In a further sign of growing interest in corporate social responsibility within Chinese government, the Shenzhen Municipal Bureau of Labour and Social Security has released a new research report on CSR in the southern city and manufacturing base. As reported in the Shenzhen Daily, the report suggests most local companies are not very socially responsible, although a few Shenzhen firms do feature among the most respectable firms in China.
The menu of corporate (social) responsibility offerings is getting rather heavy: there seems to be a new option on a daily basis. At least items are being provided to suit every taste.
…some of the macroeconomic outcomes that one expects to result from adoption of “Washington consensus” policies, notably a reduction in inflation, are indeed electorally popular. But they also find that “structural reforms,” calculated as an average of indexes for tax reform, financial liberalization, trade liberalization, and privatization, have a highly significant negative impact on votes in presidential elections.
We would hope not. Dani Rodrik asks what might replace what was the ‘Washington consensus’ after reading the World Bank's 'Economic Growth in the 1990s: Learning from a Decade of Reform.' He refers to the publication as both a mea culpa and a way forward from the Bank:
This was the title of Nobel Prize winner Edward Prescott’s keynote address today at the World Bank, at the opening of the PREM (Poverty Reduction and Economic Management) Conference 2006.
From his presentation, economic integration would be the main driver for growth and development.
ODI has re-launched their Forum on the Future of Aid as part of their project on Southern Voices for Change in the International Aid System. The goal is to “encourage online dialogue and discussion on research and opinions about how the international aid system currently works and whether and how it could be reformed.”