Feature Service Articles
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The role of the private sector in building democracies that deliver prosperity and opportunity to all citizens is often overlooked. That is why the contribution made by private sector participants at the 8th Ministerial Conference of the Community of Democracies is particularly noteworthy. The Ministerial, which took place on July 22-24 in El Salvador, gathered representatives of governments, parliaments, civil society, the private sector, and youth in the capital of the Community’s 2013-2015 Presidency, San Salvador. The leading theme for El Salvador’s Presidency was “Democracy and Development.” About 800 participants from more than 70 countries attended.
The Conference facilitated more in-depth interactions between representatives of civil society, parliaments, the private sector, and youth in designated sectoral forums. These forums took place on the opening day of the Conference and met simultaneously to discuss the most urgent issues in their areas of expertise and make recommendations to the participating governments. The Center for International Private Enterprise (CIPE) organized a panel at the Private Sector Forum on the topic of Public-Private Dialogue (PPD).
The Private Sector Forum produced a Declaration that emphasizes the principles of dialogue and corporate social responsibility as key elements of progress toward democracy and development. The Declaration of the Private Sector Forum was subsequently presented to high-level government officials from around the world during the final day of the Ministerial.Read more...
The debate over Russia’s modernization policy and how to create a modern economic model and spur economic development began with the issue of how to modernize the country’s technical and technological infrastructure. Certainly, introducing new technological solutions – both domestic and foreign – and building a foundation for their long-term growth and adaptation are enormously important parts of this effort.
However, experience in both the Soviet and post-Soviet periods demonstrates that a policy based primarily on implanting new technological solutions and manufacturing processes into the existing management and governance practices is not a recipe for success. Perhaps the clearest example of this is the automaker AvtoVAZ, which was considered to be an advanced manufacturing facility when it was acquired by Fiat. However, in a relatively short time, AvtoVAZ has lost the manufacturing quality standards that Fiat’s plants were known for. The Russian company demonstrated a total inability to grow its capacity to design and produce new car models that reflect contemporary international trends. This became clear by the early 1990s.Read more...
Business on the Defense
Companies operating in more competitive markets are now responsible for most of what can be described as world prosperity. This is especially true in the wealthiest countries, but is also increasingly the case in those parts of the world where wealth remains rare and recent. The business contribution to economic progress arises from the ‘combination of opportunities and pressures’ that a competitive market economy generates. Ensuring that markets are really competitive and that new and small companies can enter them easily are key components of maximizing the benefits of market economies.Read more...
The following set of three articles come from the winners of CIPE's 2010 International Youth Essay Contest in the category of democracy that delivers. For more information about the essay contest, visit www.cipe.org/essay.
Arise o Nigerians!
Article at a glance
- Nigeria has a challenging history with democracy, particularly in the areas of elections, the press, and public opinion
- Youth participation in elections and improved dissemination of information are two ways that elections could be better shaped in Nigeria.
- Good governance and a more active and concerned citizenry could change attitudes towards democracy in Nigeria.
Making Politics Fun: Why Youth Empowerment is Important for Democracy
Shofwan Al Banna Choiruzzad
Article at a glanceRead more...
In search of private enterprise, jobs, and economic growth
Ahmed Muhammad Sayyid was an Egyptian student with a university degree who had high hopes and aspirations for a successful career in tourism. Instead, he ended up living with his mother and working as a driver for less than $100 a month. Certainly, this was not the future to which he aspired, especially having higher education in a country where about one-third of the population is illiterate. Frustrated by his inability to get a job, make money, and start a family, Sayyid lost hope in himself and in the government’s ability to help him.
Sayyid is not alone. Millions of youth in the Middle East and North Africa (MENA) region enter the workforce with high hopes and cannot find jobs. Left on the sidelines of development, young people lose faith in governments and instead close themselves off from a society that has no place for them. They are the “generation in waiting,” confined to idleness in the streets and spend their time drinking tea, smoking arghileh, and waiting for jobs to arrive.Read more...
The United Nations Global Compact (UNGC) is the world’s largest corporate citizenship and sustainability initiative that gathers companies and civil society organizations committed to the 10 universally accepted principles in the areas of human rights, labor, environment, and anti-corruption. Launched 10 years ago and structured as a voluntary but accountable public-private initiative, the Global Compact focuses on engaging businesses around the world in the implementation of best corporate social responsibility practices. Chief Executive Officers of participating companies pledge to align their operations and strategies with the ten UNGC principles and they share approaches 10 lessons learned in the annual progress communication publication.Read more...
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Call for Items
CIPE welcomes articles submitted by readers. Most articles run between 3-7 pages (1000-3000 words), but all submissions relevant to CIPE's mission of building accountable, democratic institutions through market-oriented reform will be considered based on merit. Economic Reform Feature Service articles are primarily geared toward an international, non-academic community of businesspeople, economic reformers, and policy-makers. Specific policy recommendations and articles based on direct experience are encouraged. In addition to articles, we are willing to adapt suitable lectures, speeches, research notes, and academic papers.
Articles should be sent to: firstname.lastname@example.org.