Emerging market businesses that lack formal compliance processes suffer twice: first from inefficiency and then from losing out on beneficial partnerships. While companies in emerging markets are becoming formal businesses in increasing numbers, there is still a sizable gap between getting a license and paying taxes (the minimum definition of “formal”) and following the internal… Read More

  As Indonesia celebrates 75 years of independence, local businesses are rallying behind the newly launched Private Sector Collective Action Coalition Against Corruption (CAC Indonesia) to combat corporate bribery. With 25 founding member companies, the new coalition launched in August, the same month as the national holiday. Though the CAC formally began operations in August,… Read More

  To the casual observer, a small wave-shaped logo printed on the products and packaging of local businesses should make no difference to buyer loyalty. Yet the story of Lithuania’s Clear Wave Initiative suggests that it does. In 2017, close to 40 percent of Lithuanians stated that they could recognize the “White Wave” logo. The… Read More

The coronavirus pandemic is a complex, multifaceted crisis. In addition to the devastating human toll, the pandemic has quickly put many businesses at risk of permanent closure. As government stimulus funding around the world has shored up the balance sheets of large and well-connected businesses, micro-, small- and medium-sized enterprises (MSMEs) have remained especially vulnerable…. Read More

“It’s incredibly difficult to be an honest entrepreneur in this country. People in government agencies expect you to pay them a bribe to do what they are paid to do, otherwise they sabotage you. These things make me wonder if Ghana can really work.” This statement, posted on Facebook recently by a young entrepreneur in… Read More

Photo Credit: OECD By Louisa Tomar, Program Officer with CIPE’s Global Team It goes without saying that cutting-edge technologies are transforming the way multi-national companies and government agencies provide goods and services. At the same time, much of the developing world continues to rely on relatively low-tech solutions to tackle complex problems like poor service… Read More

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