Tunisians learn from Brazilians – Disclosure practices improve in the Gulf – Kazakhstan reacts to the financial crisis. These are some of the issues addressed in the recent edition of Corporate Governance Trends, a quarterly CIPE publication on corporate governance developments in the Middle East and North Africa.
CG Trends highlights successful CIPE and partner projects, but it also tracks relevant trends throughout the region and the experience of other CIPE partners outside MENA. For more info, check out our MENA CG webpage at http://www.cipe.org/regional/menacg/index.php with CG Trends in Arabic and English.
What we’ve found is that our partners in the Middle East are often more interested in learning about corporate governance experience of developing countries outside the region, which may actually be more relevant than that of their neighbors. Each country has its own unique set of challenges and opportunities — integration with the European Union for Tunisia, a sophisticated banking sector in the Gulf, and dynamic foreign investment in Egypt — and parallels can be found around the world. And, for the first time CG Trends will be printed in French as well, which will further integrate French-speaking North Africa into CIPE’s network.
One of the articles in this issue covers the visit of our Tunisian partner, L’Institute Arabe des Chefs d’Entreprises, to the Brazilian Institute of Corporate Governance. I was lucky enough to join the delegation, and I can say that the highlight was seeing a shared vision among both groups and a strong commitment to improving their countries. The synergy was real, and both were eager to learn more about the economic and political environment of the other. Our Tunisian partners got some good advice in advance of launching their Institute of Corporate Governance, which will be the first in North Africa, and the Brazilian Institute of Corporate Governance entered the international stage in providing technical know-how to other emerging economies.
Anything in particular you’d like to read about corporate governance? Suggestions are always welcome…
Published Date: April 09, 2009