Friday, March 21, 2008

How should global business reduce global poverty and ...

Example of social impact of AIDS foundation ACET. But business generates economic growth which can also have huge impact on poverty in poorest nations. Value of assets such as property grows. International trade benefit to emerging economies. Skills transfer and skills training. Positive impact of outsourcing in global well-being. Every job lost in America or Europe creates many new jobs directly and indirectly in Asia or Africa. Some of the wealth comes back to developed nations in demand for products and services. Globalisation can bring problems but also many benefits. But non-profit organisations and foundations also have vital role. Conference keynote speaker and Futurist Dr Patrick Dixon.

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