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- The Women’s Chamber of Industry and Commerce in Sri Lanka (WCIC), established in 1985, is the oldest women’s chamber of commerce in Sri Lanka and the first such organization in the world.
- The impetus for the establishment of WCIC came from a small group of highly educated and successful women entrepreneurs and professionals who came together to form an organization to empower women in Sri Lanka.
- Since its creation, the WCIC has been actively involved in defending the rights of women-owned businesses, advocating policy reforms that foster entrepreneurship, and representing the voice of small and medium-sized enterprises.
One great hope for equitable globalization is that the revolutions in telecommunications and electronic commerce that define the so-called economy may subvert conventional wisdom about the necessary stages of national economic development. The economist Albert Hirschmann and others have propounded a set of necessary stages of growth and consolidation that all emerging economies must pass through in order to reach economic maturity. Now the hope is that some stages may be hurdled more rapidly, or omitted altogether, thanks to e-commerce and the vast potential of the Internet and wireless communications to overcome difficult terrain, scattered commercial centers and aged or absent infrastructure dating from the bygone era of the railroad and the telegraph.Read more...
With the rapid increase of globalization, the success or failure of a country’s transition to a stable democracy and an open economic system takes on greater significance. Nevertheless, many countries have been struggling to make reforms with little or no support from the international community. What the leaders of these countries require is a chance to engage in an open dialogue with each other and with the international community about their countries’ experiences, challenges and needs.
The National Democratic Institute and the government of Yemen created such a chance last June in Sana’a, Yemen, at a forum entitled “Managing the Twin Transitions: Political and Economic Reform in Emerging Democracies.” The forum succeeded in bringing together political leaders—people like President Alpha Oumar Konare of Mali, Prime Minister Abdulkarin Al- Eryani of Yemen and speaker of Georgia’s parliament Zurab Zhvania— as well as more than 160 other decision makers and key actors from the political, economic and society spheres. They were joined by over 50 donor representatives and experts.Read more...
Many Central American businessmen have had to develop innovative strategies to become competitive in the international marketplace as a means of fighting the new—and sometime ferocious—competition resulting from the region’s opening to the world economy. Each business is different and requires individually tailored strategies. However, the strategy responses developed in response to the increasing competition in Central American markets are similar.Read more...
Globalization and the advent of new technologies have dramatically changed the way business, government and society are organized. A key driving force of these changes is a new business model. In an interview with Economic Reform Today, Charles Oman of the Development Center of the Organization for Economic Cooperation and Development (OECD) discusses the features of this new business approach and the implications for developing and developed countries of adopting this model in the context of today’s new economy.Read more...
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The views expressed by authors are their own and do not necessarily represent the views of the Center for International Private Enterprise (CIPE). CIPE grants permission to reprint, translate, and/or publish original articles from its
The views expressed by authors are their own and do not necessarily represent the views of the Center for International Private Enterprise (CIPE). CIPE grants permission to reprint, translate, and/or publish original articles from itsEconomic Reform Feature Service provided that (1) proper attribution is given to the original author and to CIPE and (2) CIPE is notified where the article is placed and a copy is provided to CIPE’s Washington office.
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