By Ralph D Christy
This crucial e-book explores replacement ideas in agricultural and rural improvement to deal with the affects of globalization methods on smallholder agriculturalists and marginalized rural humans. Its aim is twofold: (1) to spot and examine the major techniques in which globalization is affecting the smallholder agricultural and rural sectors; and (2) to spot and suggest either micro- and macro-level regulations and different concepts to house the issues that arise.This quantity offers writings of major students and practitioners operating within the deepest and public sectors. Their paintings makes a speciality of significant crosscutting matters within the constructing international and on country-specific case reports.
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Extra info for Achieving Sustainable Communities in a Global Economy: Alternative Private Strategies and Public Policies
According to the OECD, all of the codes are voluntary expressions of commitments that surpass legal requirements. They address governmental and public concern over the economic, social, and environmental impact of global enterprises. The examination focused on whether, and how, nine key issue areas were addressed. These areas are: environmental stewardship; labor standards; science and technology; competition; information disclosure; taxation; bribery and corruption; and consumer protection. The results indicate most major firms issue codes of business conduct that emphasize a commitment to the three major components of sustainable development (economic, social, and environmental stewardship).
For example, the changing pattern of fully independent farm owners to a vertically integrated system (via contracts) alters property rights in ways that both positively and negatively affect the economic performance of the agricultural sector. Beckford argues that major distortions in resource use arise from the inherent conflict between the interests of the principal and those of the B221-Ch02 32 07/9/04, 3:05 PM Linking Globalization, Economic Growth and Poverty 33 agent. This conflict arises because each party uses inputs that are owned by the other.
The benefits of FDI can be marginalized and costs minimized depending on government policy and the overall investment environment. Positive results are possible if the government has a strategic plan to leverage foreign investment and domestic resources, including human resources, to maximize economic growth and reduce income inequality. A country without a strategic plan is in essence relying on foreign capital to create an enabling environment for everyone in the country. This approach to policymaking is insufficient and misguided.