a human being to celebrate - with anything other than pure laughter.

    Three cheers: for The Queen, The Prince of Wales and the world's happiest banker. May their next Social Business systems meeting free the global market joys of the Olympics, Sustainability and the BBC world service - London 2012.

    If you feel like celebrating the 2010s with 100 stories of good tidings, joy and Global Social Business -add a story at (subscription may be requuired to this official forum for mentoring 5000 youth ambassadors and preparing 70th birthday parties)

    Joking-but-Serious References if we need be academic as well as practical about Joy are sought. You may find some of these guide your next clicks into a joyful 2010s :

    What The Economist's greatest editor wrote on collaborating around the Social Business design of being The Queen

    a few quotes from the 7 year old club of delhi formed to celebrate Global Reconciliation Network 2004 annual meet at Indira Gandhi National Centre of Cultures

    Einstein- only Gandhi has demonstrated a higher order system that can sustain 21st Century beings globally and locally .Gandhi insisted that human knowledge must always be in charge of information technology.

  • It seems to me that there is a very fundamental kind of existential decision we make: do we believe our joy or do we believe our neutral states? In the latter case, the move is always one of prudence - not to make decisions in a time of enthusiasm when one is carried away, but rather to wait until everything cools down. I think one of the most important things there is - I would almost say one could make this a kind of maxim for life - is to always make decisions in a state of joy.One should believe one's joy more than one's prudence, or any cautious or fearful state of mind". - Alphonso Lingis."
  • Drayton: Gandhi realised that lawyers' rule-based human relationship systems will need to be increasingly replaced by empathy-rich systems, the more we cross-culturally interconnect
  • Ashoka and The Asoka  (Saraca Indica), an ancient tree from which the name of the great emperor Ashoka was derived, means, without grief. The tree and the name have provided some of the most fundamental motifs to Indian art. Representing fertility, it pervades the classical and medieval arts. It is as important in the biological sciences as it is in metaphysics and the artistic traditions. Asoka is wonderful herb also that claims to cure several diseases. According to Ayurvedic medicine, it is the one herb that stands out as especially useful for treating excessive uterine bleeding. The tree symbolises the interdisciplinary approach,
  • for video interviews we made with dr yunus leadership team in summer 2008 and 10000 free dvd giveaway please go to ; for the official yunus outreach web go to ; for the web with dr yunus' latest news ; for how grameen leads mobile standards research for the poor; for world leading microenergy franchises
    job creation world's most inspiring business libraries - rsvp info@ or if you are in london dont miss - coming soon creative labs in 100 future capitals - we did it in at turn of millennium to discuss dotcoms, we yes can just do it in the 2010s to sustain good jobs and healthy climates and rebrand saving banks to be for and by the people 
    1:59 pm edt 

    Tuesday, January 20, 2009

    Launch of a new microcredit - the city of Paris France
    the city of Paris, after a yearlong debate and discussion, has adopted a version of the "microcredit" method, invented by Dr Muhammad Yunus originally to fight poverty in a developing country.

    From this month the city of Paris (one of the richest in the world) is covering all its quarters to provide microcredits to the needy through one of the oldest banks of the city, Credit Municipal. The number of poor people needing help in the city has increased by a third during the last one year and is increasing further due to the recent global recession.

    A monetary measure of poverty is of course relative. The items to be financed with the microcredit in a developed economy (per capita income over $32,000) and in a developing economy (per capita income, say, $1,000), could also be quite different. In Bangladesh for example it is perhaps a loan to buy a goat or a mobile phone for renting, to a lady in a village; in Paris it is a loan to buy a computer for a young son of an unemployed single mother (who has to live on a "social security" income of 685 Euro per month) or for financing a vocational training course, or to cover the fees for a driving license course.

    It is interesting to note that the loanee typically is a woman whether in Bangladesh or in Paris.

    In his early experiments in microcredit, in the seventies, Dr Yunus came to a crucial discovery: women in general were more responsible for the well-being and the economic future of the family members than men in a similar economic situation..

    Analysing the first institution building phase of Grameen Bank, two Norwegian social scientists, in their early study of the phenomenon, noted (among many other interesting things) the silent pride and determination of Grameen Bank -- its leader and its members --- to succeed in the struggle to free the country from the grip of poverty. The two writers surmised that it could lead to an unexpected present from Bangladesh, a silently proud nation, to the world: an institution to fight poverty anywhere.

    12:13 am est 


    INTERVIEW/ Muhammad Yunus: Selfless side of humans can overcome crisis





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    DHAKA--A new business model that puts top priority on contributions to society instead of short-term profittaking will hold the key to overcoming the current global financial crisis, Muhammad Yunus, a Bangladeshi economist and managing-director of the Grameen Bank, said in a recent interview with The Asahi Shimbun.

    The winner of the 2006 Nobel Peace Prize urged Japanese companies to join his proposed "social business" initiative, which aims to put human selflessness into a market long dominated by the selfish pursuit of profits.

    Yunus, 68, who devised the "microcredit" system that extends unsecured, small-amount loans for the poor, also said the neediest people are the ones most seriously affected by the global financial crisis.

    Following are excerpts from the interview:

    * * *

    Question: If we look back at what happened in 2008, one of the biggest events was the global financial crisis. It can be said that through excessive trust in the markets, businesses that focused only on profits have collapsed. What is your opinion?

    Answer: It happened so suddenly, but it showed that those who knew everything, understood everything, and were confident in themselves were not correct. So (despite) expertise in understanding the financial world itself, it showed that we do not have the capacity to understand those cases.

    The big pillars of the financial system just collapsed, and that was not realized (even) by experts weeks ago. That was a shocking part of it; people were not aware of it.

    And then (there are) the causes of this. Always everybody was given to believe that the market is supreme, that "invisible hands" solve everything in the best possible manner, and there was nothing to worry about.

    The market doesn't solve everything.

    In hindsight, they are saying that the reason is extreme greed, which led to the collapse. Or some say the marketplace has been used like a gambling casino. It's no longer business; it's gambling.

    Everybody changed some fuzzy thing or built castles in the air. Those things didn't exist, but everybody was made to believe they were there.

    Secondly, under globalization, you suffer in a way from something you have not done, so it's somebody else's mistake. Somebody else's greed makes everybody else suffer.

    Another irony in the situation is that the richest people lose lots and lots of their money and wealth, but the guys who had a billion dollars still have half a billion dollars left. And once things go back to normal, they can get a billion dollars again.

    But the 3 billion people at the bottom have been hit the hardest because they are losing their jobs, incomes and food now that the economy is slowing down, factories are closing, jobs are being cut. They are the ones whose lifestyles suffer the most in a physical and miserable way.

    We are busy talking about bailout packages for the rich, billions of dollars, 700 billion for this, 300 billion for that, 200 billion for that. We are all busy making those bailout packages for the rich. But nowhere are we talking about bailout packages for the poor who are losing their jobs and so on. That is also an ironic situation.

    One last thing I want to comment on is that we forgot that the financial crisis is just one of the crises in 2008. We forgot that in 2008, we had a food crisis. It was a massive food crisis, and it has not disappeared.

    2008 is also the year of the energy crisis, when oil prices went up to $150 (a barrel) and so on. It has calmed down for a while, but the crisis has not disappeared; it is very much alive.

    And one crisis that continued not only in 2008 but long before 2008 is the environmental crisis.

    So this is a combination of these crises. These are not separate crises. In a way, they are interlinked with some connections. We have to see how we can redesign the whole system. This has to be done now.

    Q: You said these four crises are interlinked. I think they are related to globalization and free markets. What do you think? Are you OK with globalization and free markets?

    A: Globalization is not something that somebody designed. Even if we go back hundreds of years, globalization was still in action. People were moving around from the beginning of globalization. We cannot change the process of globalization.

    What we can do? How can we raise a question that doesn't ask the silly question of whether we should go for globalization or should we stop it.

    The real question is "right globalization" or "wrong globalization." If we do not do anything about it, it will be wrong globalization. We have to make rules on the procedures of globalization so that we all agree. Because if we are all free players in globalization, then the biggest and the richest will take away all the gains in globalization. The weakest and smallest will get nothing.

    If we gain from globalization that is desirable for everybody, we must ensure it's win-win for both sides in the picture.

    In the beginning, we do not feel comfortable because you are rich. "Why should I live with you?" I am capable, I have the technology, money. I can do it. That is not how globalization survives.

    Then it will become a kind of economic imperialism. You have the power, you take everything. You have money power instead of soldier power or military power. You use money power to take over. That's not a good thing. You colonize poor countries, you take over their economy because you have money.

    Everybody has to have their place, a place of dignity. That is the right spirit of globalization.

    And also the market is a good thing. But we are misusing the market. That's why I say we have to correct the economic system before we correct the financial market, because the financial system is an outcome of the economic system.

    In the economic system today is the practice we call capitalism. We fundamentally misinterpret capitalism. The idea of capitalism means that we all have to be greedy people. We say business means business to make money. Profit maximization is the mission of business.

    Because of this interpretation of capitalism, (we) assume human beings are machines, money-making machines. We put human beings in one dimension of the picture. We are all in one dimension on how to make money.

    But at the same time, all people have a selfless part. There is the selfish part of human beings and the selfless part of human beings. But we have created a business world based on only the selfish part of human beings.

    If we allowed the selfless part to be put in the marketplace, then the market becomes complete.

    Why not create another kind of business to take care of the selfless part? We call it "social business."

    One kind of business is to make money and enrich yourself financially. Another kind of business is social business, where you use your money to change the world, to solve the problems we see around us without any intention of personally gaining in a financial way.

    We can have both of the businesses since we all have two aspects and we can participate in both businesses. Then the marketplace will be more balanced. Then we can create a business to adjust poverty, deal with the malnutrition of children, the health of women, housing for poor people, drinking water for everybody, environmental issues.

    These all can be addressed in social business. Social businesses are non-loss, non-dividend companies with a social purpose.

    We have created some of these companies in Bangladesh. One is the Grameen Danon (Food) company, which produces yogurt with all the micro-nutrients mixed in (and) sells it to malnourished children so that they regain their health. This company is not trying to make money for itself or for its owners. This company is trying to solve the malnutrition of children by joining as a business rather than as a charity.

    Q: Social business is an unknown concept to the general public. You said it is a no-loss, no-dividend business working for social objectives. It needs capital investment, doesn't it? What is the basic mechanism?

    A: Investors first decide to use their money to address a particular problem, like drinking water. We have arsenic in drinking water in Bangladesh. I want to invest in drinking water so that people have safe water and don't have to suffer from drinking arsenic. That is my objective.

    I put the money in, and running this business means people have to buy this water. I do not give it to them for free. The company covers all the costs but it makes a profit. But I will never take it because this is not my intention.

    My intention is to make sure people have good drinking water. I can get back my investment money, but my satisfaction comes when I have saved the lives of people who had arsenic in their drinking water.

    Somebody may ask why you do not make money. I say the selfless part of people will do it.

    Q: What are the profits used for? To improve the business?

    A: Yes, exactly, so that the business will improve, expand. I started this when profits were made, used them to make it bigger and bigger.

    Grameen Danon is the (social business) company and Grameen Veolia (Water) is another (social business) company. This is a water company. We have just started it. Veolia is a French company, the largest water company in the world.

    We are creating more and more social businesses.

    Q: You have achieved a lot of success with your creation of Micro Finance. How do MF and social business interlink?

    A: They have strong links because MF came from the direction of something different from conventional business. We created Grameen Bank not to make myself rich. That was not the intention at all. I created GB to help poor people, to create self-employment, so that they can generate an income. My intention is to help people.
    Q: In Asia, China and India are emerging as economic giants. They are growing amid globalization and the free market. Is it possible for them to eradicate poverty if they continue on the same course?

    A: In both India and China, the reduction of poverty is dramatic. China has brought poverty down, down down, quite similarly in India. So even (through) globalization and profit-maximization, (economic) growth has an effective impact on poverty levels.

    But take the case in the United States, which is the richest country in the world. There are the rich, but there still are a lot of poor people. For example, in the United States, there are still millions of people who cannot afford health services because they are not covered by health insurances because they are all privatized.

    In a private economy, poor people are left out. There are 47 million people in the United States without health insurance. This is an example (of what happens) if we follow the same procedure (of) existing capitalism. ... If the United States has 47 million, in India, there will be three times more because the population is three times as much, and in China, four times as much.

    Unless we have this completed capitalism in which both sides--selfless part and selfish part--work together in the market, you will have this problem.

    Q: Asian people have had a kind of tradition or wisdom of a so-called sustainable economy, self-efficient economy, something like that. How can this tradition be used to eradicate poverty?

    A: It is very important. Those elements are still in our culture. This is also an element of selflessness. In the United States, that part has been eliminated.

    In a formal economic sense, if you have social business, you could express this aspect. Our selflessness is (expressed) much more effectively than among people in the United States. This is the beauty of Eastern society. We have those values that are very strong even today.

    This tradition is very useful for social business. Because we care about our family, we say that family is the smallest unit. Then we feel for the community ... and want to come back to our villages when we retire ... . This is our feeling. You want to sacrifice your life to help people in your nation. This is very strong in Asian tradition. It is very helpful.

    Q: What do you expect from Japan, Japanese companies, NGOs and people?

    A: I explained what social business is. They can play a very important role. French people can do social business, even Germans can do social business. I am sure that Japanese will do it in a more effective way because they understand what it is.

    Today, they are one-dimension business people who see money, stock markets and nothing else. If they take off their profit-maximizing glasses and put on social-business glasses, they would see a completely different world.

    Japanese companies have corporate social responsibility funds. They can use this money for creating social business instead of just using this money as charity. All these things can be very neatly done.(IHT/Asahi: January 14,2009)

    12:06 am est 


    Godwin Ehigiamusoe, founder and managing director, Lift Above Poverty Organization (LAPO), a leading microfinance institution in Nigeria recently emerged as the winner of 2008 FATE Foundation’s Model Entrepreneur Award . In this interview with IDRIS UMAR MOMOH, our Benin, correspondent, he spoke on several issues including the FATE Foundation’s Award, achievements of LAPO, his mission in Sierra Leone and the way forward for the microfinance sub-sector .

    Relationship with Muhammad Yunus
     Precisely I came into contact with Muhammad Yunus in April 1991, when I attended an International Dialogue programme at Grameen Bank. Since then I maintained close relationship with him and his top associates at Grameen Bank. Professor Yunus is a remarkable fellow who foresees a world without poverty, a goal achievable through access to appropriate financial services especially for low- persons. Most leading microfinance practitioners across the world draw inspiration from this Bangladeshi. He has special affection for LAPO and me. At a point in our recent national history, Professor Yunus was always amazed as how LAPO could come out with remarkable performances in an obviously difficult situation.

    FATE Foundation Model Award
    First of all, we need to have a background to what the award is. The FATE Foundation is an organization committed to enterprise development in Nigeria. In 2001, the Foundation instituted the award to acknowledge and celebrate an individual who through diligence and enterprise has become a role model for aspiring entrepreneurs. The selection process is thorough and rigorous. Over the years I have held the FATE Foundation in a very high esteem for what it does. Therefore, it was a great honour to be selected as the winner of that award. I think it is also an acknowledgement of LAPO’s accomplishments as well as the potentials of the microfinance sector in which I am involved. I feel good about it, it is better for LAPO and obviously the best acknowledgement of microfinance practice in recent times. 

     LAPO’s contributions to the microfinance sub sector
     It is true that we as an organization have over the years been active in microfinance. We have taken an institutional character which reflects the ways we operate. We have demonstrated commitment to poverty lending that is microfinance. We have also developed tested systems and procedures to do that .We have learnt from our experiences, from our successes and even some cases from our failures. LAPO has large outreach in terms of service delivery across Nigeria . For instance I delivered N9.3 billion to mainly female entrepreneurs in 2008. It is therefore understandable to associate LAPO microfinance in Nigeria and indeed Africa. 
    LAPO and poverty alleviation
    We need to know and look at what microfinance is all about. Essentially it is poverty lending, that is applying access to affordable financial services to address poverty. Considering the volume of financial services we have delivered over the years, as well our contributions to capacity building in the sector it safe to say that LAPO is making impact on poverty. Through provision of loans LAPO currently keeps over 300,000 women in self-employment that owing micro-enterprises. Employment is critical to poverty reduction. These low-income persons are enabled to send and retain their children at school, enhance nutritional status of their households and in some cases create job opportunities for others. LAPO currently engaged 1,712 persons as its staff personnel.
    . In all these, we have done very well, and this informed the attention and recognition.

    LAPO in Sierra Leone
    This is an opportunity for me to put this in a clearer perspective. Many persons have actually asked me this question that is why go outside Nigeria when there is huge market in Nigeria. My response has always been that we at LAPO do not see a country as a market; we rather see country from the perspective of poverty situation and what role provision of financial services can play in poverty reduction. Take our programme in Sierra Leone like some few nations in Africa lost of the height of what is known as microfinance revolution in 1990s on account of civil strife. Currently there is tongs commitment of the part of the leadership and people of that country to grow their economy and reduce poverty. After a visit to a number of countries on the continent we felt an urgent need to support microfinance in Sierra Leone through service delivery and provision of technical assistance to local microfinance institutions. This is what we are doing there. Out interventions outside the country will not affect the pace and quality of our operations in Nigeria. It will have negative effects. These institutions need support for the development of their capacity. They no longer need to go out of Africa for training opportunities.

    LAPO and pro-poor enterprise 
    I will seek opportunities to support young Nigerians who are aspiring to be successful entrepreneurs.
    I will confess that my background prepare me to be involved in a pro-poor enterprise as microfinance .I spent my years in the University besides my studies, organizing symposia and seminar on how to bring better life for the less privileged members of our society or the masses if you like. And therefore my getting involved with LAPO was essentially a sort of a follow up to those things I was doing in the University. But there are also some immediate prompting factors. For example we all know 1980s was when the economic crisis actually started in this country, and by 1986 the then military government adopted the implementations of the Structural Adjustment Programme (SAP) which actually brought hardship to our people. It was in this setting working as a cooperative officer in Ogwashi-ukwu which is now in Delta state that I initiated what was then known as “Lift Project” as voluntary initiative. What therefore prompted me was what someone can be regarded as the fallouts of the implementations of the Structural Adjustment Programme (SAP).  
    Impact of microfinance policy
     I strongly believe that the microfinance policy and regulatory framework is capable of developing the microfinance sector in the country. And there are few things to be done .For instance, there is need to look at the financing of microfinance in Nigeria, and that means that microfinance institutions and banks will have access to funds to make loans to low-income persons or micro-enterprises. It is obvious that low-income persons are not above to make enough deposits from which microfinance banks to use to finance their loan portfolio. The good news is that the Central Bank of Nigeria is already taking steps in this direction. The process should pace up as the greatest challenging for microfinance banks and institutions in inadequate re-financing mechanisms. They need funds to disburse to the poor. Operational procedures of what institutional arrangement or fund to come up should be clear, objective and transparent. Another area is that of provision of professional training for microfinance practitioners. There is lack of experienced staff; therefore there is the need to support institutions as LAPO to provide training for fledging institutions and persons aspiring to be practitioners. These are the key issues that need to be looked into.

    Role of commercial banks in micro funding.
    My position of this is clear; commercial banks have no business in the business of retailing microfinance services. They do not need to set up microfinance subsidiaries to benefit or make money from microfinance sub-sector. They should be involved in wholesale micro financing. They should rather set up Microfinance Funds owned and managed by the banks. Retail microfinance banks and institutions can access these funds for on-lending to their customers. This is more cost effective and it is the conventional practice international. However some banks in Nigeria but with international ownership are already using this wholesale approach, and I know they are not complaining.

    Government, microfinance operators
     My appeal first is to the microfinance operators, that is investors and especially managers should strive to be very professional in their approach. Borrowers or owners of micro-enterprises should maximize the benefits of access to affordable financial services. Relevant government agencies to support the microfinance sector by spearheading the establishment of microfinance fund for the purpose of on-lending. Development agencies also have a role to play. Because of their experience in other countries where microfinance has been sufficiently developed they can also support the development of microfinance in Nigeria. Commercial banks have a major to play.

    11:57 pm est 

    china ceo alibaba:

    Interview with China’s Internet Godfather

    The Financial Time’s Kathrin Hille interviews Jack Ma, founder and chairman of China’s online trading site View the video here:

    Although China’s economy is so far faring better than others, domestic trade has slowed, affecting a large chunk of Alibaba’s business – 28.7m of its registered users are in its home market. To soften the blow, Alibaba has facilitated loans in excess of Rmb1bn to SMEs [small and medium-sized enterprises] that would otherwise have struggled to get money.

    “We do the same thing as Muhammad Yunus,” says Mr Ma, referring to the father of microcredit

    11:48 pm est 

    Sunday, January 11, 2009

    Three Entries from Journal of Norman Macrae: Diary of a Microeconomist 1943-2009


    Entry 1 - After Royal Automobile Club lunch on Future Capitalism with Dr Yunus

    (St James’ London 2008, Feb15)

     The Importance of Muhammad Yunus The Nobel Peace Prize for 2006 was controversially awarded in Oslo to a "banker for the poor" in once basket case Bangladesh. Since the microcredit system pioneered by this Doctor Muhammad Yunus really has raised record millions of Bangladeshi women from the world’s direst poverty, Yunus was greeted on his recent visit to London largely by the misunderstanding Left. But as an octogenarian economist, I also had lunch with him and thrill fully to his stated aim to "harness the powers of the free market to solve the problems of poverty", and his brave belief that he can "do exactly that". This apparent appearance of a viable system of banking for the poor has important implications. We had better start by examining how microcredit almost accidentally came about.  START IN A STARVING VILLAGEDuring Bangladeshi’s terrible famine year of 1974, Dr Yunus (who had attained his doctorate in economics in a fairly free market American university) was back at his 1940 birthplace of Chittagong, Professor of Economics at the university there. He took a field party of his students to one of the famine threatened villages. They analysed that all 42 of the village’s small businesses (tiny farm plots and handcrafts) were poverty-trapped by moneylenders.  To be productively free, they needed to borrow a ridiculously tiny total of $27 on reasonable terms. First thought was to give the $27 as charity. But Yunus reflected: a social business dollar that needed to be entrepreneurially paid back from careful use in an income generating activity can be much more effective than a charity dollar which might be used only once and frittered away. All of those first 42 loans were fully repaid, and lent back, and after 9 years further experiments Yunus in 1983 founded his Grameen (which means Village) Bank. Its priority was to make loans that were desperately needed by the poor instead of the usual banking priority to make loans to the rich who could provide collateral against what they happened to want to borrow. In the next 24 years, Grameen provided $6 billion of loans to poor people with an astonishing 99% repayment rate. In 2007, it had seven million borrowing customers, 97% of them women (who tend to be the poorer sex in rural Islamic societies) in 73000 villages of Bangladesh. Microcredit banking networks have now reached 80% of Bangladeshi’s poorest rural families and most of Grameen’s own borrowers have risen above the absolute poverty line. When a Grameen Bank manager goes to a new village, he has entrepreneurially to search for poor but viable borrowers. He earns a star if he achieves 100% repayment of loans, and another star if he attains achievement of the 16 guarantees that all customers are asked to pledge, ranging from intensive vegetable growing through attendance of all children at school, to abolition of dowries. A branch with five stars would often transfer to ownership by the poor women themselves. A branch with no stars would be in danger of closing, so borrowers tend to rally round with suggestions, such as which unreliable repayers to exclude. As early as 1996, a breakthrough income generator was the franchise of telephone ladies. They borrowed enough to buy a cheap mobile phone from a Grameen subsidiary. They would draw fees for phoning to see if more profitable prices for crops were available in a neighbouring village, and from anybody who wanted to hire the phone to contact the outside world. This is a job that could only become important in a microcredit setting; the owner of a mobile phone in richer suburbia would not find many customers to hire her set. The apparently small change of the mobile telephone lady has compounded the most extraordinary end digital-divides consequence. Today Bangladesh is at the epicentre of mobile partnerships, one of which is cheerfully known as  Children have always been at the core of Yunus visions of sustainability investment. So it was fitting that the innovation strategy of Future Capitalism began with a co-brand designed to improve the nutrition of poor children in the villages of Bangladesh. This social business was formed with the large French food multinational called Danone. Grameen-Danone test marketed to find what sorts of fortified yogurt Bangladeshi children would like. Although Danone at first wanted large plants with refrigerated systems, Grameen won the debate to make then small plants who bought local milk and very cheap local distributors who knew which families had children who might buy the cheap yogurt fresh. Danone had to agree not to pay any dividend from the sales of the yogurt in Bangladesh so as to keep the price cheap at a few US cents per cup, but its $1 million investment remains returnable, it has learnt a lot about sales of a new product in poor countries, and immense goodwill is multiplying round Danone branding as the lead global corporate benchmark of Future Capitalism  THE FUTUREFuture Capitalism partnering ( ) is a leading idea for networked economies whose time has come. Yet my view is that Grameen will soon be seen as central to an even more critical free market choice : what future of banking will people everywhere want? In this 2008, conventional bankers to the rich have trotted in panic behind the American giants who grossly mislent on subprime mortgages, and then sold these loans on in "securitised", and exploding and even "derivitavised" packages to weaker funds and banks who have frantically tried to disguise from their shareholders and from themselves how unmarketable and worthless some of these assets are. If all bank statements in early 2008 had been utterly and appallingly honest, runs by depositors out of them could already have accelerated out of control. Such banking crises are likely to recur before and after next January when a new American president takes office. Across the Atlantic, Britons should remember that our prime minister in 1929 was our last previous dire right wing Labour Scot, and that he had to coalesce in 1931 with a Baldwin who was as deaf as today’s Cameron to why it is better to widen budget deficits in a slump. 

    A lesson in how to run village businesses and not to handle bank crises comes also from Japan. When I wrote my first book on Japan’s economy nearly 50 years ago, Japan had about two dozen lightly taxed exporting multinationals who bought their components marvelously cheaply. The car factories bought their ball bearings from tiny village firms, and the banks attached to Toyota etc kept on lending even when some peasant’s first bearings did not past muster but gradually propelled him to work with or under a brighter neighbouring peasant whose products did. That seemed inefficient to American experts and in the early 1960’s I had a translated debate on Tokyo television with an American who said that such slack banking would ruin the country. I rejoiced as Japan then quintupled its living standards in the next twenty years and its banks became temporarily the most powerful and prosperous in the world. The crash came when in the late 1980s American business schools convinced Japanese factories that components must be bought just-in-time. The big banks turned to financing suppliers who could do this (which were not those striving to be cheapest). Banks lent mainly to new firms who could provide collateral which meant to richer ones. Once they were lending mainly to the rich they blew up such a bubble that the nearest golf course to Tokyo was said to have a greater land value than the whole state of California. When this bubble burst, all the banks had bad debts, which the government helped them to hide so Japanese living standards stop rising fast since circa 1989. This is the threat to the whole rich world today.

      Entry 2 - Published in The 2024 Report – a concise Future History, 1984 - by Norman & Chris Macrae The View from 1984 on whether going global and practicing economics will systemise sustainability networks, or not?  By 2005, the gap in income and expectations between the rich and poor nations was recognised to be man's most dangerous problem. Internet linked television channels in sixty-eight countries invited their viewers to participate in a computerised conference about it, in the form of a series of weekly programmes. Recommendations tapped in by viewers were tried out on a computer model of the world economy. If recommendations were shown by the model to be likely to make the world economic situation worse, they were to be discarded. If recommendations were reported by the model to make the economic situation in poor countries better, they were retained for 'ongoing computer analysis' in the next programme. In 2024, it will then be easy to see this as a forerunner of the TeleComputing (TC) conferences which play so large a part in our lives today, both as pastime and principal innovative device in business. But the truth of the 2005-2010 breakthrough tends to irk the highbrow. It succeeded because it was initially amplified by a rather downmarket television reality programme. About 400 million people watched the first programme, and 3 million individuals or groups tapped in suggestions. Around 99 per cent of these were rejected by the computer as likely to increase the unhappiness of mankind. It became known that the rejects included suggestions submitted by the World Council of Churches and by many other pressure groups. This still left 31,000 suggestions that were accepted by the computer as worthy of ongoing analysis. As these were honed, and details were added to the most interesting, an exciting consensus began to emerge. Later programmes were watched by nearly a billion people as it became recognised that something important was being born. These audiences were swollen by successful telegimmicks. The presenter of the first part of the first programme was a roly-poly professor who was that year's Nobel laureate in economics, and who proved a natural television personality. He explained that economists now agreed that aid programmes could sometimes help poor countries, but sometimes most definitely made their circumstances worse. When Mexico was inflating at over 80 per cent a year in the early 1980s , the inflow to it of huge loanable funds made its inflation even faster and its crash more certain. The professor set Mexico's 1979-1981 economy on the model, pumped in the loaned funds and showed how all the indicators ( higher inflation, lower real gross domestic product and so on) then flashed red, signaling an economy getting worse, rather than green, signaling an economy getting better. ..The professor then put the model back to mirror the contemporary world of 2005, and played into it various nostrums that had been recommended by politicians of left, right and centre, but mostly left. The dials generally flashed red. Then the professor provided another set of recommendations, and asked viewers who wished to play to tap in their own guesses on the consequent movement of key economics variables in the model. Those who got their guesses right to within a set error were told they had qualified for a second round of a knock-out economic guesstimators' world championship. Knockout competitions of this sort continued for viewers throughout the series of programmes. In the second part of that first programme, the presenters dared to introduce two political decisions into the game. They said that government-to-government aid programmes had been particularly popular among politicians during the age of over-government, but there was growing agreement that government-to-government aid was the worst method of hand-out. The excessive role played by governments in poor countries was one of the barriers to their economic advance, and a main destroyer of their people's freedom. Could anyone have thought it would be wise to give aid to President Mbogo? In consequence, the most successful economic aid programmes had been those operated through the International Monetary Fund, which imposed conditions on how borrowing governments should operate. The professor showed that IMF-monitored operations in most years had brought more green flashes from the model than red. But this involved IMF officials - often from the rich countries - in telling governments of poor countries what to do; and one of the objectives of this town meeting of the world was to diminish such embarrassments. 

    The first questions to be asked in the next few programmes, said the compilers, were 1) which countries should qualify for aid? ; and having decided that, 2) up to what limits and conditions? ; and 3) through what mechanisms? They promised that later programmes after the first half-dozen would examine how any scheme could be used to diminish the power of governments and increase the power of free markets and free people.


    Entry 3 - View During Congress Trillion Dollar Bailout

    (Wimbledon, last quarter 2008)

     How to Avert A Great Depression Through the Hungry 2010s?  Answer, By Making All Banking Very Much Cheaper If banks in rich democracies had been truly competitive institutions, at least one of them somewhere would have seized the main opportunity created by the computer. This main opportunity was to make all deposit-banking vastly cheaper than ever before. By this cheapening it should make such banking hugely more profitable. Then further competition would search for the cheapest ways to guide all the world’s saving into the most profitable (or otherwise most desirable) forms of capital investment, thus enriching all mankind. Instead, during 2008 the total losses of banks in rich democracies – in North America, West Europe and Japan – soared into trillions of dollars. Fearful for their solvency, these banks virtually stopped lending. The issuance of corporate bonds, commercial paper, and many other financial products largely ceased. Hedge and insurance firms also crashed. Mankind is thus threatened in the 2010s with its longest great depression since the hungry 1930s. Why? The strange answer seems to be that other happy consequences of modern technology promised to make this cheapening even faster. Call centres in Bangalore vastly undercut the middle class salaries of Midland bank clerk who until the 1950s expensively answered clients’ questions in their branches in the City of London. Cheap mobile phones kept village ladies in once miserable Bangladesh as fully in touch with market prices as is the chief research officer of the First National Bank of Somewhere in California. His weekly salary is still 1000 times greater than the previous annual earnings of that village lady. The cost-effective way of running the old Midland or First National then seemed to be to cut its total salary cost by something like 99%. This did not please Western welfare governments, or the decent chief executives of the old Midland or First National bank. 
    Awaiting the sensation of a short sharp shockFrom a cheap and chippy chopper on a big black block – WS Gilbert in The Mikado - why it is uncomfortable to work in an industry which needs 99% redundancies.
     Western welfare governments have long preferred to run their banks in high cost cartels, and even invented reasons why this seems to be moral.  Their deposit-banks have usually kept in cash only 10% of the total amount deposited with them. If 11% of depositors suddenly feared that their banks might go bust, this could accelerate a run that would send them bust indeed. Governments therefore thought that depositors would be less fearful if they were assured that the banks were officially and tightly regulated. Actually, this mainly meant that the banks had to hire ever more expensive lawyers so as to escape any crippling consequences from this regulation. The attached quote shows that Samuel Pepys understood this fact of life in his Diaries of July 21, 1662. 
    I see it is impossible for the King to have things done so cheaply as do other men – Samuel Pepys on discovering an important commercial fact of life in his Diary, 21 July, 1662
     The decent bosses of the deposit banks felt that the best way of avoiding sacking nine tenths of their staffs was by competing with a very different sort of financing called merchant banking whose earnings and bonuses were far more generous than those given to their own staff. These merchant banks were of peculiarly differing pedigree. In London, it was assumed that they could best be run by families like Barings who had done the job for over 200 years. In the 1990s, Barings went totally bust because one of its hired traders bet much of its money on a hunch that a bad earthquake in Japan meant that the shares of Japanese banks and insurance companies would become more profitable. In Zurich, merchant banks felt it most moral to keep the accounts of their depositors totally secret, especially if these accounts were being used to defraud their own countries’ tax authorities. In 2008 those secretive banks were then defrauded. In Wall Street, Goldman Sachs and Lehman Bros bid up their annual bonuses to millions of dollars for each partner. In 2008 even Goldman Sachs made a loss and Lehman Bros went bust. A former chairman of the Federal Reserve argues that “fearful investors clearly require a far larger capital cushion to lend unsecured to any financial intermediary now”. He therefore thinks that taxpayers money should be ladled into them to make those investors less fearful. This seems far more likely to make depositors intermittently more terrified and cause any depression into the 2010s to linger on and on. 
    In the 1930s, the chief economic adviser to the government of Siam was called Prince Damrong. I try always to remember it – quote from former director of International Monetary Fund.
     One of the few big banks to make a profit in 2008 was the Grameen Bank (which means Village Bank) in that once basket-case country called Bangladesh. The sole staff in a branch serving several villages was once a woman student. It is now more usually someone who has learnt to use the computer in the right way.  How to create cost-cutting banks? Learning from Dr Yunus and those who have exponentially sustained community rising microcredit seems to be the best way forward worldwide women and USA Congressmen can get.   MicroBioAs a child, Norman Macrae bumped into Peter Drucker. It was dinner time at the British Embassy in Stalin’s Moscow where Norman’s father was a consulate. Both Norman and Peter’s experiences of the 1930s determined their love of writing up for big management stories of why and how entrepreneurial systems are born micro. The teenage Norman studied economics from an Indian correspondence course whilst waiting to fly RAF planes out of Bangladesh in world war 2. He then went up to Cambridge as part of the last student generation to be lectured by Keynes. He married the daughter of the British Raj judge who was tutored for 25 years in change by Mahatama Gandhi –Kenneth Kemp went from being the Mumbai judge who imprisoned Gandhi in the 1920s to helping write up the legalese of India’s Independence in the 1940s. Norman went on to Deputy Edit The Economist for 4 decades. He enjoyed reporting system change before it exponentially compounded - including in 1962 the exponential rise of Japan, and between 1976-1984 The Entrepreneurial Revolution trilogy. The latter provided a microeconomics map of how to transform - and sustainability invest - through the end of the Industrial era whilst cross-culturally uniting the generation destined to be worldwide. In 2009, Norman remains reasonably optimistic: Yes Human Beings Can End Poverty - if we choose to collaborate and celebrate this as our generation’s defining goal.  &  1/100 SB stories: 2010s Joy of Collaboration in Sustainability



    Have you ever seen the Queen of England burst out laughing? A huge smile of pride and approval yes, but to go beyond the superhuman pomp and dignity that is demanded by the English class system and global mass media - to transform for a few seconds from head of state to the temporary human bliss that is losing control to a few seconds of pure laughter?


    I ask because there is a rumor that once when Prince Charles met a director of Grameen Bank – his brief conversation turned into pure laughter. And in my daughter's worldwide diary of Yes We Cans, there is hope for sustainability of all peoples if he did.


    The story goes that the third time Charles met a director of Grameen Bank it was with the company’s number 2 man Dipal Barua. Charles was awarding him a grand prize   for services to solar energy. The conversation went something like this:

    Charles: Is it true that your company installs more solar units that the whole of the USA? Dipal: sir, Yes.

    Charles: but is it also true that you are a bank? Dipal: sir Yes

    Charles: but banking and solar energy , how,,, Dipal: ...we are Bankers for the Poor so it is only natural!



    When Dipal told this story he was modestly admitting surprise at how much his repartee had been enjoyed. My job creation journalist friends had spent an hour videoing his kindly explaonations and belief that the micro-solar Social Business system his project team had spent 12 years developing is ready for exponential liftoff

    Dipal's turn of the decade goal is to create 100000 green jobs for semi-literate village women in Bangladesh this side of London’s Sustainability Olympics 2012. My co-journalist Sofia Bustamante     of   , whom I have ever since dubbed first anchor woman of social business , had nudged Dipal at the end of the interview to sharing his favourite personal story. 

    Now, I am delighted if Charles’ spontaneous combustion was stimulated by Dipal who is equally as charming company as the other happy bankers Mrs Begum, Professor Latifee and Dr Yunus who co-founded Grameen from a $27 sustainability investment made in 1976. However, there may be a second way of construing this climactic royal joy.

    This was probably Charles third close encounter with the worldwide's most economical system design called Grameen Bank. The other two occasions he had identified with the redoubtable Muhammad Yunus: first when Charles wrote a foreword to Dr Yunus’ book “Banker for the Poor”, second when Prince Charles' Foundation had asked to meet Dr Yunus while he was in Europe receiving his Nobel Prize in 2006.

    The idea that the Nobel Prize had been awarded for the win-win-win of peace, and banking, and Prince Charles special interest renewable energy was just too much for a human being to celebrate - with anything other than pure laughter.

    Three cheers: for The Queen, The Prince of Wales and the world's happiest banker. May their next Social Business systems meeting free the global market joys of the Olympics, Sustainability and the BBC world service - London 2012.

    If you feel like celebrating the 2010s with 100 stories of good tidings, joy and Global Social Business -add a story at (subscription may be requuired to this official forum for mentoring 5000 youth ambassadors and preparing 70th birthday parties)

    Joking-but-Serious References if we need be academic as well as practical about Joy are sought. You may find some of these guide your next clicks into a joyful 2010s :

    What The Economist's greatest editor wrote on collaborating around the Social Business design of being The Queen

    a few quotes from the 7 year old club of delhi formed to celebrate Global Reconciliation Network 2004 annual meet at Indira Gandhi National Centre of Cultures

    Einstein- only Gandhi has demonstrated a higher order system that can sustain 21st Century beings globally and locally .Gandhi insisted that human knowledge must always be in charge of information technology.

  • It seems to me that there is a very fundamental kind of existential decision we make: do we believe our joy or do we believe our neutral states? In the latter case, the move is always one of prudence - not to make decisions in a time of enthusiasm when one is carried away, but rather to wait until everything cools down. I think one of the most important things there is - I would almost say one could make this a kind of maxim for life - is to always make decisions in a state of joy.One should believe one's joy more than one's prudence, or any cautious or fearful state of mind". - Alphonso Lingis."
  • Drayton: Gandhi realised that lawyers' rule-based human relationship systems will need to be increasingly replaced by empathy-rich systems, the more we cross-culturally interconnect
  • Ashoka and The Asoka  (Saraca Indica), an ancient tree from which the name of the great emperor Ashoka was derived, means, without grief. The tree and the name have provided some of the most fundamental motifs to Indian art. Representing fertility, it pervades the classical and medieval arts. It is as important in the biological sciences as it is in metaphysics and the artistic traditions. Asoka is wonderful herb also that claims to cure several diseases. According to Ayurvedic medicine, it is the one herb that stands out as especially useful for treating excessive uterine bleeding. The tree symbolises the interdisciplinary approach,
    dear estelle and storytellers of entrepreneurial revolutionary facts  are stranger than fiction

  • I believe you will find that mostofa can give you a list of the 50 most extraordinary projects going on inside grameen and if you want to see the project leader help organise that during your 30 day stay; brac would have a parralel 50 that future capitalists might want to map; I am not a film-maker so I am unclear whether you have a lot of fact finding personal interviews to do at this stage or if you at yunusmovie are videoing straight away

    I believe you can gain from early going to the film archives and the nobel history museum of grameen's evolution if you havent already done so; again mostofa can help with that; there is also a local photographer who literally has albums of when yunus was a longish haired revolutionary and some of the early village centres look a bit like female army training camps ; the story behind this is (I am told) that when dr yunus' 4 founders first went into the vilages in the eraly 1970s they found women so down trodden that they decided even the body language of respect for self needed developing and so early 16 decisions meetings do look a bit military - I have one example from early era on youtube

    again depending on what research you have already done, there are about 20 extraordinary books at about $5 each on the whole evolution of grameen and brac and asa but only about 10 bookshops that sell them - mostofa can take you to one-these books are not at all the same as the glossy international books - of which banker for the poor by yunus and the new freedom from want by ian smillie on brac are defining practical histories as far as I understand

     there are also about 50 published yunus speech-leaflets including "growing up with 2 giants" the national strategy that he and all microcredit leaders aim to develop in connecting bangladesh econmy with china and india; bangaldesh has the deepest sustainability rural solutions that both china and india need

    the evolution of grameen around what is now 125000+ village centres (hubbing as safe spaces for women to peer to peer learn and communallky organise) is of course why grameen was from day 1 the bank -and 7 million female microentreprenurs who became nobel prize winners - searching for every sustainability solution not just a loan counter,

     and since 1996 why the revolution of village women owing the strategy of the nation's largest mobile phone company was a more practical revolution for sustainability than the www itself (somewhere in this is the mit entrepreneur iqbal quadir without whom one wonders if yunus would have timed how to get the mobile franchise at about 1% of what it would have been somd at if global consultants and world banks ever made order of magnitude correct estimates of market futures);

    if you add up the sectors that make up bangaldesh's economy, I believe you will find that over half are owned by the poorest - a brilliant third of a century expoenmtials compound multiplier that brac and grameen folowed by other microcredits like asa have colaboratively networked; it interesst me that so few economists noted that it only took enron 40 quarters to compound itself from a tiny company to at its peak one of the biggest 50 economies national or corporate in the whole world - all utter fiction and until wall street's escapades the most economically destructive single system ever accounted for;

    and yet when bangladeshi microcredits do the real work of sustainability investment the same rotting nmacroeconomists  and (the now) 4 mathematically fictional global accounting chains abismally try to block everyone seeing  hi-trust's good news- even Ian Fleming wouldnt have dared to write up such a villainous networking script

    absolutely central if you havent already met her is mrs begum - the mother of microcredit as the only woman in the founding four and therefore the only one who could speak directly with initial vilage members- like others of Grameen founders she is at what would ordinarily be retiring age so its magic you make the film now- she is also one of the greatest unknown educational revolutionaries -my favourite of all entrepreneurial compasses

    towards the end of next week once mostofa has finished exams I will be in london and aim to go through all the video and flight itineraries already known about- so if you can tell me by may 27 or so if you know your flight path- otherwise as I book through a london travel agency which is used to my emails I can just introduce you to the travel agent and they can order it for you I am guessing that mostofa may well go early to dhaka eg about the same time 3rd week of june you do but obvously its much better if he finishes exams before we go to bext level of detailed discussion; I myself probably need to get to dhaka about 4 days before june 29 as I need to do one search of interns etc amd have a go at demolishing Grameen's main meeting room which is often set up like a mini united nations intsead of an open space; it is also the case that we might start offering some field visits before  june 29 as well as immediately after to the whole group who are coming

    It is worth knowing that everything closes on friday -the main weekend day and the working week is seen very much as sunday through thursday inclusive; obviously vivian has been to bangladesh before, but have you? -alexis or sofia might be able to answer some detailed questions if you have not

    chris macrae

    in hunt of the world's 100 miost urgent sustainability crises and benchmarks for  open source solutions

    5:07 pm est 

    2014.07.01 | 2011.07.01 | 2010.10.01 | 2010.02.01 | 2010.01.01 | 2009.10.01 | 2009.05.01 | 2009.04.01 | 2009.01.01

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    Roll of Honor - Collaboration Partnerships of Leading YUnus Social Business : Bangladesh & ...
    *Yunus Speech celebrating Adam Smith's 250th
    *Magnusson Prize awarded to Yunus in remembrance of Chancellor of Glasgow Caledonian University
    *Sir Tom Hunter (the Scottsh entrepreneur who helped with origin of funding of Clinton Global Summit) cheer-leads audience - the least Scotland and youth can do to honor you DR Yunus is to action entrepreneuruial projects
    *First SB entrepreneurial project: Glasgow Caledonian supplies training staff for Grameen Nursing College meta-partnerhip (10+ partners) in Dhaka
    *Second SB entrepreneurial project: Glasgow Caledonian takes responsibility for animating dialogues in changes to law needed before Grameen Scoland and extensions round European Grameen microcredit banking can help make 2010 all youths' and families' most productive decade 
    *Glasgow Caledonian Principal funds the second social business professor in the world and the first Yunus Centre outside Dhaka; Chair Cam Donaldson will focus on connections between microbanking and microhealth in poorest communities
    *Glasgow University principal signs partnership to develop a new economics course for use wherever places want to sustain jobs and apply correct Adam Smith community sustaining logics
    *Universities across Scotland invite Yunus capital partners to share their practices in animating youth 3000 festivals; all Yunus friends help Glasgow pilot annual summer weekend festival geared to yunus invitation to make 2010s most exciting decade.
    *Journal of Social Business loans announced with launch due in early 2011. Glasgow suggests creating 2 SB journal spaces - one for 3000 leaders to get updated on most exciting partnerships round Yunus system world of social business; one for any academics who want to present end poverty frameworks in as inter-disciplinary way as possible
    2 France:  

    8CP8.1 Grameen Danone - partner in first new product innovation marketed out of bangladeshi villages, go-ahead for second factory approved oct 2010 now that positive cash flow model has past testing stage; sponsor of (world's first) social business chair at HEC; at lunch hosted by Benedict Faivre-Tavignot where first 4 global social business partners emerged; portal for celebrating all french social business with brand budget to host 3000 youth events and 1500 investor events; creator of the danone social business fund investing in about 10 social businesses


     11CP8.2 DanoneCommunities SB Fund and PanFrance New media Network


     8CP8.3 Grameen Credit Agricole and Foundation - note the extraordinary board members including royal house of luxembourg 


     8CP8.4 GrameenVeolia -water


     U8.1 Grameen HEC SMBA includes Danone Social Business Chair

     Partnership with french minister of youth & employment 

     Maria Novak

     Yunus Movie Partnership Vivian Norris  De Montaigu

    Additional Citizen support networks micious;  the hive includes first 50 entrepreneurs bookclub in France

    Monaco SB Fund


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