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Social Exclusion in Urban transformation in Business Area

Abstract

This article examines social exclusion in urban transformation areas from a business perspective. The research question is how businesses can address social exclusion in these areas. The method used is a literature review of scholarly articles and reports related to social exclusion and urban transformation (Aldred, R., 2012). The synthesis of the literature review indicates that social exclusion is a pervasive issue in urban transformation areas, and businesses can play a crucial role in addressing this issue. The discussion highlights various strategies that businesses can employ to promote social inclusion and enhance community well-being. The article concludes by emphasizing the importance of businesses' role in urban development and the need for collaborative efforts between businesses and local communities to address social exclusion (Aldred, R., 2012).

Introduction

Urban transformation areas are regions where urban development activities take place, such as infrastructure improvements, commercial development, and housing projects. However, these areas are also characterized by social exclusion, with certain groups facing discrimination and marginalization (Brenner, N. 2013). Social exclusion in these areas can lead to negative outcomes, including poor health, low educational attainment, and limited job opportunities. As such, addressing social exclusion is crucial for promoting community well-being in urban transformation areas.

Businesses play a significant role in urban transformation areas, as they are key drivers of economic growth and development (Glaeser, E. L., & Tobio, K. , 2008). However, businesses can also contribute to social exclusion if they do not consider the needs and interests of the local community (Brenner, N., 2013). Therefore, it is essential for businesses to address social exclusion and promote social inclusion in their operations in urban transformation areas. This article examines the role of businesses in addressing social exclusion in urban transformation areas and explores strategies that businesses can employ to promote social inclusion.

Research Question

The research question for this article is how businesses can address social exclusion in urban transformation areas.

Method

To address the research question, a literature review was conducted of scholarly articles and reports related to social exclusion and urban transformation. The search was conducted using databases such as Google Scholar, JSTOR, and Scopus, and keywords such as "social exclusion," "urban transformation," "business," "community development," and "corporate social responsibility."

The search focused on articles and reports published between 2010 and 2022. The literature review aimed to synthesize the findings from various studies and reports to identify strategies that businesses can employ to address social exclusion in urban transformation areas.

Synthesis of the Literature Review

The literature review indicates that social exclusion is a pervasive issue in urban transformation areas. Social exclusion can result from various factors, such as poverty, discrimination, and inadequate access to services and opportunities (Chatterjee, S., 2005). Social exclusion can also exacerbate existing social inequalities and create new ones. As such, addressing social exclusion is crucial for promoting community well-being and enhancing economic development in urban transformation areas (Chatterjee, S., 2005).

Businesses can play a crucial role in addressing social exclusion in urban transformation areas. Businesses can contribute to social inclusion by providing job opportunities, supporting local suppliers, and investing in community development projects. However, businesses can also contribute to social exclusion if they do not consider the needs and interests of the local community in their operations. As such, it is essential for businesses to adopt strategies that promote social inclusion and address social exclusion (Fainstein, S. , 2010).

Various strategies can help businesses promote social inclusion in urban transformation areas. For instance, businesses can engage in community development initiatives, such as investing in education and training programs, supporting local entrepreneurs, and partnering with community organizations (Fainstein, S. 2010). Businesses can also adopt inclusive hiring practices and create work environments that promote diversity and inclusion. Additionally, businesses can promote sustainability and environmental responsibility in their operations, which can have positive social and economic impacts (Glaeser, E. L., & Tobio, K. , 2008).

Discussion

Businesses can play a significant role in addressing social exclusion in urban transformation areas by adopting strategies that promote social inclusion. Engaging in community development initiatives, adopting inclusive hiring practices, and promoting sustainability and environmental responsibility can all contribute to enhancing community well-being and economic development (Sassen, S., 2014). However, businesses need to consider the unique needs and interests of the local community when designing and implementing these strategies. This requires businesses to engage in meaningful dialogue and collaboration with the community to understand their needs, concerns, and aspirations.

Moreover, businesses need to recognize that addressing social exclusion is not only a moral imperative but also a business imperative. By promoting social inclusion, businesses can enhance their reputation, attract and retain talented employees, and access new markets and customers. Additionally, promoting social inclusion can reduce the risks of social unrest, conflicts, and legal challenges that can arise from social exclusion.

Conclusion

In conclusion, social exclusion is a pervasive issue in urban transformation areas, and businesses can play a crucial role in addressing this issue. By adopting strategies that promote social inclusion, businesses can enhance community well-being and economic development while also contributing to their own success. However, addressing social exclusion requires businesses to engage in meaningful dialogue and collaboration with the local community and consider their unique needs and interests. Therefore, businesses need to adopt a holistic approach that balances economic and social goals and considers the long-term impacts of their actions on the community and the environment (Sassen, S. ,2014).

References

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