(Financial Times) Nearly 20 years ago, London School of Economics student Park Won Soon was inspired by the numerous Oxfam charity stores dotting his commute to class. When he returned to South Korea, he started Beautiful Store, a charity chain similar to Oxfam that currently employs 300 paid staff and 5,000 volunteers. Mr. Park’s work has now inspired Oxfam to develop programs for MBA students–particularly international ones–that teach ethical trade to future business leaders. For the first time, Oxfam is collaborating directly with business schools in hopes of solving global issues, such as poverty, in the long run. Oxfam’s trading director David McCullough said that after conversations with Mr. Park, Oxfam decided ethical trading workshops could have a deep effect on global greater good. “We decided that influencing business students’ thought processes was a good place to start. And when they return home, we’re hoping for some kind of multiplier effect,” he said. “It’s a very long-term strategy but it could have a profound impact on a new generation of leaders in the economic powerhouses of the next 20 to 30 years. Oxfam works with major international supermarkets and retailers to improve their supply chains and build factories that are not only more productive but have a higher degree of ethical standards and give workers a living wage. So we have lots of practical examples we can tell students about.”
(BBC) It has been a year since the devastating earthquake in Haiti, but conditions are still dire for Haitians despite vast aid efforts. Approximately $11 billion in aid money has been promised to Haiti, but due to fears about government corruption, a significant portion of that money has been witheld. Former US president Bill Clinton, who is co-chair to the Haiti Reconstruction Commission, is asking for patience, but with cholera outbreaks, brutal rapings, and homelessness as everyday trials, Haitians are worried about the future.