The Emergence of the Third Sector in Many Industrialized...

Chapter Two: Literature Review Chapter Introduction This chapter presents a review of the relevant peer-reviewed and scholarly literature concerning the emergence of the so-called third sector in many industrialized countries in recent years, the manner in which these trend have created the social enterprise movement and how these initiative are playing out in a real-world organization in Zambia. A summary of the research and important findings are presented in the chapters conclusion. Background and Overview In recent years, there has been an extraordinary growth of the so-called third sector in virtually all industrialized countries in the world and this growth is having an increasingly profound effect on helping impoverished peoples overcome the wide range of social and economic forces that are frequently arrayed against them. For instance, according to Borzaga and Defourney (2001), This sector is involved in the regulation of economic life when, for example, associations or social co-operatives are the partners of public authorities in the task of helping back into work poorly qualified unemployed people, who are at risk of permanent exclusion from the labor market (p. 1). The non-profit, or third sector, has assumed new relevance and importance for many people who have been marginalized and do not have access to other resources for economic development (Yuan, 2005; Kim, 2011). Social Enterprise For instance, some ocial enterprise is a simpleShow MoreRelatedCapital Theories Of Capital Theory2374 Words   |  10 Pages2. Literature Review (2,370) Capital theory FDI has only been treated as separate to traditional theories of capital movements in the internationally sphere since the 1950s (ref: lit review copied text). 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