Alleviating poverty through profitable partnerships : globalization, markets, and economic well-being / Patricia H. Werhane, Regina W. Wolfe, and Lisa H. Newton.

Format:

Book

Author/Creator:

Werhane, Patricia Hogue, author.

Wolfe, Regina Wentzel, author.

Newton, Lisa H., 1939- author.

Language:

English

Subjects (All):

Poverty--Developing countries.

Poverty.

Physical Description:

1 online resource (191 pages)

Edition:

Second edition.

Place of Publication:

London ; New York, New York : Routledge, [2020]

Summary:

"Poverty is an unnecessary form of human degradation and badly conceived economics. Our thesis is that poverty can be reduced, if not eradicated, both locally and globally. But this will occur only if we change our shared narratives about global free enterprise, remind ourselves that poverty is a system, and conceive of poverty alleviation as a "bottom up" project. There is no "one size fits all" for poverty reduction. Rather, poverty is a system and must be addressed locally. It is our aim, as it is the aim of the United Nations, the World Bank, and many other organizations, to erase it from our vocabulary and from this planet. With a series of case studies that accompany each chapter, this book should assist readers in thinking about poverty alleviation from a number of perspectives, from bottom-up entrepreneurial projects, local-corporate ventures, with public-private partnerships, from focused philanthropy, with education and health care initiatives, and agriculture reforms in rural communities, all with creating a win-win for local and partnership individuals, organizations, and communities.. The book should be useful in various undergraduate and graduate courses on ethics, applied ethics. developing economic systems, and on poverty"-- Provided by publisher.

Contents:

Cover

Endorsements

Half Title

Title Page

Copyright Page

Table of Contents

List of illustrations

Acknowledgements

Foreword

Introduction

1. Poverty is a system

Pyramid to diamond

Systems thinking

On-the-ground systemic challenges

Systems thinking and the interdependence thesis

Toward a solution

Conclusion

Note

2. Traditional strategies for the alleviation of poverty

The United Nations

Global financial organizations

Bilateral foreign aid

Personal and organizational philanthropy

The role of business in global poverty alleviation

3. Mental models and contributing biases on global poverty

Mental models

The biases of conceptualism and common sense

The research paradox and bird's eye perspectives

"One-size-fits-all" and paternalism

4. Narratives of multinational for-profit enterprises and corporate social responsibility

The red herring of globalization

The biases of mental models

The separation thesis

What is left of corporate social responsibility?

Corporate moral responsibilities: Another mental model

Notes

5. Global poverty and moral imagination

Moral imagination

Deep dialogue with stakeholders

MNEs and moral imagination

Core competence and MNE contribution

6. Institutional barriers, moral risk, and transformative business ventures

Five institutional barriers

MNE market entry: Balancing moral risks

Managing the entry risks due to corruption

Managing the entry risks due to public policy instability

Managing entry risks due to weak infrastructures

Designing profitable partnerships that transform fragile communities

Empowering the base of the pyramid as consumers

Empowering people as producers

Notes.

7. Public-private partnerships and other hybrid models for poverty alleviation

Impeding mental models

Deep dialogue as a process that breaks down impeding mental models

Public-private partnerships that create value

The messy process of forming CSPs

The transformative effect of public-private partnerships

Other hybrid models

Cross-sector partnerships, intra-sector ideology, and moral imagination

8. Agriculture in the developing world: Ghana's experiments

Ghana's agroecology initiative

A worldwide confrontation

Better living through agroecology

Conflict, compromise, and cooperation

A local initiative: Agroecology and resistance

Agribusiness resistance movements

Global domination vs. food sovereignty

Ghana: Outcome and possibilities

9. Focused philanthropy

Social interdependence, benevolence, and justice

Afterword

References

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-000-76601-2

1-000-76577-6

0-429-32904-0

9780429329043

OCLC:

1124844360