A Corporate Solution to Global Poverty

A Corporate Solution to Global Poverty PDF

Author: George Lodge

Publisher: Princeton University Press

Published: 2016-06-28

Total Pages: 213

ISBN-13: 0691171173

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World leaders have given the reduction of global poverty top priority. And yet it persists. Indeed, in many countries whose governments lack either the desire or the ability to act, poverty has worsened. This book, a joint venture of a Harvard professor and an economist with the International Finance Corporation, argues that the solution lies in the creation of a new institution, the World Development Corporation (WDC), a partnership of multinational corporations (MNCs), international development agencies, and nongovernmental organizations (NGOs). In A Corporate Solution to Global Poverty, George Lodge and Craig Wilson assert that MNCs have the critical combination of capabilities required to build investment, grow economies, and create jobs in poor countries, and thus to reduce poverty. Furthermore, they can do so profitably and thus sustainably. But they lack legitimacy and risk can be high, and so a collective approach is better than one in which an individual company proceeds alone. Thus a UN-sponsored WDC, owned and managed by a dozen or so MNCs with NGO support, will make a marked difference. At a time when big business has been demonized for destroying the environment, enjoying one-sided benefits from globalization, and deceiving investors, the book argues, MNCs have much to gain from becoming more effective in reducing global poverty. This is not a call for philanthropy. Lodge and Wilson believe that corporate support for the World Development Corporation will benefit not only the world's poor but also company shareholders as a result of improved MNC legitimacy and stronger markets and profitability.

Make Poverty Business

Make Poverty Business PDF

Author: Craig Wilson

Publisher: Routledge

Published: 2017-09-08

Total Pages: 248

ISBN-13: 1351280465

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Poor people in developing countries could make excellent suppliers, employees and customers but are often ignored by major businesses. This omission leads to increased risk, higher costs and lower sales. Meanwhile, businesses are asked by governments and poverty activists to do more for economic development, but their exhortations are rarely based on a proper business case. Make Poverty Business bridges the gap by constructing a rigorous profit-making argument for multinational corporations to do more business with the poor. It takes economic development out of the corporate social responsibility ghetto and places it firmly in the core business interests of the corporation, and argues that to see the poor only as potential consumers at the bottom of the pyramid (BOP) misses half of the story. Make Poverty Business examines the successes, failures and missed opportunities of a wide range of global companies including Wal-Mart, BP, Unilever, Shell and HSBC when dealing with the poor and with development advocates in the media, NGOs, governments and international organisations. It includes a discussion on how to use a poverty perspective to provoke profitable innovation – not only to create new products and services but also to find new sources of competitive advantage in the supply chain and to develop more sustainable, lower-cost business models in developing countries. Make Poverty Business will be essential reading for international business managers seeking to increase profits and decrease risks in developing countries, development advocates who seek to harness the profit motive to achieve reductions in poverty, and academics looking for practical strategies on how business can implement BOP initiatives in developing countries.

Multinational Managers and Poverty in the Third World

Multinational Managers and Poverty in the Third World PDF

Author: Lee A. Tavis

Publisher:

Published: 1982

Total Pages: 296

ISBN-13:

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Seminar conference report on the role and responsibilitys of multinational enterprises in poverty reduction in developing countries - discusses their role in employment creation, welfare, community development, technology transfer and in structuring a new international economic order; includes a case study of an agribusiness firm in the Philippines and a summary report of a 1979 UNCSTD Conference. Maps and references. List of participants. Conference held in Notre Dame 1978 and 1979.

Multinational Enterprises and Sustainable Development

Multinational Enterprises and Sustainable Development PDF

Author: Pervez N. Ghauri

Publisher: Emerald Group Publishing

Published: 2017-09-25

Total Pages: 263

ISBN-13: 1787431649

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This volume reports the results of the large international 'MNEmerge' research project, financed by the European Commission, and provides an understanding of the impact of multinational enterprises on United Nations Millennium Development Goals and successive Sustainable Development Goals in developing countries.

Globalization and Poverty

Globalization and Poverty PDF

Author: Ann Harrison

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 675

ISBN-13: 0226318001

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Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Business Solutions for the Global Poor

Business Solutions for the Global Poor PDF

Author: V. Kashturi Rangan

Publisher: John Wiley & Sons

Published: 2007-02-03

Total Pages: 455

ISBN-13: 0787988545

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Based on research presented at The Harvard Business School’s first-ever conference on business approaches to poverty alleviation, Business Solutions for the Global Poor brings together perspectives from leading academics and corporate, non-profit and public sector managers. The contributors draw on practical and dynamic how-to insights from leading BOP ventures from more than twenty countries world-wide. This important volume reflects poverty’s multi-faceted nature and a broad range of actors—multinational and local businesses, entrepreneurs, civil society organizations and governments—that play a role in its alleviation.

Corporate Social Responsibility and Regulatory Governance

Corporate Social Responsibility and Regulatory Governance PDF

Author: P. Utting

Publisher: Springer

Published: 2009-11-12

Total Pages: 325

ISBN-13: 0230246966

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This is the first of two volumes that examine the changing nature of state-business relations. This book assesses the potential and limits of CSR in developing countries, by focusing on aspects that are often ignored in the CSR literature: historical experience, theoretical perspectives, and institutional and political dimensions of change.

Examining the Private Sector's Role in Wealth Creation and Poverty Reduction

Examining the Private Sector's Role in Wealth Creation and Poverty Reduction PDF

Author: Hipsher, Scott A.

Publisher: IGI Global

Published: 2017-12-08

Total Pages: 347

ISBN-13: 1522531181

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The private sector is a vital factor in creating the wealth and economic growth needed to reduce poverty in a significant and sustainable manner. However, there are many obstacles preventing private sector firms from engaging in business where poverty is widespread. Examining the Private Sector’s Role in Wealth Creation and Poverty Reduction explores poverty alleviation in developing economies through the creation of livelihood options developed by private sector activities. Examining relevant topics such as corporate social responsibility (CSR) frameworks, multinational enterprises, and responsible tourism, this publication is an ideal resource for private sector firms, researchers, academicians, professionals, and students interested in wealth creation in areas of extreme poverty.

Foreign Direct Investment and Poverty Reduction

Foreign Direct Investment and Poverty Reduction PDF

Author: Michael U. Klein

Publisher: World Bank Publications

Published: 2001

Total Pages: 50

ISBN-13:

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In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?