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

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Princeton University Press, 2006 - Business & Economics - 198 pages
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"Extreme poverty threatens the very underpinnings of our ever-shrinking world. George Lodge and Craig Wilson argue that corporations must lead the fight against global poverty. Their idea of a World Development Corporation will provoke heated discussion-and, I hope, constructive action-in corporate boardrooms and the broader international development community."--Peter D. Bell, President and CEO, CARE

"A Corporate Solution to Global Poverty is a fresh and original approach to the economics and ethics of globalization. Invoking the crisis in corporate legitimacy, the authors of this stimulating book argue persuasively that the reduction of world poverty would restore legitimacy to multinational corporate life. Along the way, readers will absorb much interesting nformation about the global state of play and the presentation of a prospective solution."--Arthur Schlesinger, Jr., Pulitzer Prize-winning historian

"In an attempt to reduce global poverty, some focus on rock concerts, others on macroeconomic theory, others build ever larger bureaucracies. Lodge and Wilson do not hesitate to dissect, deconstruct, and devour ideologies, policies, and institutions that have promised a lot and delivered very little. They provide an alternative answer, one that is clear, hard-headed, obvious, and mostly ignored; business is and will remain the driving part of the equation. If you are interested in results, this is an entertaining and smart book. If you are a theoretician you are likely to become increasingly unhappy as you confront a great deal of common sense delivered with passion and humor."--Juan Enriguez, President of Synthetic Genomics and author of As The Future Catches You

"George Lodge and Craig Wilson offer a fascinating review of the fast changing role of big business and its relations with the international community and civil society. The authors comprehensively outline the increasingly complex relationships that multinationals must manage in the face of increased demands to do more than just make profit."--Frannie Leautier, Vice President, World Bank Institute

"A very well written book on an important subject. It will reach a broad audience."--Stephen Kobrin, University of Pennsylvania

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Contents

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About the author (2006)

George Lodge is Jaime and Josefina Chua Tiampo Professor of Business Administration Emeritus at Harvard Business School. In 1958, President Dwight D. Eisenhower named him Assistant Secretary of Labor for International Affairs, a position to which President John F. Kennedy reappointed him several years later. His books include "Managing Globalization in the Age of Interdependence, The New American Ideology," and "The American Disease". After spending nine years in the Australian foreign service, Craig Wilson worked for five years as a consultant economist with the World Bank and other NGOs. In 2005 he joined the International Finance Corporation and is currently based in Bangladesh, where he is managing a program aimed at improving the investment environment in South Asia.

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