“Scientists have discovered an enormous energy source for the world…located in the poorest countries in the world,” announced Center for Strategic and International Studies (CSIS) President John Hamre recently. “If we tap it, this energy source will double or triple GDP growth in those countries.”
The resource Hamre was discussing is not a fossil fuel like coal or oil and is not a new form of renewable energy. His remarks were a reference to the 1.8 billion young people in the world between the ages of 10 and 24. This youth population is the largest the world has ever seen and their contributions to society have drastic implications for the development of emerging markets and fragile states. If youth become productive civic and economic participants in their communities, the benefits are immense. However, when young people are forced to the fringes of society and do not have sufficient opportunities to participate in society the consequences can be devastating.
In order to help policy, society, and business leaders better understand how to ensure that young people are best positioned to be drivers of growth and development, CSIS recently developed the Global Youth Wellbeing Index in partnership with the International Youth Foundation and Hilton Worldwide.
By Dr. Jong-Sung Hwang
The Open Government Partnership has become a leading force for advancing transparency and civic engagement in 63 countries. It was founded on a strong partnership between governments and civil society organizations. Recognizing the implications of open governance for economic and democratic development, CIPE has helped to establish an independent Council for Engaging the Private Sector in the Open Government Partnership. The Council is a joint initiative coordinated by the National Information Society Agency of Korea, Microsoft, and the Center for International Private Enterprise. CIPE’s Andrew Wilson, Deputy Director for Strategic Planning, is co-chair. The Council welcomes input from private sector and other stakeholders on the future of engagement in open governance.
Dr. Jong-Sung Hwang, Head of the Korea Big Data Center at the National Information Society Agency, introduces this exciting initiative on the Open Government Partnership blog.
Open government is not a new concept. According to Wikipedia, the idea that government should be open to public scrutiny and responsive to public opinion dates back at least to the time of the Enlightenment. For decades now, the emergence of Freedom of Information legislation and e-government initiatives have propelled a trend toward building transparent, accountable, and responsive governments.
However, open government has acquired new meaning in the 21st century, facilitated by the development of information technology. Whereas open government in the past meant access to information inside government, it now means not only access but also active sharing of information and collaborative governance between government and civil society. The distinction is that access is a one-directional relationship in which the government side opens up. In contrast, sharing implies bi- or multi-directional relationships and requires opening up and engagement by all sides.
The new version of open government, which aims for shared governance, can be named as open government 2.0. As Tim O’Reilly, advocate of Gov 2.0, puts it, open government 2.0 seeks to “redefine the relationship between citizens and government officials, engaging the citizen as a full participant rather than an observer. Citizens are not passive consumers of government services anymore. Instead, they are actively engaged in producing and delivering government services and sharing the results.
Washington, DC area ChamberLINKS participants (from left to right): Frida Mbugua (Kenya), Mariana Araujo (Venezuela), and Nini Panjikidze (Georgia).
This week five young professionals from different countries arrived to the U.S. to partake in CIPE’s ChamberLINKS program. The program, which is taking place for the fifth year, matches rising young stars from chambers of commerce and business associations around the world with similar organizations in the U.S.
This year’s participants and placements include:
For the following six weeks, these participants will shadow senior staff of their host organizations to observe and take part in the daily operations of successful associations.
Through the ChamberLINKS experience, the participants will gain valuable skills such as advocacy, membership development, and events management. At the same time, these international participants will provide their U.S. hosts with intercultural understandings such as insights into how associations operate in other nations.
The program also has a long-term impact because the participants bring back what they learned from their experiences to their home organizations after the program ends. For instance, Kipson Gundani, a 2012 ChamberLINKS program participant, raised funds and created momentum to start several new initiatives at the Zimbabwe National Chamber of Commerce (ZNCC) based on his experience at the Ponca City Chamber of Commerce in Oklahoma. This included internship programs connecting 50 university students with ZNCC members, evening networking events for ZNCC members, and improving the Chamber’s governance systems by making the board selection process more transparent.
Everyone involved in the program –the international participants, the host organizations, and CIPE – are excited to see what the participants will learn from the next six weeks.
Maiko Nakagaki is a Program Officer for Global Programs at CIPE.
Without a strong compliance program, many smaller Russian firms could be locked out of lucrative contracts with big multinationals.
By Henry Nelson
In countries with weak rule of law, anti-corruption efforts suffer from a collective action problem: because bribery and corruption are endemic and occur frequently, individual small business owners hesitate to reform because they fear that doing so will reduce their competitiveness.
If a small or medium-sized enterpise (SME) begins to eschew bribery, it might be incapable of securing contracts that require paying a bribe, for example. The threat of short-term loss of business is serious for SMEs and can deter companies from pursuing anti-corruption compliance.
Furthermore, the collective action problem effects the general business environment. Without a strong, coordinated voice on the importance of compliance, corruption continues to be seen as “business as usual” and the consensus continues to be that bribery is a necessary component of conducting business.
This collective action problem is pervasive and continues to pose issues for CIPE and its many global partners. It is difficult to implement reforms when SMEs fear that the reforms will hurt their business.
Earlier this month, CIPE’s Washington office hosted a delegation of CIPE Russia officers and regional CIPE partners for a discussion on value-chain anti-corruption efforts in Russia. The discussion yielded plenty of interesting information on CIPE Russia’s plan to work with regional Russian chambers of commerce in order to educate local SMEs about international anti-corruption laws like the U.S. Foreign Corrupt Practices Act (FCPA) and UK Bribery Act.
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.
Posted in Global
Tagged democracy, FEDN
This Saturday, April 5, marked the two-year anniversary of the signing of the Jumpstart Our Business Startup Act (JOBS Act), which paved the way for “equity crowdfunding” in the United States.
This year, the crowdfunding community celebrated that anniversary as Global Crowdfunding Day. While rules are still being drafted to make equity crowdfunding a reality in U.S., the broader crowdfunding world has already grown by leaps and bounds since that act was signed into law.
Simply put, crowdfunding allows anyone to invest in making an idea a reality — whether it’s a new product, a business, a book, movie, album, or video game, or a charitable project. By harnessing the power of the Internet and social media, crowdfunding platforms let people with innovative ideas harness donations as small as $1 from thousands or tens of thousands of people around the world who share their enthusiasm.
Someday, equity crowdfunding will allow these contributors to earn a return on their investment when they invest in a project like Oculus Rift, which was recently bought by Facebook for $2 billion. In the meantime, however, there is no shortage of creative ideas and potential in the crowdfunding community.
What does it take to make a virtual mentorship successful? How effectively can experienced professionals share their expertise and wisdom by mentoring non-profit organizations around the world?
Through the KnowHow Mentorship platform, a virtual mentorship program that links the professional skills of volunteers with the needs of associations and chambers of commerce from around the world seeking technical assistance, CIPE is currently facilitating 13 virtual mentorships between experienced association executives from the U.S., Canada, and Europe with mentee associations all the way from Bangladesh to Tunisia.