Globalization

Paper Summary:

This paper discusses the issues relating to corporate responsibility in a global marketplace. It discusses companies' economic and marketing roles in terms of satisfying stakeholders' investments. It discusses whether they also have an ethical obligation to the people whom they employ to produce products and to the communities in which they operate. It then discusses the government's role in regulating commerce to ensure that the rights of people and the environment are sustained. Finally, the paper analyzes what economic strategies can be used to sustain developing countries.

Table of Contents:
Introduction
Thesis
Literature Review
Literature Review
Literature Review
Governments Play In Regulating Commerce
Economic Strategies To Sustain Developing Countries

From the Paper:

"The United States should be showing leadership by establishing peaceful and productive economic policies regarding the globalization of the world's economy and the assurance of human rights; the U.S. should be providing sound economic R&D assistance to developing nations in Africa and South America, and elsewhere. Rather than the current Bush Administration policy of spending billions weekly on a futile war in Iraq - which is alienating Americans from millions of Muslims around the world - billions should be spend in supporting Third World countries' transition out of obscurity and poverty and into the global marketplace, where they can prosper and provide education for their children. And rather than violating human rights by means of torture in Iraqi prisons, and by spiriting suspected Islamic terrorists off to hidden torture camps, the Bush Administration should be showing the way towards respect for all humans and solid economic development for the rest of the world to follow."

Sample of Sources Used:

• Amnesty International. "Human Rights Principles For Companies" / "UN Global Compact: the Nine Principles" / "Clouds of Injustice: Bhopal Disaster." Retrieved 6 March 2007 from http://web.amnesty.org.
• Engardio, Pete. "Global Compact, Little Impact." Business Week (issue) 3891 (2004): 86-87.
• Litvin, Daniel. "Memo to the President: A Strategy for Business and Human Rights." Foreign Policy (issue) 139 (2003): 68-72.
• Stiglitz, Joseph E. "Development Policies in a World of Globalization." Seminar at the Social Development Bank, Rio Janeiro ("New International Trends for Economic Development") September 12-13, 2002. Retrieved 6 March 2007 from http://www3.gsb.columbia.edu/faculty/jstiglitz/index.cfm.
• Therien, Jean-Philippe, & Pouliot, Vincent. "The Global Compact: Shifting the Politics of International Development?" Global Governance 12(2006): 55-75.

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