Under the banner of “Identity, Community, Vision,” over 1,300 delegates from around the world gathered in Turin, Italy on June 10 to attend the World Chambers Congress. The main focus of the three day event was how to strengthen small and medium enterprises (SMEs) worldwide to create jobs. Organizers focused on the need to create enabling environments for these businesses to grow and prosper – especially when it comes to youth and entrepreneurs.
“Chambers of Commerce play an increasingly important role in the global economy and are central to the International Chamber’s vision to promote trade as a driver of growth, jobs and sustainable development,” International Chamber of Commerce (ICC) Chairman Terry McGraw told the delegates. “The World Chambers Congress is an essential forum to promote knowledge sharing between chambers from around the world – driving real development of public-private partnerships.”
Mary Shirley delivering her speech at the “The Next Generation of Discovery: Research and Policy Change Inspired by Ronald Coase” conference in March 2015.
“Ronald Coase would often say that if Darwin were to come back to earth today, he would be amazed at how much biology has progressed since The Origin of Species. Whereas if Adam Smith came back today and looked at economics, he would be amazed at how little has changed since he wrote The Wealth of Nations.”
– Mary Shirley, President of the Ronald Coase Institute
CIPE’s latest Economic Reform Feature Service article features President of the Ronald Coase Institute Mary Shirley’s speech delivered at a conference co-hosted by the Ronald Coase Institute and CIPE on the topic “The Next Generation of Discovery: Research and Policy Change Inspired by Ronald Coase.” The conference, which was held in March this year, honored Ronald Coase – one of the most influential economists of the 20th century – and celebrated his important contributions to the field of economics.
“There is one thing the photograph must contain, the humanity of the moment.” – Robert Frank
Do you like to tell stories through photography? Then show us your best work! The first annual Center for International Private Enterprise (CIPE) Photo Competition is now open for submissions.
Open to participants of all ages, including student, amateur, and professional photographers, the inaugural photo competition will focus on the theme of Entrepreneurship.
Burgeoning youth populations across the developing world emphasize the importance of achieving sustainable economic growth and providing widespread employment opportunities. Economic inclusion refers to equality of opportunity for all members of society to participate in the economic life of their country as employers, entrepreneurs, consumers and citizens — and the private sector is a central partner in fostering economic growth.
CIPE’s latest Economic Reform Feature Service article outlines strategies to build a more inclusive entrepreneurial ecosystem by engaging traditionally under-represented groups in economic and political life. The article focuses on approaches to promote entrepreneurship opportunities among women and youth as well as informal sector operators. The article also illustrates successful approaches employed in CIPE projects around the world. Read the full article here.
Teodora Mihaylova is Research Coordinator at CIPE.
Real estate investors are attracted to the United States because its strong legal system protects their investment and because of the easy availability of accurate information. (Photo: Wikimedia Commons)
I recently participated in George Washington University’s 2015 Global Real Estate Conference in New York. Having been invited to share CIPE’s work developing the International Property Markets Scorecard at the International Real Estate Federation’s (FIABCI-USA) annual meeting, which dove-tailed with the conference, I took the opportunity to educate myself on the current happenings in the real estate field and see how CIPE’s work might resonate with the professionals most connected to international investment in property.
Headliners at the conference included international representatives from such prominent companies as Morgan Stanley, CBRE, Knight Frank, and Cushman & Wakefield. Mostly I learned a great deal of “inside baseball” language and can now boast a broader vocabulary, but there was another theme that kept coming up. Whether talking about mitigating risk, conducting valuation of property, or trying to determining capitalization rates, it all came down to the need for reliable information and a stable environment that allows for confident investing.
By Dahye Kim
On May 3, the United Nations General Assembly honors the fundamental principles of press freedom with World Press Freedom Day. On this day Freedom House also released Freedom of the Press 2015, the latest edition of its annual report published since 1980 to evaluate press freedom around the world.
Unfortunately, the dominant global trend in 2014 was negative. Global average score of press freedom declined to the lowest point in more than 10 years, with the largest one-year drop in a decade. There were significant declines in press freedom in 18 countries (Greece, Bahrain, Mali, Hong Kong, Azerbaijan, etc.), while just eight had significant gains (Tunisia, Myanmar, Libya, etc.)
Of 199 countries and territories, 32 percent were rated “Free”, 36 percent were rated “Partly Free”, and 32 percent were rated “Not Free.” This marks a shift toward the Partly Free category compared with the previous year.
While young people tend to be the most active participants in movements for democratic change, their involvement is often confined to staging demonstrations and other similar activist activities. However, in order for democratic reform — or any reform for that matter — to be meaningful and sustainable, youth must not only be involved in demonstrations, but also in the decision making processes that chart the way forward.
When they have a voice in the policymaking process, youth also gain a stake when it comes to implementation. Having contributed their ideas and opinions in a meaningful way, they become staunch advocates when it comes to accountability and will work into adulthood to ensure that the solutions they helped create are realized.
In addition to building youth buy-in, engaging young people in decision-making processes has other benefits. Youth can help drive innovation in policy by injecting new ideas and solutions and also bring new tools to the table as they are typically the first group to adopt new technologies and behaviors.
Though it is vital to ensure youth are engaged in policy advocacy campaigns, taking this from idea to reality can be difficult. Youth is generally thought of as a singular demographic, but in reality, youth can be extremely varied. Young people come from different social and economic backgrounds and age boundaries are not always well defined. Additionally, mobilizing young people can be easy, but policy reform is a long term goal and it can be challenging to maintain youth engagement for the duration of a campaign.
Over the course of its history strengthening democracy through market reform, CIPE has developed and implemented proven advocacy strategies including for youth. To capture and share this knowledge, CIPE recently published its Guide to Youth Advocacy, meant to share experience and best practices for organizing youth and organizations that support youth to engage in successful advocacy initiatives. In addition to outlining strategies and approaches, the resource provides small case studies of CIPE supported projects from around the world that organized youth to advocate for real reforms.
Read the guidebook here.
Frank Stroker is an Assistant Program Officer for Global Programs at CIPE.