Help Empower Nepal’s Entrepreneurs!

samriddhi-vid

CIPE’s long time partner Samriddhi, the Prosperity Foundation in Nepal is seeking to better understand why so many of their independent and small businesses never grow. What is preventing these mom-and-pop shops in Nepal from engaging in the formal economy, accessing credit, and growing their operations? What barriers do these entrepreneurs face?

Samriddhi wants to document and help tell the stories about what challenges these entrepreneurs face every day. But Samriddhi needs your help first. Using crowd funding, Samriddhi partnered with the Atlas Network: for up to $7,500 that Samriddhi raises through its crowd funding campaign, the Atlas Network will match dollar-to-dollar.

There’s only 16 days left to help them out! So read about Samriddhi’s crowd funding campaign and watch their video to help understand how you can help empower Nepali entrepreneurs.

Why Words Matter

Created with WordItOut.

Created with WordItOut.

Researchers have recently identified 23 words they term “ultraconserved,” meaning they haven’t much changed since the end of the Ice Age 15,000 years ago. These words—mother, man, fire, worm, and spit, among others­—sound and mean the same in most Eurasiatic language families. The most commonly shared word is “thou” – the singular form of “you”. Imagine that. Among the nearly 700 languages in these families, stretching from Great Britain to Western China, the Arctic to southern India, all of them share a very close version of this word.

Words matter because they allow us to communicate clearly. A decade ago, no agreed-upon phrase existed in Arabic for corporate governance, making debate and reform difficult. An issue can’t be addressed if it can’t be clearly defined. To that end, a CIPE-led effort resulted in the first standardized term for “corporate governance” in the Arabic language: hawkamat ash-sharikat. Developing a common term opened the door for broad-based dialogue on corporate governance in the Arab world.

Sometimes it seems that CIPE has its own language. Look at the word cloud above, created from CIPE’s 2012 Annual Report. Democracy, business, governance, public sector, private sector. These words are probably familiar, but it might not be immediately clear how they work together.

If you look at it more closely, however, you’ll see they are parts of a fully functioning, democratic, free market society. All of the pieces move together—an empowered, informed electorate can hold its government accountable. A strong private sector forms the engine of job creation and economic growth within a society. A true democracy is dependent on its citizens, its private sector, and its government to act in good faith and with good intentions.

Words matter for what they represent. The words in the image above represent the hard work of CIPE’s partners over the last year. Their stories and successes are inspiring, and we hope you’ll take the time to read about them here.

A Business Agenda for Democracies

Andrew Wilson of CIPE speaks at the 7th Ministerial Meeting of the Community of Democracies in Ulaanbaatar, Mongolia.

Andrew Wilson of CIPE speaks at the 7th Ministerial Meeting of the Community of Democracies in Ulaanbaatar, Mongolia.

The seventh ministerial meeting for the Community of Democracies (CD) was held last month in Ulaanbaator, Mongolia. This year, for only the second time, the business community met as the Corporate Democracy Forum (CDF) to share its views with the CD ministerial, and CIPE was invited to participate.

The Community of Democracies is an intergovernmental coalition of over 100 democratic nations established by Polish Foreign Minister Bronislaw Geremek and U.S. Secretary of State Madeline Albright in 2000 to promote democratic rules and strengthen democratic norms and institutions.

In conducting its work the CD actively seeks input from a number of stakeholder groups including women, youth, parliamentarians, and civil society, who also gather during the ministerial meetings to provide their own viewpoints and recommendations on what the organization’s priorities should be and how to achieve its goals. The CDF represents the private sector’s voice in that discussion.

The overriding theme that dominated the CDF’s discussions was the concept of companies exercising a stronger sense of corporate citizenship, in which they recognize the broader role and leadership position they have within democracies as wealth creators, employers, taxpayers, and leaders.  For their part, governments need to encourage companies to take a stronger role, and welcome them in partnership.

Organized by the Mongolian Chamber of Commerce and Industry, the meeting highlighted steps that both the public and private sector can take to promote democracy through actions in three areas: improving public-private dialogue, promoting anti-corruption actions, and corporate social responsibility.

The CDF recognized that sustainable economic development must be based on private sector growth, and, as a stakeholder in this process, business requires an equal seat at the policy table. While sounding simple this task often requires a commitment from both sides of the dialogue that sometimes signals a change in the way things are done. Government officials have to get used to the idea of business as a policy partner, and businesspeople must be prepared to enter into dialogue in a thoughtful and constructive fashion.

Recognizing that the business community is not a monolith the CDF called on CD members to ensure inclusiveness by extending their dialogue to the broader business community including, national, regional, sectoral, and women’s business groups.

In terms of the fight against corruption, the CDF recognized that businesses are part of the “supply and demand” equation that allows corruption to flourish, and as such the business community has an obligation to lead through example. The CDF highlighted the work of programs such as the World economic Forum’s Partnering Against Corruption Initiative (PACI), and other efforts led by business associations and NGOs that seek to help companies improve ethical standards and implement anti-corruption initiatives. The CDF called on CD governments to encourage the establishment of such efforts.

In the field of corporate social responsibility, the meeting highlighted the important role business  has to play in promoting sustainable development. To this end, the CDF’s deliberations put the emphasis on private sector action in finding ways to support the implementation of all 10 Millennium Development Goals in a fashion that encourages sustainable and “green” development in transitional and aspiring democracies. As with the other topics for discussion, emphasis was placed on the need for effective public-private dialogue on how to achieve these goals.

The overall sense at the CDF was one that appreciated the opportunity the CD has extended to all the stakeholder groups to provide their input on a more visible and equal footing, showing that sustainable democracy is built on consensus and inclusion. It is a lesson other international inter-governmental bodies could more effectively learn.

Andrew Wilson is Regional Director for Eastern Europe & Eurasia and South Asia at CIPE.

Women’s Business Associations Moving Forward in South Asia

nepal-women's-business-associations

“The sessions in Dhaka and Kathmandu helped develop structure and set direction and proper governance guidance to our business associations, which usually tend to be run according to individual chairperson’s goals. Setting vision and mission based on a membership needs assessment is such a simple idea that we learned…so basic but yet hardly used as we tend to overlook membership requirements in our day to day chamber activities and operations” – Rezani Aziz, Sri Lanka

Despite severe challenges, women’s business associations are playing effective roles in promoting interests of their members. However, CIPE has observed that most women’s business associations in South Asia are struggling to perform optimally.

CIPE took this challenge as an opportunity to work with a selected group of eleven business associations in the South Asia region, aiming at strengthening institutional capacity to help them become stronger advocates for their members. In the first phase of this project, CIPE organized a two-day session for the group in Dhaka in January 2013.

The second workshop for the same group was held in Kathmandu, Nepal on 22 and 23 April. After the Dhaka session, the Peshawar Women Chamber of Commerce & Industry embarked upon an advocacy project to identify barriers to women’s entrepreneurship in the terror-affected Khyber Pakhtoon Khawa region, while the Lahore Chamber of Commerce & Industry conducted a survey focusing on their 600 women members. These two case studies from Pakistan were presented to participants in Kathmandu.

CONTINUE READING

CIPE and the Private Sector’s Role in Cote d’Ivoire’s Fragile Democracy

A street market in Abidjan (Photo: Wikimedia Commons)

A street market in Abidjan (Photo: Wikimedia Commons)

In Cote d’Ivoire, CIPE is engaged in a multi-year program to enhance the capacity of Ivorian private sector associations, particularly in the small and medium enterprises sector (SME), to drive advocacy initiatives for market-oriented policy reforms and a functional democracy.

This new program in Cote d’Ivoire also takes account of the post-conflict nature of the society and the transitional phase of its economy. Recent political developments in Cote d’Ivoire indicate significant challenges to consolidating any democratic gains after the 2011 post-electoral crises. Oddly enough, the administration’s response to these challenges may be favorable to CIPE’s program and mission in Cote d’Ivoire, which would lead to the kind of fundamental impact that will ultimately foster more sustainable democratic gains.

CONTINUE READING

The Role of Information in Planning for Syria’s Post-War Economic Future

SEF

As the world celebrates World Press Freedom Day, it is important to remember that access to information and free and unbiased reporting are vital elements for developing a democracy. According to the 2013 Press Freedom Index published by Reporters Without Borders, Syria is ranked 176th out of 179 countries. Since the beginning of the uprising in March 2011, Syrian authorities have restricted coverage of the unrest and continue to misreport the civil war on state-run TV stations.

My colleague Stephen Rosenlund wrote in his blog post A Bright Light on Syria’s Horizon about CIPE’s work with the Syrian Economic Forum (SEF), a think tank dedicated to building a free, pluralistic, and independent Syrian homeland that rests on a strong economy and ensures a life of freedom and dignity for all citizens. Despite the ongoing civil war and inability to establish a home office inside Syria, SEF has established a robust online presence through its website and social media pages allowing for the exchange of ideas and knowledge.

CONTINUE READING

To Rebalance or Not to Rebalance: That is Not a Question for China

Guozigoui_Bridge_in_Construction_-_China(1)

What is Asian development going to look like in the near future? Given that China remains the region’s leading giant, and one of its fastest-growing economies, the challenges for the new Chinese leadership have became the focal point of recent discussions on this topic.

CONTINUE READING