Being rooted deeply
in the Civil Society sector, but always closely related to other two
"pillars" of SD (governmental and private business), newly established
Youth Banks should represent the sustainable socio-economic redistribution
of banking and financial assets with main mission to empower the "third
pillar of SD" (Civil Society) and
Global Youth in all its segments,
and then to steadily develop and emerge into sustainable network (WYBN)
of regional and national Youth Banks and sustained and renewable Civil
Banking System in general. Socio-economic benefits of such development
direction are more than high, if compared with traditional investment
short-term profits. Civil Banking, implemented through the World Youth
Bank Network, should reconstitute national and international monopolies,
make Global Economy in general more just, decent, human, efficient,
propulsive, beneficiary and productive for all, and therefore become
the real and sustained empowerement tool and the key socio-economic
pillar of the Decent and Responsible Sustainable Development for all.
It
is especially important to notice that Civil Banking and World Youth
Bank represent the free and democratic will of Global Youth, recognized
and recommended by the World Assembly of Youth "Special Resolution
on the World Youth Bank" (WAY holds General "A" consultative status
with the United Nations Economic and Social Council - UN ECOSOC).
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