Global Business Today: Asia-Pacific Perspective 5th edition by Charles W. L. Hill Solution manual
http://data.worldbank.org/apps)
the DataBank interface to the World Bank’s time-series databases, which enables users to create, save and share tables, charts and maps and embed them in blog posts and websites (http://databank.worldbank.org).
Learn more about the WDI and other datasets, and discuss new ideas, at http://datahelpdesk.worldbank.org.
Follow the latest news on the WDI and Open Data at http://blogs.worldbank.org/opendata and on Twitter at @WorldBankData.
5. Identify a number of civil society groups or associations that are essentially global—for example, Oxfam. Many are concerned with issues of global justice and sustainable development. Outline their missions and goals. Assess the extent to which the issues they address and the actions they take transcend borders. Discuss the risks, if any, that these groups present to globalisation and international business.
Answer guide:
Oxfam
Mission and goals
Oxfam Australia’s work is guided by policies which, at the broadest level, are developed by its board of management. The board’s Community Reference Committee (CRC) is responsible for consulting with supporters on policy issues, informing the board about supporters’ views, monitoring the effectiveness of existing policies and drafting new policies.
Some of the issues and actions Oxfam takes
Issues addressed by Oxfam are significant. Alongside fighting poverty and injustice with aid partners, they include aid development and emergency relief, for example when an environmental crisis such as a hurricane or earthquake occurs. Other examples include combating hunger and starvation because of drought or disease, ethical trading where corporations are held responsible for the human rights of individuals and communities, water sanitation and unsafe mining ventures.
Assessment of the issues and actions taken
In 2014–15, Oxfam’s 17 affiliates reached 25 million people in more than 85 countries around the world. Of that number, Oxfam Australia directly reached more than 5 million people: 2.3 million people through their 106 long-term development and advocacy projects (with the help of 525 partner organisations), and, in partnership with Oxfam affiliates, almost 3 million people who were affected by disaster or conflict.
The Oxfam Shop also works with more than 138 fair trade and ethical producer partners in 39 countries, including Australia. With generous supporters, families are growing more food, earning a living, accessing clean water and toilets, living healthier and safer lives, and having their voices heard. Their contribution has made a positive difference to the lives of people around the world. Where the money collected is distributed is shown diagrammatically below:
For every $1 Oxfam spends:
Emergency appeals:
Oxfam spends at least 90 per cent of funds raised from emergency appeals on emergency response programs. The remaining 10 per cent covers costs associated with advertising and promoting their appeals, operating their toll-free phone room, processing and receipting donations and audit and financial accountability.
Why donations are so important
Source: www.oxfam.org.au
Risks to globalisation and international business
The risk to globalisation and international business is the extent to which the economic benefits outweigh the costs of doing business in a country. In addition, the element of macroeconomic risk is the likelihood that changes in a country’s societal environment will affect the business context in a country; that is, that profit and other outcomes of a particular business will be adversely affected. There are many other risks that also need to be considered. They are macro- and micro-political risks, legal risk, ownership/control risk, operational risk and transfer (of funds) risk. See Chapter 7 for more details on these types of risk and what can be done about them.
Learn more about the WDI and other datasets, and discuss new ideas, at http://datahelpdesk.worldbank.org.
Follow the latest news on the WDI and Open Data at http://blogs.worldbank.org/opendata and on Twitter at @WorldBankData.
IBGA7: Global Perspective
5. Identify a number of civil society groups or associations that are essentially global—for example, Oxfam. Many are concerned with issues of global justice and sustainable development. Outline their missions and goals. Assess the extent to which the issues they address and the actions they take transcend borders. Discuss the risks, if any, that these groups present to globalisation and international business.
Answer guide:
Oxfam
Mission and goals
Oxfam Australia’s work is guided by policies which, at the broadest level, are developed by its board of management. The board’s Community Reference Committee (CRC) is responsible for consulting with supporters on policy issues, informing the board about supporters’ views, monitoring the effectiveness of existing policies and drafting new policies.
Some of the issues and actions Oxfam takes
Issues addressed by Oxfam are significant. Alongside fighting poverty and injustice with aid partners, they include aid development and emergency relief, for example when an environmental crisis such as a hurricane or earthquake occurs. Other examples include combating hunger and starvation because of drought or disease, ethical trading where corporations are held responsible for the human rights of individuals and communities, water sanitation and unsafe mining ventures.
Assessment of the issues and actions taken
In 2014–15, Oxfam’s 17 affiliates reached 25 million people in more than 85 countries around the world. Of that number, Oxfam Australia directly reached more than 5 million people: 2.3 million people through their 106 long-term development and advocacy projects (with the help of 525 partner organisations), and, in partnership with Oxfam affiliates, almost 3 million people who were affected by disaster or conflict.
The Oxfam Shop also works with more than 138 fair trade and ethical producer partners in 39 countries, including Australia. With generous supporters, families are growing more food, earning a living, accessing clean water and toilets, living healthier and safer lives, and having their voices heard. Their contribution has made a positive difference to the lives of people around the world. Where the money collected is distributed is shown diagrammatically below:
For every $1 Oxfam spends:
- 69 cents is used to directly support development, advocacy and humanitarian programs around the world;
- 20 cents is invested to generate future income;
- 11 cents is spent on essential administration.
Emergency appeals:
Oxfam spends at least 90 per cent of funds raised from emergency appeals on emergency response programs. The remaining 10 per cent covers costs associated with advertising and promoting their appeals, operating their toll-free phone room, processing and receipting donations and audit and financial accountability.
Why donations are so important
- 64 per cent comes from the community (residents)
- 30 per cent comes from the Department of Foreign Affairs and Trade
- 5 per cent comes from grants
- 1 per cent comes from other sources
Source: www.oxfam.org.au
Risks to globalisation and international business
The risk to globalisation and international business is the extent to which the economic benefits outweigh the costs of doing business in a country. In addition, the element of macroeconomic risk is the likelihood that changes in a country’s societal environment will affect the business context in a country; that is, that profit and other outcomes of a particular business will be adversely affected. There are many other risks that also need to be considered. They are macro- and micro-political risks, legal risk, ownership/control risk, operational risk and transfer (of funds) risk. See Chapter 7 for more details on these types of risk and what can be done about them.