Business Ethics and Corporate Governance, Second Edition

INTERNATIONAL ISSUES

Many environmental issues are international by their very nature. These include cross-boundary pollution, common area resources, and economic development. Traditionally, state sovereignty and self interest took precedence over the resolution of global problems. In recent decades, an integrated world economy has emerged and is dominated by multinational corporations. The resulting economic interdependence of nations fosters cooperation in resolving international issues. The worldwide recognition of an ecological crisis has moved the global environment higher on the international agenda. The absence of an international government, competition between nations and the complexity of international relations all remain as obstacles ...