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Alleviating Poverty Through Profitable Partnerships: Globalization, Markets And Economic Well-Being, Patricia Werhane, Scott Kelley, Laura Hartman, Dennis Moberg Jun 2009

Alleviating Poverty Through Profitable Partnerships: Globalization, Markets And Economic Well-Being, Patricia Werhane, Scott Kelley, Laura Hartman, Dennis Moberg

Scott Kelley

In this book, the authors approach poverty alleviation from an atypical perspective. The thesis is that poverty can be reduced, if not eradicated, both locally and globally, but this will occur only if we change our shared narratives about global free enterprise, and only if we recalibrate our mindsets regarding how poverty issues are most effectively addressed. They argue that poverty amelioration cannot be effected by the traditional means employed during the last century—foreign aid from developed nations and/or from non-profit international organizations. Rather, the authors present evidence which demonstrates that a mindset embracing initiatives developed by global corporations in …


"Islamic Banking And Finance: Moral Beliefs And Business Practices At Work", Karen Hunt Ahmed Dec 2008

"Islamic Banking And Finance: Moral Beliefs And Business Practices At Work", Karen Hunt Ahmed

Karen Hunt Ahmed

The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …