Feature Service Article

Innovation Youth Essay Winners

Todor Raykov, Natalia Korchagina, Jones Cecil Ntaukira, Social Transformations: The Role of Entrepreneurs in Building Democratic Societies by Todor Raykov Article at a glance Read more…

Policymakers and Grassroots Networks Find They Need Each Other for Smarter Ecosystems

Jonathan Ortmans, For a few years now, a global gathering of startup champions, investors and entrepreneurs called the Global Entrepreneurship Congress (GEC) has explored approaches to strengthening entrepreneurship around the world. Read more…

Inclusive Growth Youth Essay Winners

Obed Ankrah, Anna Grishkina, Ngutor Saaka, These three articles were the first, second, and third place winners in the Inclusive Growth category of CIPE's 2012 Youth Essay Contest. Promoting Inclusive Growth: the Entrepreneurial Environment for scaling up business in Ghana by Obed Ankrah Read more…

Approaches to Collective Action: How Businesses Together Can Lead the Fight Against Corruption

John Morrell, Kim Eric Bettcher, Article at a glance When private businesses are interested in reducing corruption, they can be mobilized to take concrete steps against it. This article introduces available tools for collective action – a strategic approach to mobilizing the business community in order to fight corruption. At its core, corruption is an institutional problem, and the institutional framework that sustains corruption must be changed. A key goal of collective action is to reduce the incentives and opportunities for corruption. Collective action is a coordinated, sustained process of cooperation among private firms and other stakeholders. In the fight against corruption, a coalition of companies united by a set of principles and standards can have a far greater aggregate impact. Read more…

Social Transformations Youth Essay Winners

Prince Karakire Guma, Surath Giri, Nivya Murthi, These three articles were the first, second, and third place winners in the Social Transformations category of CIPE's 2012 Youth Essay Contest. Fostering Democracy in Uganda: The Unexplored Contributions of Young Entrepreneurs by Prince Karakire Guma Read more…

Impact of Business Environment Reforms on New Firm Creation

Leora Klapper, Douglas Randall, Introduction Read more…

How Democracy Influences Growth

Boris Begović, This article is based on remarks by Dr. Begović delivered to the Free Enterprise & Democracy Network in Lima, Peru, on October 18, 2012. Article at a glance Democracy results in higher rates of economic growth over the long term because democracies have more stable and predictable institutions and tend to implement policies that are conducive to private enterprise. Since they are accountable to the public rather than to elites, democracies produce more public goods, invest more in human capital, maintain the rule of law, and protect private property rights. Though democracies are more likely to engage in large-scale redistribution than autocracies are, the dampening effect of redistribution is offset by the fact that democracies have lower barriers to entry, promoting competition, and innovation. Read more…

Closing the Implementation Gap

Maiko Nakagaki, This article is adapted from Improving Public Governance: Closing the Implementation Gap Between Law and Practice, published by the Center for International Private Enterprise and Global Integrity in October 2012. Article at a glance Implementation gap is defined as the difference between laws on books and how they function in practice. This is particularly visible at the local level, where poor governance and weak administration of laws have the greatest impact on the lives of daily citizens. The cause of implementation gap is a combination of political, economic, and social and cultural factors, as well as misaligned stakeholder incentives. Overcoming implementation gap requires a two-pronged approach that focuses on improving the quality of laws and making sure that they correspond to real needs and concerns of the affected constituents. The three main stakeholders – the government, the private sector, and the civil society – must work together to address the challenges. Read more…

The Serbian Experience in Transition

Boris Begović, Article at a glance Important lessons have emerged from Serbia’s experience transitioning to democracy, including the need to capitalize on the window of opportunity and concentrate political energy to maintain momentum. Steps in the economic transition include macroeconomic stabilization, price liberalization, foreign trade liberalization, and privatization. Because the transition was only semi-successful, lessons can also be learned from Serbia’s failures in transition. Read more…

Entrepreneurship in India: The Evolution of the Pedestrian Pariah

Chandrima Padmanabhan, This Feature Service article is the grand prize winner in the 2012 Global Youth Essay Competition. Article at a glance Entrepreneurship is crucial to promoting a healthy and competitive business environment as well as strong democratic governance. In India, successful entrepreneurs that defy the entrenched caste system and gender biases serve as important role models for aspiring youth. Private businesses provide a way for citizens to lower prices, increase competition, and strengthen market institutions. Read more…

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