International Journal of Small Economies

C A BATMANGHLICH
Vol. 01, No. 01, Year 2009, Pages 15-23, Accepted 1st January 2008.

ABSTRACT
In the midst of the pending global economic meltdown, everyone from politicians to academics and executives are looking for a way to restore the order. Rescue plans are drawn up and financial stimulus packages are introduced. Yet it seems that all these efforts are nothing more than trouble shooting, failing to engage the root causes.

Aiming to cure the economic maladies in our world, a new elemental approach is needed, addressing our values and our world views – an approach that encourages us to examine the underlying reasons instead of the symptoms.

The role of ethics in our economies has been neglected and pushed into the margins for too long. Without sound ethical consideration in our societies, the current problems will not only remain fundamentally unsolved, but will resurface again and again.

No matter if you are in Asia, Europe or the Caribbean, ordinary people who make up the backbone of any economy feel betrayed and lost.
There is a call for new leadership, a leadership that in soul-searching, will find ethics and morality as its foundation. Small economies, possessing flexibility, agility and manoeuvrability have the opportunity to answer this call.

Download the paper (PDF):

Ethical Leadership as an Indispensible Contributing Factor to Rejuvenating Small Economies
C A BATMANGHLICH
Vol. 01, No. 01, Year 2009, Pages 15-23, Accepted 1st January 2008.