Week 6 Discussion 1 Future Ethical Considerations
Chapter 10, global risks will continue to occur.
Table 10.3: Global risks 2014
ECONOMIC Shocks to economic infrastructure Fiscal crises in key economies [1] Failure of a major financial mechanism or institution [9] Liquidity crises Structurally high unemployment/underemployment [2] Oil-price shock to the global economy Failure/shortfall of critical infrastructure Decline of importance of the US dollar as a major currency |
ENVIRONMENTAL Natural disasters and man-made risks of depletion of natural resources Greater incidence of extreme weather events (e.g. floods, storms, fires) [6] Greater incidence of natural catastrophes (e.g. earthquakes, tsunamis, volcanic eruptions, geomagnetic storms) Greater incidence of man-made environmental catastrophes (e.g. oil spills, nuclear accidents) Major biodiversity loss and ecosystem collapse (land and ocean) Water crises [3] Failure of climate change mitigation and adaptation [5] |
GEOPOLITICAL Areas of politics, diplomacy, conflict, crime, and global governance (corruption) Global governance failure [7] Political collapse of a nation of geopolitical importance Increasing corruption Major escalation in organized crime and illicit trade Large-scale terrorist attacks Deployment of weapons of mass destruction Violent inter-state conflict with regional consequences Escalation of economic and resource nationalization |
SOCIETAL Risk relating to social stability and public health Food crises [8] Pandemic outbreak Unmanageable burden of chronic disease Severe income disparity [4] Antibiotic-resistant bacteria Mismanaged urbanization (e.g. planning failures, inadequate infrastructure and supply chains) Profound political and social instability [10] |
TECHNOLOGICAL Risks relating to growing centrality of information and communication technologies Breakdown of critical information infrastructure and networks Escalation in large-scale cyber attacks Massive incident of data fraud/theft |
Look at one of the risk areas (e.g., economic, environmental, geopolitical, societal, and technological) and consider a topic of future ethical consideration. Define and describe the ethical issue. Using terms to describe what considerations should be in place.
References & Articles
Gonzalez-Padron, T. (2015). Business ethics and social responsibility for managers
Usnick, L., & Usnick, R. (2013). Compliance program auditing: The growing need to insure that compliance programs themselves comply. Southern Law Journal, 23(2), 311-327.
Andrei, C. L., Tigu, G., Dragoescu, R. M., & Sinescu, C. J. (2014, November). Analysis of medical tourism for cardiovascular diseases. Amfiteatru Economic, (8)16, 1136-1150.
Jagyasi, P. (2012). Understanding ethical issues of medical tourism (Links to an external site.)Links to an external site.. DrPrem.com. Retrieved from http://www.drprem.com/ueimt/understanding-ethical-issues-of-medical-tourism.html
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