ABSTRACT
International corporate responsibility (ICR) has been seen as a boon for international development. 1 Especially given recent trends toward globalisation, the value of ICR in international development spans the business literature (Bendell 2000; Hopkins 1998; Schwartz and Gibb 1999) and the development literature (Fox et al. 2002). Inspired by many of these deliberations, the World Bank (2002, 2003) has held a number of e-conferences about using corporate responsibility programmes for public-private partnerships to help provide social services and reduce policy risks. According to these works, ICR offers a gambit of benefits from promoting higher incomes, achieving a fairer redistribution of national and international income, fostering greater political stability, increasing tax revenue for states, and raising participation in the political process by non-governmental organisations.
