An increasing number of policy and governance challenges around the world demand private sector participation to generate viable solutions. Such challenges include poverty reduction, inclusive growth, government accountability, business integrity, national competitiveness, innovation, and access to opportunity. Although the obstacles to dialogue can be high, the value of dialogue is now widely recognized by governments and business leaders alike. Notably, the 4th High Level Forum on Aid Effectiveness in Busan, Korea, recommended that countries embrace “inclusive dialogue for building a policy environment conducive to sustainable development.”
In CIPE’s latest Economic Reform Feature Service article, Benjamin Herzberg, Program Lead, Leadership, Learning and Innovation at the World Bank Group, my colleague Kim Bettcher, Senior Knowledge Manager at CIPE, and I explore the importance of PPD and discuss its practical applications around the world.
Is democracy in decline? This question is on the minds of people around the world in these uncertain times. We have witnessed both triumphs of democracy, including Pakistan’s first-ever orderly transition of power through elections, and challenges to democratic progress such as increasingly authoritarian Russia or (with the exception of Tunisia) the implosion of the Arab Spring. That crucial question became the theme of the Journal of Democracy’s latest issue and framed the discussion at an event organized yesterday by the National Endowment for Democracy (NED) and Johns Hopkins University Press to celebrate the 25th anniversary of the Journal.
The choice of the democracy-in-decline theme may at first seem odd for the anniversary issue and its commemorative event. Marc Plattner, the founding coeditor of the Journal of Democracy and vice-president for research and studies at the NED, explains:
“Here in our twenty-firth anniversary issue, we feel compelled to confront head-on the questions of whether democracy is in decline. Why? There are two aspects to the answer, which although intertwined are in some measure separable. The first deals with what is actually taking place on the ground: How many countries are democratic? Is their number rising or shrinking? What is the situation with respect to such liberal-democratic features as freedom of the press, rule of law, free and fair elections, and the like? The second, more subjective, aspect concerns the standing of democracy in the world: How is it viewed in terms of legitimacy and attractiveness?”
Last week I celebrated Thanksgiving in an unusual way. Instead of turkey and cranberry sauce – Italian pizza and pasta. Instead of family and relatives, over 30 new acquaintances who are impressive women business leaders from around the world. All this thanks to a generous invitation from the International Training Centre of the International Labour Organization (ITCILO) in Turin to a stock-taking conference “Employers’ Organizations and Women Entrepreneurs: How to Reach Out?”
The conference was the final event of a three-year ITCILO initiative conducted with the support from the Dutch Employers Cooperation Programme (DECP) to better connect employers’ organizations with women entrepreneurs, who tend to be underrepresented. This initiative set out to build capacity of employers’ organizations on how to organize and represent women entrepreneurs effectively, and to ensure that women entrepreneurs can benefit from being part of a collective business voice in terms of access and influence over policymaking and direct benefit from the services provided by business organizations to their members.
A series of regional workshops ensued in Eastern and Southern Africa, Asia-Pacific, West Africa, the Caribbean, and the Maghreb, culminating in the Turin event where representatives from the organizations who participated in these workshops came together to exchange lessons learned and produce guidance on best practices.
The World Bank was founded on the principle of non-interference in the political affairs of its member countries, with the focus exclusively on fighting poverty through economic development. For decades, that meant that corruption was a taboo subject in the global discourse on development, even as it crippled the economies and societies of countries around the world.
That changed on October 1, 1996 when then-President of the World Bank, James Wolfensohn delivered his famous speech at the Annual Meetings where he called corruption what it is: a cancer on development.
Pro-democracy reformers and activists are among the most driven and courageous people in the world. Speaking out against abuses committed by authoritarian governments often brings the risk of punishment, and meaningfully engaging on policy issues even with democratic governments takes dedication, mobilization, and discipline.
Civil society is a key conduit between citizens and their governments through which such engagement should happen. Yet, in a troubling global trend, we are witnessing the shrinking of civic space, with a number of countries from Ethiopia to Russia having passed restrictive anti-NGO legislation.
Especially in such difficult environments, human rights defenders and democracy advocates more than anything need to know that they are not alone, that the ideals they fight for are universal, and that they are a part of an international community. That is exactly what the Warsaw Dialogue for Democracy helps to accomplish.
Now in its third edition, the Dialogue, which took place October 23-25 at the Natolin Campus of the College of Europe in Warsaw, is an international gathering devoted to democracy and civil society, bringing together representatives of civil society, human rights defenders and activists from Africa and the Middle East, Asia, the Americas and Eastern Europe. The Dialogue is a forum for the exchange of good practices and expertise in the evolution of democratic systems as well as a place to share success stories and challenges of democratic transitions.
Participants at Ethisphere’s 2014 Europe Ethics Summit.
In today’s global business environment, corruption poses a risk that companies with operations around the world must understand and manage effectively. Those that do reap the benefits. As the Ethisphere Institute points out, the business case is clear: the five year annualized performance of the World’s Most Ethical (WME) Companies Index was 21 percent, beating S&P 500’s 18 percent. Similarly, the ten year annualized performance of the WME Index is, at 11.4 percent, significantly higher than that of S&P 500 at 7.4 percent.
The key to success in ethical business is placing ethics at the center of corporate culture and building strong compliance programs that can mitigate corruption risks. That was the overarching theme of the recent 2014 Europe Ethics Summit: Leadership through Ethics and Governance, hosted in London by the Ethisphere Institute and Thomson Reuters. The Summit was Ethisphere’s first such event in Europe and gathered nearly 150 compliance experts, professionals, and stakeholders.
Earlier this week the U.S. Chamber of Commerce Foundation Corporate Citizenship Center’s conference The Impact Equation: Stronger Business, Greater Results, Better World gathered business and non-profit leaders committed to sharing innovative solutions on how to achieve positive change in communities in the U.S. and around the world.
This year’s event focused on results. As the Corporate Citizenship Center’s Executive Director Marc DeCourcey put it, “In today’s world, companies must ensure that every dollar spent is meaningful, that every employee volunteer opportunity is worthwhile, and that every investment shows a return. Companies must ensure that their work is driving measurable, lasting impact.”
Great speakers – including Arthur Brooks, President of the American Enterprise Institute, Stan Litow, President of the IBM Foundation, and Carolyn Berkowitz, President of the Capital One Foundation – emphasized that point throughout the conference. The focus on results was also reinforced by a study presented by Global Impact, Giving Beyond Borders: A Study of Global Giving by U.S. Corporations, showing that effectiveness in producing results is by far the most important factor influencing corporate partnerships with non-profits.
Here are a few other highlights from that report that I found particularly interested from the Center for International Private Enterprise’s perspective centered on international projects: