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- An increasing number of policy and governance challenges such as inclusive growth, poverty reduction, government accountability, business integrity, and innovation demand private sector participation in order to generate viable solutions.
- Public-private dialogue (PPD) provides a structured, participatory, and inclusive approach to policymaking directed at reforming governance and the business climate, especially where other policy institutions are underperforming. Governments that listen to the private sector are more likely to design credible reforms and win support for their policies.
- Dialogue platforms have proven their ability to deliver results. Practitioners around the world can learn from and apply successful PPD approaches through a new community of practice online hub, www.publicprivatedialogue.org.
Given financial scandals and the resulting new mandates on business, firms find themselves pressed to develop strong codes of ethics to guide the behavior of board members, managers, and employees. Although the concern with ethics has always been a part of doing business, business leaders today are beginning to think about ethics as a set of principles and guides of behavior rather than a set of rigid rules. In this sense, business ethics is not only an attempt to set a standard by which all of the employees of a firm can know what is expected, but it is also an attempt to encourage employees, managers, and board members to think about and make decisions through the prism of a shared set of values.
Future debates will center on the relative roles of the triangle of business, government, and NGOs in establishing these standards, as they find a way to meet high ethical standards and, at the same time, ensure that the reputational and collateral risks assumed by corporations do not inhibit the further development of the emerging markets.
Association Management Companies (AMCs) have been in business for a long time. While there were only about 40 AMCs in the U.S. in the 1970s, the number has increased to an estimated 525 in the U.S. today and another 20- 25 in Europe. More importantly, an unknown number of AMCs are based throughout the rest of the world. The basic function of an AMC is to serve as the headquarters for two or more associations. In developing countries, AMCs can bring the history and knowledge of the U.S. association management experience to entrepreneurs who are willing to create a business that provides the resources and expertise to service professional organizations in their countries.Read more...
It has been almost 20 years since the Philippines overthrew a dictatorship and reestablished democracy. The first few years of that transition were understandably painful. But after a promising first decade, the country has been lurching from one crisis to another. Arguably, the reasons for the seemingly unending crisis have been largely homegrown – they revolve around political will. In other words, they have been mainly about public governance at the national level.
Recognizing the problems democracy in the Philippines was facing, the Institute for Solidarity in Asia (ISA) designed and implemented a program that brings together public officials and civil society groups to improve governance mechanisms on the local level. City mayors participating in the program work with civil society groups to identify priorities, design solutions, and implement concrete programs to improve the economic and social standing of their cities. In the process, they also improve political institutions by strengthening participatory mechanisms. The program has been a success and continues to expand into an increasing number of cities throughout the country.Read more...
Governance has become a buzzword in the development community, yet many continue to lack a clear understanding of the principle. In its essence, governance is an all-encompassing system that includes not only economic management, administrative procedures, and political factors, but is also subject to the influence of cultural and even religious factors.
Research and anecdotal evidence reveal that the Middle East and North Africa (MENA) region is on the weak side with regard to institutional and regulatory frameworks and good governance practices. This clearly has had a negative impact on the region’s ability to better mobilize available resources and solidify sustainable development, an issue of crucial importance in light of the demographic pressures and the need to create employment opportunities for the millions of entrants to the labor market every year. The institutional and regulatory frameworks in the region are generally polarized between excessive regulation and red tape, on one side, and vague and inadequate rules and regulations on the other. The consequence of this is particularly harmful to the poor segments of the society.Read more...
At the recent IV Summit of the Americas, 34 Heads of State and Government of the Americas gathered in Argentina to find solutions for some of the region’s most pressing challenges – to fight poverty and improve democratic governance. No one takes the challenges of job creation, competitiveness, and poverty reduction more seriously than the hemisphere’s business community. However, in order for the private sector to create the jobs necessary to developing the economy, the government must step in and implement certain policy reforms. Economic growth will not occur without free labor markets, reduced barriers to entrepreneurship, and open trade policies.
Business must work with governments to identify steps they can take, individually or jointly, to facilitate job creation, combat poverty, and enhance competitiveness — and this work must begin today. It is only through smart government reforms that the nations of the Americas will experience the low unemployment levels, falling poverty rates, and income gains that they have been working toward for years.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
- Middle East & North Africa
- Latin America & the Caribbean
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