Aleksandr Shkolnikov

The Benevolent Dictator Myth: Strong Leaders Versus Strong Institutions

Aleksandr Shkolnikov, Introduction There is a real danger that the search for a benevolent dictator may become a development mantra in many countries. Proponents of democracy should take notice and show that democracy is the path for sustainable development, and that there are no substitutes for institutional reforms in seeking growth and development. Read more…

Beyond individual success stories: Promoting entrepreneurship through institutional reform

Aleksandr Shkolnikov, In search of private enterprise, jobs, and economic growth Read more…

The Business Principles for Countering Bribery

Aleksandr Shkolnikov, The Business Principles for Countering Bribery (Business Principles), developed by Transparency International (TI) and Social Accountability International (SAI) in a multi-stakeholder process, have been recognized as a key global anti-corruption standard. The Center for International Private Enterprise (CIPE) provided support for field testing and revisions of the principles, as well as their dissemination internationally. Read more…

What’s in a Word? Corporate Governance, Language, and Institutional Change

Anna Nadgrodkiewicz, Aleksandr Shkolnikov, Today, corporate governance is widely recognized as a key area of reform for the Middle East and North Africa (MENA) region, positioned as a means to modernize local economies and solve pressing social problems by creating private sector employment. A regional institute for corporate governance and a number of international stakeholder groups, such as the Organisation for Economic Co-operation and Development (OECD) MENA Initiative on Governance and Investment for Development, take corporate governance issues to heart. Read more…

Investing in Iraq and Jump-Starting the Iraqi Economy: Business Views on Legal and Regulatory Reform

Abdulwahab Alkebsi, Aleksandr Shkolnikov, After the recent second Iraq Oil and Gas Summit held in Houston, Texas, an exasperated energy executive, commenting on investment prospects in Iraq, concluded that “obviously people see potential, but how do you do business in Iraq? Nobody is going to jump in with two feet.”1 While this particular statement speaks to the attractiveness of Iraq’s lucrative petroleum industry, foreign investors seeking to do business across all sectors of the Iraqi economy share the very same sentiment. Read more…

From Promises to Action in Kenya: How to Make Democracy Work

Abdulwahab Alkebsi, Aleksandr Shkolnikov, The Private Sector in Post-Conflict Countries What role the private sector plays – and how it is defined – in helping countries emerge from conflict has become an important consideration in the development community. Private sector engagement in conflict resolution is increasingly relevant as many fragile democracies are struggling to break the vicious circle of socio-economic underdevelopment and the resulting instability. Read more…

Building Successful Business Associations: Why Good Association Governance Matters

Aleksandr Shkolnikov, Corporate governance became an issue of utmost importance for all emerging and transitioning economies just over a decade ago. Until several financial crises and high-profile scandals put it on top of the agenda for companies small and large in countries around the world, corporate governance was assumed to be something which concerned only large companies in major industrialized economies. Read more…

From Sustainable Companies to Sustainable Economies: Corporate Governance as a Transformational Development Tool

Aleksandr Shkolnikov, Andrew Wilson, For democracy to deliver, reform efforts must focus on improving economic institutions as well as political structures. Despite some impressive growth figures, many fragile democracies continue to face pressing economic and social problems of poverty, infrastructure decay, limited access to basic resources, and lack of private sector jobs. Read more…

Business Associations, Business Climate, and Economic Growth: Evidence from Transition Economies

Aleksandr Shkolnikov, John D. Sullivan, Kim Eric Bettcher, Interest groups are rarely portrayed in a positive light. In economic theories of regulation, collective action, and rent-seeking, interest groups are commonly perceived as seeking some form of redistribution through a political process. Read more…

Building Democracies and Markets in the Post-Conflict Context

Aleksandr Shkolnikov, Anna Nadgrodkiewicz, Post-conflict reconstruction is a challenging process for any nation recovering from protracted violence, and is often looked at with a dose of criticism and skepticism. It is especially difficult when early hopes for better livelihoods, economic prosperity, and conflict resolution meet the realities of political battles, ethnic disputes, misguided policies, social disorder, and quarrels over key resources. Still, post conflict reconstruction can also be a time for hope. Read more…

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