Encouraging economic development through ethical market economy.
Private pursuit can also limit free market conditions, fostering a spread of unethical behavior.
With the rise of democracy, many countries that were confined to other economic systems are now engaged in developing market economies. Similar small loan banks have been established around the world. There are movements to introduce a new kind of national accounting to address the distortions related to conventional Gross Product indicators which include not only the economic consequences of production reported by GDP, but the value of uncompensated services and goods and the deterioration of the ecosystems. Ethical market economy is further encouraged by governmental incentives that reward companies that comply with certain social and environmental goals and penalize those that compromise the goals. Discussions of ethical behavior, of what is good and right and proper, are increasing, not only by individuals but among companies and institutions.