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Where Piracy Pays Off

It is no secret that Russia is one of the world's largest markets for counterfeit goods. However, the country can hardly be proud of being one of the world's leaders in this category - it is one of the major barriers to joining the World Trade Organization (WTO). Piracy costs Russian and foreign f...

Signs of Change in Congo

This weekend citizens of the Democratic Republic of Congo voted in a national referendum on a new constitution. According to the reports, the constitution will set up elections of the president in 2006 (first in decades), limit the number of terms the president can serve, and will decentralize po...

Ethical Standards Matter

There is an interesting article on BBC News that talks about issues of underemployment, informal sector, and corruption in Brazil. Words of Kroll Brasil (Brazilian risk consulting company) managing director Eduardo de Freitas Gomide are particularly interesting: “The companies that pay bribes ...

Reorganizing U.S. Foreign Aid

The Financial Times (London) reported on December 12, 2005, that the Bush administration is planning to implement one of the most sweeping changes to the US foreign aid apparatus in the last 40 years. As part of this reform, the U.S. Agency for International Development (USAID) could become a branch...

Corporate Governance and Anti-Corruption

Last week, CIPE’s partner Indonesia Business Links held a workshop in Banda Aceh. The workshop – “Anti-Corruption and Corporate Governance” – is the first in a series of 24 the organization will host in different Indonesian cities throughout the next year to promote goo...

Cutting the Pie

Lebanon is re-learning the lesson that street protests alone do not create democracies and put countries on the path of economic growth – real reforms do. There are conflicting messages coming out of the country following the “Cedar Revolution” – on the one hand, there is a s...

International Anti-Corruption Day 2005

On Friday, December 9, the world celebrated International Anti-Corruption Day. Transparency International Poll released on Friday showed widespread public alarm about corruption. Said Huguette Labelle, Chair of Transparency International: "Today's survey shows that people believe corruption is deepl...

Putting an End to Corruption in Mozambique

The Mozambican government is taking a stand against corruption – and it seems that its moving in the right direction, at least according to the strategy document it released yesterday. The strategy recognizes that low wages of government officials are not the source of corruption, rather it is the...

Better Governance and Increased Competitiveness

Do boards of directors have a much more important role to play in developing economies than they do in developed ones? “Yes!” says a new article by McKinsey Quarterly (subscription only). The reason is straightforward – weak institutions. In developing economies, external instituti...

Four Years of Transition in Serbia

In October, the Serbian Center for Liberal Democratic Studies (CLDS) published a new report, which captures lessons learned from the last four years of reform in the country. Following the fall of the Milosevic regime, Serbia embarked on a comprehensive institutional restructuring program to restore...
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