“Economic Sciences: theory and practice” is scientific, refereed, biannual journal. The Journal of “Economic Sciences: theory and practice” has been founded by Azerbaijan State University of Economics in 1994.
The Journal has been received to registration in the centre of international ISSN (International Standard Series Number, ISSN-2220-8739). Also, it has been included by the Supreme attestation Commission under the President of Azerbaijan Republic to the list of scientific publications on economic sciences.
Muhammad Yunus, Nobel Peace prize winner
This article summarizes a lecture of Nobel laureate Prof Dr Muhammad Yunus delivered at the 25th Anniversary event of the Daily Star on February 5, 2016 in Dhaka. In this article, Dr. Yunus mentions that wealth concentration is a negative tendency as 99% of global wealth belongs to 1% of people and therefore, threatens the global peace. The professor highlights the importance of understanding seriousness of situation and calls to implement measures against it.
Keywords: wealth concentration, social business, charity, personal giving, corporates.
JEL classification: D31, E01, E21, P46