The Role of Business in the World Economy

  • Sir Reay Geddes
Volume 12 Number 2
Published: May 1, 1981
https://doi.org/10.1111/j.1759-5436.1981.mp12002006.x
The Brandt Report fails to recognise that developing countries are now looking to private enterprise as the powerhouse in their development. It overemphasises redistribution (aid) as against wealth creation (of which companies are the agents) and mistakenly asserts that governments have a positive, as opposed to permissive, role to play, nationally and internationally, in promoting economic growth.
From Issue: Vol. 12 No. 2 (1981) | Britain on Brandt