Professor Yunus advises Pope on creating an inclusive economy

15 July 2014

GCU Chancellor Professor Muhammad Yunus with Pope Francis

GCU Chancellor Professor Muhammad Yunus with Pope Francis

GCU Chancellor Professor Muhammad Yunus has met Pope Francis at a seminar of global thinkers convened to explore how the Catholic Church can help create a more inclusive global economy.

Professor Yunus was invited by Pope Francis to participate in the meeting, “The Global Common Good: Towards a More Inclusive Economy”, during which the Chancellor shared his views on poverty, unemployment and state charity.

Professor Yunus told participants that society should not be a “jungle” based on survival of the fittest, but founded on the principle that “everybody must have an equal chance”.

Among the 70 participants invited to take part in the conference, organised by The Pontifical Council for Justice and Peace, were Jose Angel Gurria, Secretary General, Organisation for Economic Co-operation and Development; Mark Carney, Governor of the Bank of England; Michel Camdessus, former Managing Director, International Monetary Fund;  Ngozi Okonjo-Iweala, Finance Minister of Nigeria; Donald Kaberuka, President of the African Development Bank; Vandana Shiva, environmental activist; Huguette Labelle, Chairman, Transparency International, and Jeffrey Sachs, Director of the Earth Institute of Columbia University.

While in Rome, Professor Yunus also delivered a lecture on social business to the Italian parliament and met Senator Ignazio Marino, the city’s mayor. Senator Marino invited Professor Yunus to help launch a Grameen microcredit programme in Rome.