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Sustainable Development Goal 8: Achieving Decent Work – An Illusion

In: The Palgrave Handbook of Corporate Social Responsibility

Author

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  • Prabir Kumar Bandyopadhyay

    (Symbiosis Institute of Business Management, Symbiosis International)

Abstract

Sustainable Development Goal (SDG) has evolved from Millennium Development Goal (MDG). It is therefore logical to discuss on MDG from the perspectives of its achievement and shortcomings, which can explain the rationale for adoption of SDG. World political leaders, scientists, and philosophers came to a consensus on different goals and targets for ending poverty worldwide as a developmental goal in 2000, and these goals and targets are institutionalized in the UN Millennium Declaration and become the MDGs. Prior to the declaration of MDGs, poverty reduction was the main agenda of UN, but it was thought to be combated by strategies focused toward economic liberalization, infrastructure development, and institutional and governance reform. This approach was criticized by academicians and civil society advocates on the ground that it neglects the poverty and human dimensions (Fukuda-Parr and Hulme 2011). Growth in GDP is not a prerequisite for human development. Recent example of achieving improvement in human dimensions without improving much in GDP growth by Bangladesh is a case in point. MDG consists of 8 goals having 18 targets. The UN later developed for better monitoring of progress 48 indicators. All these are integral part of the main objective of eradication of extreme poverty and dehumanizing conditions. MDG recognizes the multidimensional nature of poverty.

Suggested Citation

  • Prabir Kumar Bandyopadhyay, 2021. "Sustainable Development Goal 8: Achieving Decent Work – An Illusion," Springer Books, in: David Crowther & Shahla Seifi (ed.), The Palgrave Handbook of Corporate Social Responsibility, pages 413-427, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-42465-7_87
    DOI: 10.1007/978-3-030-42465-7_87
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    Keywords

    SDG; Decent work; UBI; Profit sharing; MDG;
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