Sustainable Markets for Sustainable Business a Global Perspective for Business and Financial Markets

Download or read book Sustainable Markets for Sustainable Business a Global Perspective for Business and Financial Markets written by Güler Aras and published by Lund Humphries Publishers. This book was released on 2015-04-01 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, sustainability risks and opportunities have become a global imperative and a megatrend for business. Sustainable Markets for Sustainable Business explores the relationship between markets and business and sustainable development, as well as issues such as climate change, pollution, land degradation and biodiversity loss. Güler Aras explains how these factors are, in part, the result of market failures, present in most sectors of the economy. The world's markets have the potential to improve the lives of billions in developing countries, reducing poverty and securing environmental quality for future generations. Often they fail to capture the full value of natural resources or promote the interests of poor people. Therefore, an effective public policy framework is required. Market governance and the relationship between the market and political authority remains a core question at the heart of the sustainability debate.