Can It Be Both Economically and Morally Rewarding to Invest in Developing Countries

Gottschalk, Ricardo (2005) Can It Be Both Economically and Morally Rewarding to Invest in Developing Countries. Global Economy Journal, 5 (2). ISSN 15245861

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Abstract

This paper argues that investing in developing countries can be both economically and morally very rewarding. It firstly shows that historically capital invested in developing countries has obtained higher returns than invested in developed countries. It secondly argues that there is also a moral case for investing in developing countries. It would accelerate economic development in the poorer areas of the world, thereby promoting global development. It finally suggests that the socially responsible investment (SRI)initiative could be broadened to incorporate development objectives more explicitly, thereby serving as a conduit to more investment to the developing world.

Item Type: Article
Schools and Departments: School of Business, Management and Economics
School of Law, Politics and Sociology > Sociology
Subjects: H Social Sciences > HB Economic theory. Demography
Depositing User: Chris Keene
Date Deposited: 20 Jul 2007
Last Modified: 07 Mar 2017 05:08
URI: http://sro.sussex.ac.uk/id/eprint/1323
Google Scholar:3 Citations

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