Businesses from the Rising Powers: Traditional or Progressive Development Partners for Africa?
Published by: IDS
Expectations about the role of businesses as development actors have become almost unrecognisable from the ones summarised by Milton Friedman: ‘The only social responsibility of business is to increase its profits’ (Friedman 1970). Despite Friedman’s relative abruptness, the role of business in contributing to the overall economic growth of a given country cannot be overstated.