Ethical Economics and Sustainable Development : The Role of Moral Capital

As societies strive for economic progress, they often prioritize metrics like GDP growth, technological innovation, and industrial expansion. However, amid the rush for material progress, something important yet frequently overlooked comes into focus: the influence of moral capital on the trajectory...

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Detalles Bibliográficos
Autores principales: Devi Datt Tewari, Kehinde Damilola Ilesanmi
Formato: Libro
Publicado: Routledge 2026
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Acceso en línea:Ver este registro en EBSCOhost
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        au:
          Devi Datt Tewari
          Kehinde Damilola Ilesanmi
      su:
        Sustainable development
        Economics
      sug:
        subj:
          BUSINESS & ECONOMICS / Development / Economic Development
          BUSINESS & ECONOMICS / Business Ethics
          BUSINESS & ECONOMICS / Economics / Theory
          BUSINESS & ECONOMICS / Development / Sustainable Development
          BUSINESS & ECONOMICS / Corporate Governance
          Sustainable development
          Economics
      ab: As societies strive for economic progress, they often prioritize metrics like GDP growth, technological innovation, and industrial expansion. However, amid the rush for material progress, something important yet frequently overlooked comes into focus: the influence of moral capital on the trajectory of economic expansion. This book explores the role of moral capital and its relationship with economic growth. It emphasises how investment in moral frameworks can promote social well-being and sustainable development.The book is divided into two sections. The first part focuses on the theorisation of the moral capital and African economic sustainability nexus, while the second part is devoted to some selected empirical studies on the impact of moral capital on African economic policies. The book argues that firm growth is crucial, not only for stakeholders but also for the broader economy, underpinning the sustainability of the ecosystem, and by adhering to ethical principles, organisations can make a positive impact on social, economic, and environmental issues. Furthermore, they can proactively address societal concerns, promote fairness and justice, and engage in sustainable practices. Through their actions, institutions become agents of positive change, helping to shape a more inclusive, equitable, and sustainable world. The key message of the book is that the cultivation of moral capital requires a collective effort from all stakeholders involved in institutional development; governments, institutions, civil society, and individuals must collaborate to create an ecosystem that incentivises and rewards ethical behaviour. It includes diverse perspectives and combines conceptual, theoretical, and empirical research, addressing contemporary issues in African economic policy and sustainability. It presents global case studies to make the case for the importance of moral capital in addressing African leadership problems.The book will appeal to academics, students, and researchers in economics, ethics, development studies, and sustainability.The Open Access version of this book, available at http://www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC BY-NC-ND) 4.0 license.
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