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Examining, discussing and suggesting the possible contribution and role of Buddhist economics for corporate social responsibility

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  • Richard Welford

Abstract

Key principles of Buddhist economics are discussed in relation to the private sector's role in contributing to sustainable development. It is suggested that many aspects of a Buddhist approach are consistent with recent developments in the field of corporate social responsibility. But a more radical approach to that concept is required if we are to attain anything close to sustainable development. That approach is well informed by notions of Buddhist economics.

Suggested Citation

  • Richard Welford, 2007. "Examining, discussing and suggesting the possible contribution and role of Buddhist economics for corporate social responsibility," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 1(3/4), pages 341-350.
    • Handle: RePEc:ids:ijgrec:v:1:y:2007:i:3/4:p:341-350
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