Tackling grand challenges: reimagining a moral ecology of globalisation

Peter Buckley () and Peter Enderwick ()
Additional contact information
Peter Buckley: University of Manchester

Asian Business & Management, 2025, vol. 24, issue 1, No 3, 33-54

Abstract: Abstract This paper argues the case for a morally superior globalisation designed to overcome some of the most striking limitations of recent global waves but retaining the economic power to address global challenges. There are three steps in reimagining a more acceptable globalisation: its primary focus; a corporate morality to ensure adherence to ethical practices; and the elimination of its negative externalities. For the first we suggest the adoption of the goal of elevating sustainable development to be the primary driver of globalisation. The second step involves acceptance of sacrifice by all agents: consumers, producers, governments, and investors, to widen humanity’s moral circle and value future generations as much as the present generation. The final stage involves a commitment by governments and multinational agencies to correct some of the obvious imperfections of globalisation while also ensuring its continuing operation. Our discussion represents a useful thought experiment and requires a significant change in thinking within those institutions charged with setting the “rules of the game” if we are to devise a fairer global system.

Keywords: SDGs; Asia; Globalisation; Moral ecology; Multinational enterprises (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1057/s41291-025-00294-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:abaman:v:24:y:2025:i:1:d:10.1057_s41291-025-00294-9

Ordering information: This journal article can be ordered from
https://www.palgrave.com/gp/journal/41291

DOI: 10.1057/s41291-025-00294-9

Access Statistics for this article

Asian Business & Management is currently edited by Fabian Jintae Froese

More articles in Asian Business & Management from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().