The Future Economy

June 2013
Harvard International Review;Summer2013, Vol. 35 Issue 1, p78
Academic Journal
The article highlights the attitude of the New Economics Foundation (NEF) toward business that pursues social responsibility and ethical reporting and one that serves as a force in human development. According to the NEF, humanity faces the four interlinked, systematic crises of planetary environmental limits, social inequality, global financial instability and massive debt, and wasted opportunity in developed nations. The author proposes the implementation of policy measures to counter short-termism of financial markets, a change of corporate tax and incentive regime as well as on the way companies are evaluated, a change of the structure of business, and reform of banking and financial markets.


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