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Article at a glance
- Deliberations on a new post-2015 development agenda are currently underway. These deliberations are taking into account significant changes to the field of development cooperation since the Millenium Development Goals were established.
- There are new questions and expectations regarding: development goals, local ownership and capacity for implementation, coherent and effective international support, and appropriate kinds and adequate amounts of financing.
- A major challenge will be to undertake a transformative shift toward more coherent partnerships that take into account the full array of policies, practices, and financing to accelerate progress toward agreed development goals. Read more...
This article is a 2009 CIPE International Essay Competition second place winner in the category of Entrepreneurship and Leadership.
Renowned as the “Pearl of the Indian Ocean,” the tropical isle of Sri Lanka is perched off the southern coast of India. Though Sri Lanka earns a comparatively low GDP per capita income of U.S.$4,400, its social development has reached a significant level with a high literacy rate (90.7 percent), low HIV/AIDS prevalence (below 0.1 percent), high life expectancy at birth (74.97 years), and a low infant mortality rate (19 deaths per 1,000 live births).Read more...
Article at a glance:
- Sri Lanka suffers from high youth unemployment and the culture of entrepreneurship remains weak.
- Young entrepreneurs face many challenges, including lack of education, training, mentorship, access to finance, and adverse cultural attitudes.
- The way forward is to reinforce an entrepreneurial culture and improve the business climate, mentorship opportunities, access to capital, and support for aspiring young entrepreneurs.
Government with Consent of the Governed: The Importance of Business-Government Dialogue in Economic, Regulatory and Trade Policy
Following the global financial crisis, public officials and private citizens are counting on the business community to act as the engine of job creation, rising incomes, and economic growth and development. In that context, regulators must strike the right balance in their work. This is as true in the implementation of trade agreements as it is in other areas where government regulation and private business intersect.
It is an exaggeration to say that governments should regulate with “the consent of the regulated.” Yet, regulators can only truly succeed in their mission of protecting human health and safety and safeguarding the environment by engaging in a real dialogue with business. Mutual understanding is crucial and there must be some give and take.
How can regulators best engage with the industries they regulate? How can they produce “smart regulations” that protect health and safety without slowing economic development and job creation? These are the key questions that governments and businesses around the world face.Read more...
The first decade of the 21st century began with massive ethics scandals at blue chip corporations such as Enron and Tyco, and ended with a worldwide financial implosion on a scale not seen since the Great Depression. The financial crisis and subsequent economic recession – resulting in part from questionable risks undertaken by large financial firms – has caused many to question the underlying ethical values of business, from shareholder rights to executive compensation. Business ethics and sustainability have become hot button issues at leading business schools around the world and are working their way further into finance and accounting curricula.Read more...
As the communist transition unfolded in Eastern Europe and Eurasia, strong and effective judiciary reform would have created a judiciary system that supported a conducive, market-based business environment. Without private property protection, contracts are not enforced, access to the courts is unequal, and a market economy cannot take root. Yet, in many transition countries judiciary reform has been slow or insufficient. Much attention, instead, has been devoted to the development of laws and regulations.Read more...
- Democratic Governance
- Access to Information
- Combating Corruption
- Business Association Development
- Corporate Governance
- Legal & Regulatory Reform
- Informal Sector & Property Rights
- Corporate Citizenship (CSR)
- South Asia
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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.
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