A Corporate Solution to Global Poverty: How Multinationals Can Help the Poor and Invigorate Their Own Legitimacy (Paperback)
  • A Corporate Solution to Global Poverty: How Multinationals Can Help the Poor and Invigorate Their Own Legitimacy (Paperback)
zoom

A Corporate Solution to Global Poverty: How Multinationals Can Help the Poor and Invigorate Their Own Legitimacy (Paperback)

(author), (author)
£20.00
Paperback 208 Pages / Published: 17/06/2016
  • We can order this

Usually dispatched within 1 week

  • This item has been added to your basket
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.

Publisher: Princeton University Press
ISBN: 9780691171173
Number of pages: 208
Weight: 312 g
Dimensions: 235 x 152 x 12 mm

You may also be interested in...

The Bottom Billion
Added to basket
£9.99
Paperback
Bad Samaritans
Added to basket
£9.99
Paperback
Expulsions
Added to basket
£25.95
Hardback
The Age of Sustainable Development
Added to basket
The Great Escape
Added to basket
£14.99
Paperback
The Five Stages of Collapse
Added to basket
Economics: A Very Short Introduction
Added to basket
A Political Economy of the Middle East
Added to basket
Why Government Is the Problem
Added to basket
Owning the Future
Added to basket
£9.95
Paperback
Socio-Economic Development
Added to basket
Capital
Added to basket
£12.99
Paperback
Development as Freedom
Added to basket
Poor Economics
Added to basket
£9.99
Paperback

Please sign in to write a review

Your review has been submitted successfully.