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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...
Corporate governance has taken root in development financing institutions in Asia and the Pacific. Th e Asian financial crisis of 1997 was a turning point for countries in the regions, stressing the need not just for corporate reform in the business community, but also the need for reforms in national development financing institutions (DFIs).Read more...
Reviving an economic base is one of the first priorities in the wake of war. Small- and medium-sized enterprises are crucial to resuscitating society and fighting the devastation of poverty that war leaves behind. Increasingly, women are joining men in creating their own ventures. Not only is their work helping to reach the most vulnerable parts of society – women supporting their own households – but their businesses are also contributing to their countries’ progress at an important time.Read more...
Democracy and free enterprise ideas are under attack in Latin America. Despite countless efforts toward reforming economic and political institutions to promote economic freedom, many of these reforms have been perceived as “recipes” imposed by international financial organizations and foreign governments - a costly misperception exacerbated by the top-down approach used to develop public policies that are designed and debated exclusively by technocrats.Read more...
The federal fiscal system in Argentina is in a state of disrepair. Rather than providing equality, transparency, and stability for Argentina’s federal and provincial governments, the system exacerbates the country’s pervasive inequalities, corrupt practices, and instability. One of the reasons for the failures of the fiscal system is lack of civil society participation in the policymaking process.Read more...
Many in the Ukrainian business community believe that the successful resolution of Ukraine’s challenges lies in free and democratic competition, private enterprise development, and property rights. Yet, the business community has rarely united its diverse voices to advocate for policies needed to foster growth and economic freedom. On November 14-15, 2005, CIPE and its partners the Institute for Competitive Society (ICS) and the Ukrainian Center for Independent Political Research (UCIPR) did just this.Read more...
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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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