Research
While Poverty is a Global Problem Resulting from Global Issues, its Definition and Solution Can Only be Found Locally
There is a debate on whether there should be a global definition of poverty that applies to all countries. Many people ask questions why we not have a more universal approach to address poverty. Is it too pragmatic to think that a universal approach is needed to address global poverty? the author thinks external agencies universal definition of poverty and poverty prescriptions for social and economic development are not effective to local living socio-economic development and to develop ecological economics rather contextually designed good governance programs suite for local development and to address the issue of poverty. For example, Grameen Bank micro-finance, Grameen America USA, Desjadin Credit Union Canada, Mondragon Spain, Natural Agriculture Thailand, Participatory Budget Brazil, BRAC non-formal education and BIKASH Bangladesh, and SWEA of Indian women cooperatives are well known local initiatives to address the issue of local poverty and unemployment. Therefore, the article emphasis that while poverty is a global problem resulting from global issues, its solution can only be found locally and therefore the nature of poverty must be defined locally.
Renewable Energy Context, Scope, Application and Green Business in Bangladesh
Energy is inevitable for development and its demand is increasing day by day. Energy is essential and important for human life. However, energy from fossil fuel (coals, diesel, kerosene, wood etc.) generates carbon, carbon dioxide emissions, green house emissions that pollute air, and destroy environment resulted global warming that’s harmful to living beings and nature. Hence energy scientists are looking for alternative energy resources uses that are environmentally friendly and good for human being. They are provoking for renewable energy (solar radiation energy, bio gas energy, wind energy, water wave energy, CNG energy and hydropower energy) use because PV technologies produce very small amount of CO2 compared to the emissions from conventional existing fossil fuel energy technologies. Therefore, renewable energy (RE) uses is less harmful to living beings and environment (air, water and land). This paper talks about fossil fuel energy and renewable energy use and their consequence and impact respectively in the nature and society. In the paper, the author incorporates his working experience with Grameen Shakti (GS) and the collected data from different RE implementing organizations in Bangladesh during his visit to Bangladesh in 2014-2015. The paper identifies different RE resources and different RE projects undertaken in the world particularly Bangladesh. The study explores RE resource utilization different business models, programs, and their benefits in Bangladesh. The study finds Bangladesh has developed a Government managed private apex organization named IDCOL (Infrastructure Development Company), which is involved in coordinating, counselling and financing to the RE implementing agencies in Bangladesh. The study discovers Grameen Shakti, a sister organization of Grameen Bank, is the largest RE implementing organization not only in Bangladesh, but also in the world. GS has developed a micro-utility RE financial model that has disseminated to the IDCOL p
Revenue-Generating Social and Economic Mission-Entwined Praxis of Organizations
Researchers, academicians, social scientists, policy makers, executives, and state leaders realize that classical economics, profit-maximizing corporations and traditional businesses are unwilling or unable to altruistically strive for public wellbeing in fulfilling the needs of society. Profitmaximizing capitalism destroys humanity and the harmony of society. Corporations are harmful to the environment; it has created poverty, unemployment, malnutrition, inequality, injustice and abnormality in the community. Hence many economists, policy makers, executives, academicians and state leaders comprehend that business policies should be adapted to enhance public wellbeing. They think that the sociology of economics and of business as well as political economy are missing in profit-maximizing business capitalism. Therefore, many thinkers believe it is necessary to include social objectives alongside profit-maximization to establish more altruistic businesses with practices that promote rather than hinder public wellbeing.
