Top health economist joins GCU

20 January 2010

Professor Cam Donaldson

Professor Cam Donaldson

GLASGOW Caledonian University has appointed one of the world’s foremost health economists to lead its new Yunus Centre for Social Business and Health.

Professor Cam Donaldson, who currently heads up the Institute of Health and Society at Newcastle University, will bring together a team of researchers to further develop GCU’s reputation for allied health research, which is already ranked in the top 10 in the UK.

As Yunus Chair, he will lead a unique research programme evaluating the impact of social business creation on the lives and health of disadvantaged communities in Glasgow and overseas.

The new centre is named after Grameen Bank founder Professor Muhammad Yunus, in recognition of the Nobel Peace Prize winner’s close working relationship with the University.

Professor Yunus is recognised as one of the world’s leading social entrepreneurs for his efforts to create a world free of poverty.

He has pioneered the concept of microcredit, which supports entrepreneurs who are too poor to qualify for traditional bank loans. 

Professor Donaldson, who was born in Springburn in Glasgow, said: “The vision for this work was laid down 250 years ago, when Adam Smith, in his seminal work The Wealth of Nations, described the positive impacts of commerce on prosperity and well-being.

“With the advent of the credit crunch it is particularly appropriate that we are looking at new ways of working in partnership to achieve redistribution of wealth in order to tackle stubborn and longstanding health problems in disadvantaged communities.”

Professor Pamela Gillies, Principal and Vice-Chancellor of Glasgow Caledonian University, said: “The appointment of Cam Donaldson to lead our new Yunus Centre for Social Business and Health is very warmly welcomed and fits closely with our strengths in health research and social justice and our University’s unique social mission to reduce inequalities.”