Feature Service Articles
Article at a glance
- The process of globalization and increased rates of urbanization are forcing countries to rethink their approach to economic policy.
- Widespread reluctance to implement comprehensive reforms and burdensome legal and regulatory regimes are impediments to economic growth and entrepreneurship.
- Enterprise Cities, akin to free trade zones, are one possible solution to this problem. These are special jurisdictions with investor-friendly legal and regulatory policies that create the pre-conditions for entrepreneurship and stimulate competition-based growth.
Article at a glance
- Important lessons have emerged from Serbia’s experience transitioning to democracy, including the need to capitalize on the window of opportunity and concentrate political energy to maintain momentum.
- Steps in the economic transition include macroeconomic stabilization, price liberalization, foreign trade liberalization, and privatization.
- Because the transition was only semi-successful, lessons can also be learned from Serbia’s failures in transition.
Dr. Begović was a chief economic adviser to the federal government of the Federal Republic of Yugoslavia for 15 months during 2000-2002. He shares lessons in political economy from Serbia’s experience that are relevant to democratic transitions and economic reform occurring today. This article is based on remarks by Dr. Begović delivered at a CIPE Middle East and North Africa workshop in March 2012.
This Feature Service article is the grand prize winner in the 2012 Global Youth Essay Competition.Read more...
This Feature Service article is based on an interview at the CIPE offices in Washington, DC on February 11, 2013.
Institutions facilitate entrepreneurship
Entrepreneurship is all about combining things from different resources to create wealth, and institutions are crucial to facilitating that combination. What do I mean by “combining things?” Consider Leonard E. Read’s famous example that to build a simple pencil involves numerous countries, countless individuals, and hundreds of different ingredients: from graphite to the Oregon wood which sandwiches it in, to the copper of Chile and the zinc of Peru and the black nickel of South Africa, which hold the eraser close to the pencil itself, to the lacquer that is on the pencil. The wood requires kilning and dyeing. It must be cut and shaped and glued. Or take a look at your watch, which is likely to involve more than 500 parts, also provided by suppliers from all over the world.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
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: email@example.com.
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