Globalization and Poverty: Oxymoron or New Possibilities?

The presentation and paper for this conference go to the heart of the relationship between globalization and poverty worldwide. Data from the United Nations reveal the dramatic increase in exports and imports from 1990 to 2004, along with the uneven economic performance/quality of life across develo...

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Bibliographic Details
Published in:Journal of business ethics 2009-02, Vol.85 (Suppl 1), p.39-47
Main Authors: Hill, Ronald Paul, Rapp, Justine M.
Format: Article
Language:English
Subjects:
Business and Management
Business Ethics
Countries
Developing countries
Economic development
Economic hardship
Education
Ethics
Exports
Globalization
Gross domestic product
Human rights
Imports
International cooperation
International economics
International trade
LDCs
Management
Marketing
Philosophy
Poverty
Productivity
Public policy
Quality of life
Quality of Life Research
Social justice
Social responsibility
Software
Trade restrictions
Transnationalism
United Nations
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Summary:The presentation and paper for this conference go to the heart of the relationship between globalization and poverty worldwide. Data from the United Nations reveal the dramatic increase in exports and imports from 1990 to 2004, along with the uneven economic performance/quality of life across development groupings and geographical regions. Thus, findings suggest the possibility that trade growth has failed expectations that developing countries would rise to greater levels of productivity and subsequendy reduce abject poverty. Nonetheless, the situation is far from hopeless and real progress can occur with a continued movement by transnational corporations toward socially responsible human rights, proactive governmental strategies that support productive dynamism, and removal of public policies that unfairly restrict less developed nations.
ISSN:0167-4544
1573-0697
DOI:10.1007/s10551-008-9945-3