The Center for International Private Enterprise (CIPE) partners with a network of leading think tanks in Argentina, Brazil, and Mexico to improve the management of state-owned enterprises (SOEs) in Latin America to mitigate corruption risks. At the heart of this initiative, which has been in place since 2016, lies the fact that Latin American SOEs tend to lack good corporate governance practices, leaving them vulnerable to be influenced by government actors instead of functioning the way competitive companies do. SOEs play a pivotal role in Latin American economies and establishing good governance practices in these companies is fundamental to fortifying good governance principles in the region.
Corrupt politicians have used SOEs to extract resources for both political gains and personal enrichment. This distorts the development of competitive markets, limits the development of the private sector, and adversely affects civil society. CIPE’s partner organizations work individually to address country-specific challenges to good governance while collaborating to support regional and global efforts to address systemic corruption in SOEs.
At the end of 2020, CIPE sat down with members from the three partner think tanks in Latin America, Centro de Implementación de Políticas Públicas para la Equidad y el Crecimiento (CIPPEC) in Argentina, Instituto Brasileiro de Governança Corporativa (IBGC) in Brazil, and México Evalúa.
The interviews were recently published as a three-part series on CIPE’s Business of Integrity Blog. Follow the links to learn more about CIPE’s work in Argentina, in Brazil, and in Mexico, and to learn how this network of partners has worked together to combat corruption by improving transparency, integrity and governance in SOEs throughout the region.