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Finance and the Common Good

posted Dec 13, 2011, 8:23 AM by Slim Turki   [ updated Dec 13, 2011, 8:24 AM by Sakura Initiative ]

Abstract

Our paper aims at showing that finance and its underlying resource, i.e. capital, have to be devised and used to enhance the common good and serve the human person first. The common good relies on three key concepts which are respect for the human person, social well-being and development of the group, and peace. Also, the finance relies on well-organized and properly regulated financial and capital markets which serve the so-called “real” economy and are set up to help raise the capital necessary, for instance, to the corporate world’s operations, projects and investments.

Keywords

impact finance, common good, respect, social well-being, development of the group, stock exchanges, “real” economy.

Christian Descoups
Chairman, “Comité de soutien de la microfinance”, Luxembourg.
E-mail: christian.descoups@gmail.com
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Sakura Initiative,
Dec 13, 2011, 8:23 AM
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