In Bahrain, young people – those under 25 years of age – make up nearly half of the population. To create enough jobs for Bahrain’s youth, entrepreneurs and aspiring businesspeople will need to equip themselves with the necessary skills that will allow them to thrive in a dynamic global economy. A number of entrepreneurship initiatives have grown up to respond to this need. These include programs offered by Tamkeen, the Bahrain Chamber of Commerce and Industry, Bahrain Polytechnic, the University of Bahrain, and the Bahrain Development Bank.
Established in 2006 as part of Bahrain Economic Vision 2030, Tamkeen’s mission is to support Bahrain’s private sector to become the main driver of economic development in the country. Tamkeen’s programs have benefited more than 100,000 Bahrainis, and in 2013 alone, Tamkeen assisted more than 600 startups. Its programs include: a business incubator; the “Mashroo3i” Youth Business Plan Competition for students between ages 16 and 23; and programs for secondary and university students which are offered with INJAZ and AIESEC.
The Open Government Partnership has an ambitious agenda to advance transparency and accountability in government, which it seeks to advance through voluntary commitments, citizen engagement, and progress monitoring reports. It has garnered many adherents since it was launched by eight countries in 2011, and its members have already implemented numerous practical reforms.
At the OGP Americas Regional Meeting in Costa Rica, we had the opportunity to take stock of accomplishments and learn from practitioners about what makes the partnership work and how to sustain it. I was struck by the scale of the effort in several countries despite their resource constraints, as well as the concerns voiced by civil society for the integrity of overall reform.
Members of Tunisia’s business community share their concerns at a March 2014 policy roundtable.
We know that North African economies urgently need economic reforms, opportunities for youth, and greater economic inclusion. But what do we know about where the opportunities lie and – just as important – what are the greatest barriers that obstruct the growth of businesses?
A few salient insights emerged from a recent survey of 131 Egyptian and 100 Tunisian entrepreneurs and business owners, which was conducted by the Center on Development, Democracy, and the Rule of Law at Stanford in cooperation with CIPE. Many of the findings will come as no surprise — the business environment and entrepreneurial ecosystems have room to improve in both countries, and political uncertainty puts a drag on business. One major, policy-relevant finding is the need to address disparities in access to opportunity.
Michael Putra, Shell, discusses open policymaking at the OGP Asia Pacific Regional Conference, May 6. Seated to his left are Y. W. Junardy, President, Indonesia Global Compact Network, and Ahmad Yuniarto, Chairman, Schlumberger Indonesia.
At a tender three years of age, the Open Government Partnership (OGP) is growing toward maturity. It has reached a stage where it can reflect on progress made to date and learn from early attempts to inspire action by government and civil society. While enthusiasm remains fresh – palpable in the youth contingent at the Asia Regional Conference in Bali – champions within OGP are thinking seriously about how to ensure the credibility of national commitments and deliver the fruits of open government to the people.
Yet as an observer in Bali, I was mostly struck by the moments of discovery, the “aha” moments that occurred as new and veteran participants encountered one another. OGP is entirely new to many countries in Asia (Papua New Guinea and Burma, for instance) and equally new to certain segments of society, especially the private sector.
At the session hosted by Indonesia Global Compact Network on “Building Trust between Private and Public Sectors for a Competitive and Sustainable Economy,” prominent business people were amazed to know that there is such a partnership for transparency, accountability, and citizen engagement. They immediately grasped the potential of OGP to address issues of concern to them, including innovation policy, education, health, and local development. The light bulb really came on when they expressed that corporate social responsibility is not sufficient, that companies must become active citizens and engage with civil society and government alike to build trust.
Free Enterprise and Democracy Network (FEDN) members have been providing technical assistance in democratic transitions and sharing their experiences in economic reform. Here are some highlights of their activities.
In December, former Finance Minister of the Philippines and Chairman of the Institute for Solidarity in Asia Dr. Jesus Estanislao held roundtable discussions with five political parties as part of a joint project with the International Republican Institute to enhance political parties’ capacity to develop economic platforms. Dr. Estanislao shared his experience with the Philippines’ democratic and economic transition, as well as the country’s approach to decentralization.
Here at the Global Entrepreneurship Congress in Moscow, everyone is sold on the importance of creating entrepreneurial ecosystems. There is no shortage of ideas for doing this, and the quest has risen to the level of public policy. As Jonathan Ortmans has noted, governments are now interacting with grassroots networks that are driving bottom-up ecosystem building.
Entrepreneurship advocates should pay close attention to the sphere of public-private dialogue (PPD) as a powerful means for cracking the ecosystem code in each community. Public-private dialogue is a space for discovering policy solutions that are targeted, mutually agreed, and sustainable.
Long established as a tool for regulatory reform and market development around the world, PPD has the potential to uncover policy solutions for entrepreneurship, whether it’s policy for financing, taxes, innovation, education, or any other aspect of the enabling environment.
As 2013 flew by, even diligent readers of CIPE Development Blog might have missed valuable nuggets on our favorite topics. The Knowledge Management team at CIPE has done a little prospecting for you and offers the following summary of the year’s top new resources.