On May 1, 2016, the law, On Introduction of Amendments to Certain Legislative Acts of Ukraine Regarding Protection of Investors’ Rights (No. 289-VIII), came into effect. It introduced a number of new aspects to Ukrainian corporate law including the right to shareholder derivative actions, direct payment of dividends to shareholders, and –perhaps the most relevant to reducing corruption and privatizing state owned enterprises– the establishment of independent directors.
Podcast guest Andras Loke
This week on the Democracy that Delivers podcast, President of Transparency International Hungary, András Lőke, discusses the state of democracy in Hungary and the hard work it takes to maintain that system over time. He also discusses the cultural differences between countries in Central Europe and how culture can influence democratic development. Lőke is also founder and editor-in-chief of www.Ittlakunk.hu, a group of websites covering 23 Budapest neighborhoods that receives 800,000 unique visitors a month. He speaks about the government’s influence on the media. Lőke also talks about how corruption undermines democracy and the “economy within the economy” that institutionalizes corruption in Hungary.
Lőke recently spoke at the conference The Illiberal Turn?: Reasserting Democratic Values in Central and Eastern Europe. The conference was co-hosted by CIPE with the Atlantic Council, the International Republican Institute, the National Democratic Institute, and Radio Free Europe/Radio Liberty. You can conference presentations and panel discussions on the Atlantic Council website.
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Discussion moderator Christian Caryl with panelists Carl Gershman, Sarah Chayes and Eric Hontz at the Rapid Reaction Anti-Corruption Project event.
On September 16, 2016, CIPE hosted a panel discussion on the need for rapid response in countries where a significant opportunity has appeared for achieving anti-corruption progress. CIPE’s Rapid Reaction Anti-Corruption Project is designed to address this need by deploying a team of anti-corruption experts with international stature to countries in transition. The experts, with NGO, business, and law enforcement backgrounds, would be swiftly deployed to countries which have governments newly empowered to address corruption, and a strong economic interest from foreign firms previously repelled by corruption risk.
Today’s podcast is a recording of the event at which experts discussed corruption challenges and practical solutions. The event was opened by CIPE Managing Director Andrew Wilson [then Executive Director (acting)] and was moderated by Chrstian Caryl, Editor of the Foreign Policy Democracy Lab blog.
Panel speakers included President of the National Endowment for Democracy Carl Gershman; Senior Associate at the Carnegie Endowment for National Peace Sarah Chayes, and author of Thieves of State: Why Corruption Threatens Global Security Sarah Chayes; and CIPE Program Officer for Ukraine, Russia and Central Asia Eric Hontz.
Like what you heard? Listen to previous podcasts at: http://www.cipe.org/podcast
By Michael Merriam
In recent months, research on global trade has been divided over the effects of a long negotiated trade partnership for twelve Pacific Rim nations. Signed by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam, the Trans-Pacific Partnership (TPP) is, by GDP of signatory nations, the largest free trade pact in the history of the world. With many standards and provisions, the agreement’s depths contain articles that deal with a variety of subjects ranging from intellectual property rights to environmental protection. According to the Office of the U.S. Trade Representative, there will be 18,000 different taxes on American products that will be reduced or eliminated by adoption of the TPP. Beyond the benefits to the United States, the increased trade promotion and tariff reduction of the TPP promises to advance job creation, good governance, trade competitiveness, and stable economic growth on both sides of the pacific. Most significantly, the TPP incorporates greater trade facilitation requirements than past regional trade pacts, a hopeful sign for the future of global trade.
Discussion moderator Andrew Wilson (far left) with panelists Alicia Phillips Mandaville, Chris Maloney, and Beth Tritter.
This week’s podcast is a recording of an event CIPE co-hosted on September 15th with Millennium Challenge Corporation (MCC) in recognition of the International Day of Democracy. Following each of its quarterly Board of Directors meetings, MCC works with other partners to convene conversations of importance to the development community. This event provided a brief update of the recent MCC Board Meeting, and brought together thought leaders to discuss the role of democracy in development.
Sustainable development and reducing poverty are primary objectives of the United Nations’ Sustainable Development Goals (SDGs). Panelists demonstrated how the SDG goals that pertain to democratic governance are vital to reducing poverty, creating jobs, boosting economic growth, and making sure that development is sustainable. They discussed how strong democratic institutions, a robust rule of law, and inclusive economic policies that create a level playing field for everyone are essential elements of a development agenda with lasting impact. The discussion was moderated by CIPE Managing Director [then Executive Director (acting)] Andrew Wilson.
Podcast guest Jenny Anderson (center) with hosts Julie Johnson and Ken Jaques
On the Democracy that Delivers podcast this week, CIPE Program Officer for South Asia Jennifer Anderson talks about the economy in Pakistan and holding the government accountable for delivering on its economic promises. Anderson discusses the crucial link between successful implementation of economic reforms and citizen support for the civilian government and democracy. She shares the view expressed by some in Pakistan that “entrepreneurship is dead” and why a number of aspiring Pakistani business people feel this way. Anderson also discusses the new registration process required for international and domestic NGOs to operate in the country. The show closes with Anderson sharing her story of how helping a friend cope with the tragedy of the Rwandan genocide changed her world view and got her started on her international development career.
Follow her on Twitter @JennyLAnderson_
From Left: Discussion moderator Andrew Wilson, with speakers Alicia Phillips Mandaville, Chris Maloney, and Beth Tritter.
The International Day of Democracy was observed on September 15 with a theme of “Democracy and the 2030 Agenda for Sustainable Development.” Created by the UN General Assembly in 2007, the Day of Democracy was intended to provide an opportunity to recognize the importance of democracy in upholding human rights, as enshrined in the Universal Declaration of Human Rights and the International Covenant on Civil and Political Rights, and to review the state of democracy around the world.
From environmental degradation to food insecurity and energy shortages, today’s global development challenges are complex and multifaceted. The Sustainable Development Goals (SDG) lay out ambitious yet vital targets for addressing these challenges from ending all forms of poverty and tackling climate change, to improving living standards across the spectrum, and reducing inequalities. Of these goals, SDG 16, which focuses on governance, peace, justice and strong institutions holds a unique place among the rest.