AIB 2012 Conference Proceedings - Academy of International ...

SUNDAY
The following discussion promotes an Inclusive Economic Ecology perspective for poverty alleviation. The
symbiotic relationship between inclusive markets and inclusive businesses is the center for the Inclusive
Economic Ecology perspective. This view employs public policy and firm level poverty alleviation strategies to
create an ecosystem that supports poverty mitigation and economic growth. The promotion and support of
inclusive markets in the Base of the Pyramid is a significant public policy agenda, although dependent on
working with businesses that engage in inclusive practices. Public policy cannot independently create economic
activity, however, it facilitates contexts (e.g., by supplying the legal frameworks that lend stability, fairness, and
transparency to enterprise) that support inclusive business initiatives incorporating local producers and
providers into their value chains. (For more information, please contact: Raed Elaydi, Roosevelt University, USA:
relaydi@roosevelt.edu)
Session: 1.4.P - Panel
Track: 1 - Institutions, Governance, and CSR
Showcase Panel on Managing the Shifting Public-Private Boundary in an Institutionally
Heterogeneous World
Presented On: July 1, 2012 - 14:30-15:45
Chair: Bennet A. Zelner, University of Maryland, College Park
Panelists:
Bennet A. Zelner, University of Maryland, College Park
Anita McGahan, University of Toronto
Christos Pitelis, University of Cambridge
Paul Vaaler, University of Minnesota
Andrew Spicer, University of South Carolina
Sandro Cabral, Universidade Federal da Bahia
Since the dawn of the capitalist era, beliefs and policies about the appropriate roles and responsibilities of public
and private sector actors have fluctuated significantly. The laissez-faire ideals prominent before the Great
Depression of the 1930s subsequently gave way to Keynesianism and other forms of interventionist economic
policy. By the late 1970s, the pendulum had swung back in the other direction as influential actors promoted
neoliberal ideals—policymaking principles celebrating market mechanisms as a response to the perceived
failings of the state-centered model—that fostered the adoption of market-oriented policy reforms in numerous
countries around the world. Another shift now appears afoot. Advocates of both public and private sector
solutions to the most pressing strategic issues of our time recognize the inevitable interplay between public and
private organizations in creating, allocating, and stewarding resources. In some instances, public and private
sector actors have adopted roles and responsibilities that depart from existing norms. More generally, the global
financial crisis has instigated intense public debate about a range of issues—financial regulation, executive
compensation, government assistance to the banking sector—that revolve around the appropriate roles and
responsibilities of public and private sector actors. In the this panel discussion, prominent scholars from the
fields of International Business and Strategic Management will consider the implications of the shifting
public/private boundary for business strategy and public policy. What opportunities do public and private sector
actors perceive or create in the face of such major institutional change What sorts of challenges do they
overcome, and how More generally, what are the relative abilities—and disabilities—of public and private
sector organizations in generating, deploying, and stewarding different types of productive resources (For
more information, please contact: Bennet A. Zelner, University of Maryland, College Park, USA:
bzelner@rhsmith.umd.edu)
AIB 2012 Conference Proceedings
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