This Report fromt he United Nations Global Compact finds that the economic crisis that so many countries have been experiencing has put the spotlight on the need for more corporate responsibility and what governments can do to promote it. In addition, interest in innovative ways to help stretch government resources for development has risen. Responsible business, as the key driver of sustainable development, also has a lot to offer in the way of resources, expertise, distribution networks, personnel, and so forth.
Against this backdrop, this report focuses on two dimensions of the relationship between governments and business. The first explores trends in public policies promoting corporate responsibility (CR). The second explores opportunities for governments to engage the private sector in development. The approach advocated
by the report is that business efforts to promote development are or should be seen as core to being a responsible business.
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