Harnessing the Energies of Private Companies

Gary S. Fields

in Working Hard, Working Poor

Published in print December 2011 | ISBN: 9780199794645
Published online January 2012 | e-ISBN: 9780199928606 | DOI:
Harnessing the Energies of Private Companies

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The private sector has the potential to be a potent force in the fight against global poverty. That, however, is not its raison d’être. As a descriptive matter, companies seek higher profits. This chapter explores what private companies now do and how policies might be designed so that private companies will do more to improve earning opportunities for the poor as they pursue higher profits. Several issues are explored including firms’ location decisions, business environment and investment climate, consumer movements, and corporate social responsibility.

Keywords: profit maximization; location decisions; business environment; investment climate; consumer movements; corporate social responsibility

Chapter.  6526 words. 

Subjects: Macroeconomics and Monetary Economics

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