Journal Articles:
Business
An article on how global poverty has declined, but Corporate Social Responsibility needs to evolve to support the needs of the “middle-class poor.”
An article that examines private sector contribution and importance in the area of CSR as compared to volunteers and nonprofit organizations. It focuses on CSR in general, the role of the private sector in fighting poverty, and how CSR benefits the private sector.
This is an article in the foundation website, with a short 3.5-minute video on the A Strong Fiscal Foundation for Economic Growth. The video discusses various aspects of a good economy. Included as examples are a strong fiscal environment, enthusiasm from investors, low interest rates, high access to capital, and confidence in the economic environment. The video continues to explain that due to the US’s debt, the country does not have a strong financial foundation.
An article that outlines the global supply chain and how it is affecting poverty levels. Discusses that international trade can actually alleviate poverty if every country benefits accordingly and appropriately instead of the big corporations taking all the profit and leaving farmers with barely enough to live on, if they even receive that.
The paper covers multiple related topics: Corporate Social Responsibility, CSR in Latin America: History and Growth, Poverty Alleviation and CSR, the Moral Case of CSR, the Business Case for CSR, a ‘New Deal’ Against Poverty, Reaching a Public Private Partnership to Move Forward to a Better Society, and From Philanthropy to Social Responsibility and Global Citizenship
Begins with striking comment that globalization was promised to pull people out of poverty and giving them decent work. Unfortunately, 75% of workers are on temporary or informal contracts; Millions are unemployed.
Makes reference to the sustainable development goals for 2030: ending poverty. Discusses a conference held by the International Labour Organization. The Committee on Decent Work in Global Supply Chains met for nine days to discuss decent working conditions and life improvements. The committee included representatives of governments, workers, and employers.
Article discussing how businesses can help poverty. The article says poverty can only be addressed if four key points are hit: large-scale solutions to meet poverty globally, solutions must endure and be long-term oriented, the solutions must truly make a difference, and everything must happen efficiently.
Using a statistic saying that nearly a quarter of Europe’s population are poor, the author shows that unemployment, social exclusion, and poverty are growing. Additionally, the author explains that countries with better social programs are less susceptible to these problems.
The average Fortune 500 company only donates around 1% of its profits to charity. The Fortune 500 earn approximately $11 trillion per year. That is a staggering amount with very little donations and socially responsible giving. Many businesses can use their advertising to bring awareness to a cause, and to bring consumers that are looking for an ethical producer.
The article explains that since World War II, globalization and capitalism has helped many people see tremendous growth. However, recently the working-class rural areas and urban communities have seen an economic decline.
Explains the cycle of poverty and how it affects a community’s business and well-being of all. A business located in a poverty-struck community will have workers that lack literacy skills. This means they may make mistakes causing them to lose their jobs or turn to crime as a means to survive.
Different view on poverty and those living below the poverty line. Believes that the poor should not be treated as victims in need of aid, rather as a way to profit by allowing them their dignity. The article discusses the shacks and rundown buildings in Dharavi, India, yet they are sprawling with cars, TV aerials, cell phones and more.
Article is aged, yet it makes great connections between income growth and inequality that can still be applied today. This article discusses the differences in nations with differences in income growth and income inequality. Poverty rates decreased in China from 1970-1998, but inequality increased. In Indonesia, both poverty rates and inequality rates decreased. While income growth and inequality are related, the nature of their correlation varies from nation to nation depending on leadership and policies.
The author here describes a study he did where he found that employers are less likely to hire someone with a longer commute, favoring those who live closer to the business. This elaborates on the idea of geography relating to poverty, as often poor neighborhoods are further away from city centers, making it more likely that the already poor people living in those communities in the periphery will have a harder time finding lucrative work in the city center.
The concept of economics and poverty is not strictly about money. It also involves decisions people make and how they behave. Many economists will tell you that being in poverty is a condition that is out of the control of most individuals. Those that are born into poverty are given less opportunities across the board, which puts them at risk to continue low earning jobs and lack of education. Modern economists blame the governments for poverty. They say that poor decision-making during times of financial decline is detrimental for citizens and their income.
“The concept of microcredit was built on the idea that skilled people in underdeveloped countries, who live outside of traditional banking and monetary systems could gain entry into an economy through the assistance of a small loan” Many times craftsmen are held in perpetual debt through being loaned materials at a steep interest. These people are unable to ever pay off their debts. Microcredit enables them to buy their materials and this money (loan) is offered at a reasonable, payable interest.
Article focuses on developed countries and asks why they see such high rates of poverty in these rich countries. The author considers the high rates of child deprivation. The intensity of child deprivation in developed nations has risen since the financial crisis in the 2000s. Income has dropped in already low-income households. Unemployment was a major factor in Greece. Despite economic growth, Britain has high numbers of people living in poverty. Approximately a fifth of all British live below poverty line. Income inequality has risen in many of these countries contributing to the global poverty crisis.
The discusses the author’s choice of the top 10 books on economics and poverty. She give a short explanation of each book. One book suggests that aid packages do little to nothing to help in poverty, as many are riddled with Western ideals and do not take into account the ideals of who they are sending the aid to. Another book suggests that by allowing those in poverty to make their own decisions and income and giving them opportunities, it has a lasting effect rather than a temporary fix.
The author here describes a study he did where he found that employers are less likely to hire someone with a longer commute, favoring those who live closer to the business. This elaborates on the idea of geography relating to poverty, as often poor neighborhoods are further away from city centers, making it more likely that the already poor people living in those communities will have a harder time finding lucrative work in the city center.
This article focuses on corporate debt and its effect on the world economy. Companies alone have accumulated $4 trillion in debt. Many are concerned that the US-China economic standoff has to potential to set off a global economic crisis.
Based on research by a team from the National Institute of Economic and Social Research, U.K. on credit markets and their function to enable poor people to smooth out the effects of temporary fluctuations in their incomes. It concludes that it is desirable that people should use them for this purpose.
Lists the top ten countries with vulnerable supply chains; Natural disasters rank high as one reason that a country’s supply chain will fail. Disaster prone areas of the world are notoriously having problems with poverty as the disasters cause major setbacks.
The article explains that poverty is not one defined term. Poverty is economic, social, political, cultural and more. All of these factors must be addressed to make a true impact. the article points to Nestle’s Milk District Model as a successful way to integrate many aspects of poverty and make a lasting difference. While the company has allowed for more jobs due to growth, it has also given the communities better nutrition and quality of life.
This article discusses the negative effects of certain government policies on the world stage. De-regulation and privatization, as well as the growth of free-trade agreements that favor those able to export large quantities of products, to the disadvantage of smaller businesses are pointed to as some of the causes of poorer labor conditions.
The article makes the argument that businesses contribute to poverty. While growth always provides more jobs, the bottom workers are always cut out of large payments. Typically, it becomes less what an industry can afford to pay a workman, and more of how little can workman be paid and survive.
Dr. Muhammad Yunus was dismayed to see that Bangladeshi women were trapped in debt. By the end of 2008, nearly $15 billion of foreign investment had been channeled into micro-finance institution. With the rise of cell phone banking, Microcredit advocates are hoping to implement this technology
Some question the effectiveness of microloans. Sometimes recipients will spend the money on immediate costs such as home repairs instead of their businesses. Also, due to the piecemeal nature of these types of businesses, recipients are not always able to start repaying their loans immediately