Global capitalism certainly needs governance

    Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

    Abstract

    The market has proved to be a very effective instrument to bring out both the bright and the dark sides of human nature. According to the UNDP, China’s rapid economic development under the market model has generated the most rapid decline in absolute poverty in human history. Yet China is also well known for its high rates of industrial accidents (with some 7,000 coal miners death in 2003, the State aimed at reducing the death toll to 5,000 by 2007) and large number of scandals involving fake goods and lethal foods, when reason succumbs to greed.
    Original languageEnglish
    Pages (from-to)70
    JournalBusiness and Economy
    VolumeOct
    Publication statusPublished - Oct 2008

    Fingerprint

    Governance
    China
    Global capitalism
    Market model
    Human nature
    Poverty
    Scandal
    Greed
    Economic development
    Industrial accidents
    Food

    Cite this

    @article{9f06a104177d472b9b1dfcc93d281839,
    title = "Global capitalism certainly needs governance",
    abstract = "The market has proved to be a very effective instrument to bring out both the bright and the dark sides of human nature. According to the UNDP, China’s rapid economic development under the market model has generated the most rapid decline in absolute poverty in human history. Yet China is also well known for its high rates of industrial accidents (with some 7,000 coal miners death in 2003, the State aimed at reducing the death toll to 5,000 by 2007) and large number of scandals involving fake goods and lethal foods, when reason succumbs to greed.",
    author = "HO, {Lok Sang}",
    year = "2008",
    month = "10",
    language = "English",
    volume = "Oct",
    pages = "70",
    journal = "Business and Economy",
    issn = "0973-4333",

    }

    Global capitalism certainly needs governance. / HO, Lok Sang.

    In: Business and Economy, Vol. Oct, 10.2008, p. 70.

    Research output: Journal PublicationsJournal Article (refereed)Researchpeer-review

    TY - JOUR

    T1 - Global capitalism certainly needs governance

    AU - HO, Lok Sang

    PY - 2008/10

    Y1 - 2008/10

    N2 - The market has proved to be a very effective instrument to bring out both the bright and the dark sides of human nature. According to the UNDP, China’s rapid economic development under the market model has generated the most rapid decline in absolute poverty in human history. Yet China is also well known for its high rates of industrial accidents (with some 7,000 coal miners death in 2003, the State aimed at reducing the death toll to 5,000 by 2007) and large number of scandals involving fake goods and lethal foods, when reason succumbs to greed.

    AB - The market has proved to be a very effective instrument to bring out both the bright and the dark sides of human nature. According to the UNDP, China’s rapid economic development under the market model has generated the most rapid decline in absolute poverty in human history. Yet China is also well known for its high rates of industrial accidents (with some 7,000 coal miners death in 2003, the State aimed at reducing the death toll to 5,000 by 2007) and large number of scandals involving fake goods and lethal foods, when reason succumbs to greed.

    UR - https://commons.ln.edu.hk/sw_master/381

    M3 - Journal Article (refereed)

    VL - Oct

    SP - 70

    JO - Business and Economy

    JF - Business and Economy

    SN - 0973-4333

    ER -