MARC Record from Library of Congress

LEADER: 03298cam a22003494a 4500
001 2005055238
003 DLC
005 20080529151932.0
008 051107s2006 njua b 001 0 eng
010 $a 2005055238
015 $aGBA621141$2bnb
016 7 $a013397385$2Uk
020 $a9780691122298 (cloth : alk. paper)
020 $a0691122296 (cloth : alk. paper)
035 $a(OCoLC)ocm62282375
035 $a(OCoLC)62282375
040 $aDLC$cDLC$dDLC
043 $ad------
050 00 $aHD60.5.D44$bL63 2006
082 00 $a362.5/5765$222
084 $a83.46$2bcl
100 1 $aLodge, George C.
245 12 $aA corporate solution to global poverty :$bhow multinationals can help the poor and invigorate their own legitimacy /$cGeorge Lodge and Craig Wilson.
260 $aPrinceton, N.J. :$bPrinceton University Press,$cc2006.
300 $axii, 198 p. :$bill. ;$c25 cm.
504 $aIncludes bibliographical references (p. [177]-183) and index.
505 0 $aThe legitimacy gap -- Introduction -- The legitimacy of business -- Reactions, responses, and responsibilities -- NGOs and the attack: critics, watchdogs, and collaborators -- The corporate response -- International development architecture -- The emerging international consensus -- Global poverty reduction and the role of big business -- The options for business contributions -- A world development corporation.
520 $aWorld 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 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 organization (NGOs). In A Corporate Solution to Global Poverty, George Lodge and Craig Wilson assert the 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, the contend, MNCs can do so profitably and this 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. This a UN-sponsored WDC, owned and managed by a dozen or MNCs with NGO support, will make a marked difference. At a time when big business has been demonized for destroying the environment, enjoyed one-sided benefits from globalization, and deceiving investors, the book argues the 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.
650 0 $aSocial responsibility of business$zDeveloping countries.
650 0 $aInternational business enterprises$xMoral and ethical aspects$zDeveloping countries.
650 0 $aPoverty$zDeveloping countries.
700 1 $aWilson, Craig,$d1968-