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Worse Than a Pirated Polo Shirt

As reported in an IHT article in The New York Times online, the Bank of China has raised $9.7 billion dollars as it prepares to go public on the Hong Kong stock market next Thursday, making it the world's largest initial public offering of the last six years.  The piece is a good one to check out i...

CIPE in Pakistan After Four Months

The launch ceremony of CIPE Pakistan was held on 19 January 2006 in which was attended by about 300 business leaders, high ranking government officials, and media representatives. Minister of Commerce was the chief guest. He extended his full support to CIPE activities in Pakistan. CIPE Washington o...

Public Private Dialogue: From Ideas to Action

Earlier this year, the World Bank, IFC, OECD Development Centre, and DFID held a workshop on public private dialogue (PPD).  The workshop report is now available here. One of the outcomes of the workshop has been the drafting of the "Charter of Good Practice in using Public Private Dialogue for Pr...

Who Needs Corporate Governance Anyway?

Yesterday’s Moscow Times article (first few days free, members only thereafter) looks at corporate governance practices in Russian companies.  Referencing a recent study of CIPE partner Russian Institute of Directors (RID) the story highlights the fact that in many Russian companies corporate...

Democracy Has Spoken! Or Not Yet?

Earlier, I wrote about efforts in Nigeria to change the constitution to allow the president run for a third consecutive term.  Well, today, the Nigerian Senate blocked the proposal, and it seems like the country is set for a first peaceful change of governments: Obasanjo’s supporters did not...

High Informality=Economic Stagnation

Last week’s MSNBC story on high levels of informality and economic stagnation is an interesting one: What do Japan, Singapore, South Korea, and Taiwan have in common? Obviously, they are Asian nations that joined the ranks of the wealthy during the second half of the 20th century. But a less well-...

Income Disparities

Moises Naim takes a closer look at inequality anxieties in his latest FP piece.  The major point? In truth, in some places inequality has become far worse, and in other places the changes are fairly minor. But what is most clear is that whereas the statistics about inequality do not show major vari...

Emergency Law in Egypt

President Mubarak's election platform included promises to revoke laws restricting press freedom and judicial independence and to abrogate the 25-year-old state of emergency. Eight months after his re-election, however, municipal elections have been postponed for two years and the government is inv...

Crackdown in Egypt?

Six journalists have been arrested in Cairo in what appears to be a sign that the Mubarak regime is preparing to crackdown on dissent in Egypt after a certain level of tolerance over the last couple of years. The arrests come on the heels of a vote by the Egyptian Parliament for a two-year extension...

Doing Business In Latin America

Check out the new Latin Business Index published by the Latin Business Chronicle.  The results are intriguing. If there is one country that embodies the ideal business climate, it is Chile. The country managed to top all but one of the five main categories. It came ahead of Mexico in macro environ...
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