Blog - Center for International Private Enterprise

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How To Beat Corruption? Not Through Nomenklatura!

Andrei Przhezdomsky, a member of the Russian Public Chamber, speaks out on efforts to beat the "corruption curse" in Russia in an interview published in Rossiiskie Vesti (in Russian) -- translation via Johnson's Russia List issue #155. Particularly interesting is his comment on political instabi...

Aid and Governance

The EUObserver.com reports that the European Commission, ahead of the G8 Summit in Russia, has announced plans for a new $3.8 billion aid fund for Africa which will be tied to good governance. It is not the first effort to tie aid to performance. Such is the idea behind the Millennium Challenge...

Women Entrepreneurs in Bosnia

Gayle Tzemach has a nice piece in the International Herald Tribune on women entrepreneurs in Bosnia. A story of Narcisa Kavazovic would sound all too familiar to many in developing/emerging/transitioning/post-conflict economies: A decade ago, Kavazovic said, no banks were willing to help her get...

Failed States: Winners, Losers, and Those in Between

If you haven’t had a chance yet, check out Foreign Policy’s failed states index. Particularly interesting is the link between corruption and instability: This year’s index shows a strong correlation between Transparency International’s perception of corruption scores and a s...

From Potemkin Village to Potemkin Democracy

We have all heard of Potemkin village and its application in the economic and political context. But have you heard of Potemkin democracy? That's how the Russian political system - called sovereign democracy by head of Mr. Putin's administration recently and managed democracy by Mr. Putin hims...

Business Associations: Good for Development or Not?

A fascinating new article is available through CIPE’s Economic Reform Feature Service. William Pyle, takes a critical look at Mancur Olson’s argument that strong business associations threaten economic growth, and provides a study of Russian associations which proves otherwise. Abstr...

What is Democracy? Words of Wisdom from F.A. Hayek

The conception that government should be guided by majority opinion makes sense only if that opinion is independent of government. The ideal of democracy rests on the belief that the view which will direct government emerges from an independent and spontaneous process. It requires, therefore, the ex...

Corporate Social Responsibility: Voluntary or Mandatory?

It seems like regulators in Australia are leaving the issue of social responsibility to markets not to government, by ruling that there is no need for a federal mandate on mandatory CSR reporting. Reporting, of course, is just one of a host of other issues involved in a CSR debate, but its uplift...

Corporate Governance in Family-Owned Firms in Brazil

CIPE's partner the Brazilian Institute of Corporate Governance (IBGC) is studying the 15 most successful corporate governance oriented family-owned firms in Brazil including Weg, an engine manufacturer, Grupo Ultra, a petrochemical company, and Gol, a regional airline. IBGC has been gathering inform...

Corporate Governance and Ethics

Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and CIPE launched a new website -- DFIs for Corporate Governance. The site has a number of important corporate governance resources developed by ADFIAP in partnership with CIPE. One of them is the corporate govern...

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