Related: Bush economist: Be 'very afraid' about globalization's next phaseSecond, public trust in global business has collapsed, threatening its license to operate. The viable alternative detailed in our report "Better Business, Better World" still relies on the market: competition still drives economic growth. Key to shifting globalization onto this desirable course is forging a new deal between business, government and civil society. A critical mass of businesses must make the shift and keep each other up to the mark for fair and sustainable globalization to flourish. -- Mark Malloch-Brown is chairman of the Business & Sustainable Development Commission and a former United Nations Deputy Secretary General.

Source: CNN January 16, 2017 05:23 UTC