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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.
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...
Indonesia has gone a long way in liberalizing its economy, but the task is far from complete. Globalization has given the government a strong justification for undertaking market- oriented reforms that can help maintain high and sustainable rates of exports necessary for strong economic growth.
The country’s policy of globalization has been based on pragmatism. It is not grounded on ideological considerations; it is based on an objective assessment of what other countries in East Asia have been able to achieve. In addition, there is a strong element of competition at work among the countries in the region to liberalize in order the make their economies more attractive to global investments. Such competitive liberalization is itself a powerful factor. The universal trend in the 1980s toward economic liberalization, deregulation and privatization may have provided an additional source of inspiration.Read more...
The landmark election of a new government this July demonstrates how far Mexico has come in its political and economic reform efforts. In recent speeches given at the US Chamber of Commerce and at the Center for International Private Enterprise, President Ernesto Zedillo and Finance Minister José Angel Gurría underscore two important points. First is the importance of globalization and free trade to the strength of Mexico’s economy. The second one is how globalization has helped steer Mexico toward a democratic transformation without having to undergo an accompanying economic crisis.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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