business Archive

  • OECD Guidelines for Multinational Enterprises. Ministers from OECD and developing economies will today agree new guidelines to promote more responsible business conduct by multinational enterprises, and a second set of guidance to limit the use of conflict minerals. Forty-two countries will commit to new, tougher standards of corporate behaviour in the updated Guidelines for Multinational Enterprises: the 34 OECD countries plus Argentina, Brazil, Egypt, Latvia, Lithuania, Morocco, Peru and Romania. The updated Guidelines include new recommendations on human rights abuse and company responsibility for their supply chains, making them the first inter-governmental agreement in this area. The Guidelines establish that firms should respect human rights in every country in which they operate. Companies should also respect environmental and labour standards, for example, and have appropriate due diligence processes in place to ensure this happens. These include issues such as paying decent wages, combating bribe solicitation and extortion, and the promotion […]

    New OECD Guidelines for Multinational Enterprises

    OECD Guidelines for Multinational Enterprises. Ministers from OECD and developing economies will today agree new guidelines to promote more responsible business conduct by multinational enterprises, and a second set of guidance to limit the use of conflict minerals. Forty-two countries will commit to new, tougher standards of corporate behaviour in the updated Guidelines for Multinational Enterprises: the 34 OECD countries plus Argentina, Brazil, Egypt, Latvia, Lithuania, Morocco, Peru and Romania. The updated Guidelines include new recommendations on human rights abuse and company responsibility for their supply chains, making them the first inter-governmental agreement in this area. The Guidelines establish that firms should respect human rights in every country in which they operate. Companies should also respect environmental and labour standards, for example, and have appropriate due diligence processes in place to ensure this happens. These include issues such as paying decent wages, combating bribe solicitation and extortion, and the promotion […]

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  • With developing countries and other key stakeholders – including NGOs and business – as members, the Task Force will develop clear and effective mechanisms to make progress in the field of tax and development. It will convene in early 2010 as an informal group representative of all stakeholders, to develop clear and effective mechanisms for implementation and avoid duplication. The informal Task Force will begin by mapping out existing international efforts relating to tax and development. http://www.oecd.org/dataoecd/7/36/44493096.pdf

    OECD establishes tax and development task force

    With developing countries and other key stakeholders – including NGOs and business – as members, the Task Force will develop clear and effective mechanisms to make progress in the field of tax and development. It will convene in early 2010 as an informal group representative of all stakeholders, to develop clear and effective mechanisms for implementation and avoid duplication. The informal Task Force will begin by mapping out existing international efforts relating to tax and development. http://www.oecd.org/dataoecd/7/36/44493096.pdf

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  • ADB has begun implementing sweeping new changes to the way it does business to improve the quality and responsiveness of its work. Starting this January, business processes are being streamlined to make them more efficient, to lower transaction costs, and to enable ADB to respond swiftly to client needs. The improvements will help ADB realize the development goals laid out under its long term strategic framework, Strategy 2020, in order to achieve its overarching vision of a region free of poverty. http://www.adb.org/article.asp?id=13133

    ADB Strengthens Business Processes to Boost Quality, Responsiveness of Work

    ADB has begun implementing sweeping new changes to the way it does business to improve the quality and responsiveness of its work. Starting this January, business processes are being streamlined to make them more efficient, to lower transaction costs, and to enable ADB to respond swiftly to client needs. The improvements will help ADB realize the development goals laid out under its long term strategic framework, Strategy 2020, in order to achieve its overarching vision of a region free of poverty. http://www.adb.org/article.asp?id=13133

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  • Karsten Weitzenegger took over the moderation of the Aid & Development Professionals group on XING (https://www.xing.com/net/aiddevprofs/) and invited all subscribers of this Newsletter. This Group a forum for international development professionals working with different organisations to end poverty world-wide. XING is an online networking tool you can use to manage all of your contacts and to find interesting new business contacts. The group has 194 members today, there is a good chance you know someone. Here is an invitation to join the group: http://www.xing.com/group-17892.250b88/4466179

    New XING Group: Aid & Development Professionals

    Karsten Weitzenegger took over the moderation of the Aid & Development Professionals group on XING (https://www.xing.com/net/aiddevprofs/) and invited all subscribers of this Newsletter. This Group a forum for international development professionals working with different organisations to end poverty world-wide. XING is an online networking tool you can use to manage all of your contacts and to find interesting new business contacts. The group has 194 members today, there is a good chance you know someone. Here is an invitation to join the group: http://www.xing.com/group-17892.250b88/4466179

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  • Responsible enterprise, foreign direct investment, and investment promotion http://www.iied.org/pubs/display.php?o=15511IIED Foreign direct investment (FDI) is widely considered to be a key factor in economic development in middle and low income countries. Positively, it can be associated with the introduction of new technologies, job creation, access to new markets and improvements in the competitiveness of host countries. But too often, FDI has been associated with environmental degradation, increased inequality, and lack of integration with the local economy. A number of host country government departments have a role in influencing the overall investment climate. Among them, Investment Promotion Agencies (IPAs) are often players because they are in the front line of targeting investors and marketing the country as a whole. This book brings together a series of papers identifying opportunities for IPAs to attract FDI that is associated with positive contributions to sustainable development and good corporate social responsibility practices. The papers are […]

    New Publications

    Responsible enterprise, foreign direct investment, and investment promotion http://www.iied.org/pubs/display.php?o=15511IIED Foreign direct investment (FDI) is widely considered to be a key factor in economic development in middle and low income countries. Positively, it can be associated with the introduction of new technologies, job creation, access to new markets and improvements in the competitiveness of host countries. But too often, FDI has been associated with environmental degradation, increased inequality, and lack of integration with the local economy. A number of host country government departments have a role in influencing the overall investment climate. Among them, Investment Promotion Agencies (IPAs) are often players because they are in the front line of targeting investors and marketing the country as a whole. This book brings together a series of papers identifying opportunities for IPAs to attract FDI that is associated with positive contributions to sustainable development and good corporate social responsibility practices. The papers are […]

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  • Africa Progress Panel http://www.africaprogresspanel.org The aim of the Africa Progress Panel is to focus world leaders’ attention on making the most of the growing number of opportunities for progress in Africa. It will also comment on the challenges African governments, the G8 and other international partners face in meeting the commitments made towards Africa’s development. AGEG Consultants eG http://www.ageg.de AGEG is a consulting company operating worldwide with over 20 years of experience in international development cooperation. AGEG Consultants eG is a registered cooperative since 1989 and relies on the experience and expertise of its shareholders. AGEG shareholders not only fulfil important corporate functions within the cooperative but are also active as consultants in the field. Their Website was redesigned completely. Individual consultants are invited to register. Business for the Environment B4E http://www.b4esummit.com B4E, the Global Business Summit for the Environment, is the leading international conference focusing on business and the […]

    Websites of the Month June 2008

    Africa Progress Panel http://www.africaprogresspanel.org The aim of the Africa Progress Panel is to focus world leaders’ attention on making the most of the growing number of opportunities for progress in Africa. It will also comment on the challenges African governments, the G8 and other international partners face in meeting the commitments made towards Africa’s development. AGEG Consultants eG http://www.ageg.de AGEG is a consulting company operating worldwide with over 20 years of experience in international development cooperation. AGEG Consultants eG is a registered cooperative since 1989 and relies on the experience and expertise of its shareholders. AGEG shareholders not only fulfil important corporate functions within the cooperative but are also active as consultants in the field. Their Website was redesigned completely. Individual consultants are invited to register. Business for the Environment B4E http://www.b4esummit.com B4E, the Global Business Summit for the Environment, is the leading international conference focusing on business and the […]

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  • A Billion to Gain? http://tinyurl.com/68lmym The reports of ING Microfinance Support systematically chart large global financial institutions’ activities and future plans in microfinance. This third edition in the ‘A Billion to Gain?’ series provides an update of the latest report and serves three main objectives: To update global financial institutions’ activities and future plans regarding microfinance; to discover recent major developments and trends in global financial institutions’ involvement in the microfinance sector; and to reveal the impact of global banks’ involvement in the development of the microfinance sector. An Investigation of the Competitiveness Hypothesis of the Resource Curse http://biblio.iss.nl/opac/uploads/wp/wp455.pdf Institute of Social Studies (ISS), Working Paper no. 455, Author: L. Serino CARIFORUM-EU Economic Partnership Agreement : An Overview http://trade.ec.europa.eu/doclib/docs/2008/april/tradoc_138569.pdf Information paper by DG Trade, European Commission, gives an overview of the content of the agreement, outlining the provisions with respect to various subject areas. CGAP Good Practice Guidelines for Funders […]

    Publications

    A Billion to Gain? http://tinyurl.com/68lmym The reports of ING Microfinance Support systematically chart large global financial institutions’ activities and future plans in microfinance. This third edition in the ‘A Billion to Gain?’ series provides an update of the latest report and serves three main objectives: To update global financial institutions’ activities and future plans regarding microfinance; to discover recent major developments and trends in global financial institutions’ involvement in the microfinance sector; and to reveal the impact of global banks’ involvement in the development of the microfinance sector. An Investigation of the Competitiveness Hypothesis of the Resource Curse http://biblio.iss.nl/opac/uploads/wp/wp455.pdf Institute of Social Studies (ISS), Working Paper no. 455, Author: L. Serino CARIFORUM-EU Economic Partnership Agreement : An Overview http://trade.ec.europa.eu/doclib/docs/2008/april/tradoc_138569.pdf Information paper by DG Trade, European Commission, gives an overview of the content of the agreement, outlining the provisions with respect to various subject areas. CGAP Good Practice Guidelines for Funders […]

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  • >(loband)- http://www.loband.org loband is a service that simplifies web pages, in order to make them download faster over slow Internet connections. The simplified page viewed through loband will contain the same text information as the original. The formatting of the simplified page will be as similar to the original as possible, with colours and images removed. On certain pages you may find that things have moved around to some degree. Association for International Agriculture and Rural Development (AIARD) http://aiard.org The Association for International Agriculture and Rural Development (AIARD) is an association of professionals and practitioners in international development with experience and intellectual and institutional capabilities to articulate and address broad-based as well as more focused development issues in agriculture and rural development. Banking With The Poor Network http://www.bwtp.org The Banking With The Poor Network is a network of some 30 national policy institutions, commercial banks and NGO’s from nine countries […]

    Websites of the Month

    >(loband)- http://www.loband.org loband is a service that simplifies web pages, in order to make them download faster over slow Internet connections. The simplified page viewed through loband will contain the same text information as the original. The formatting of the simplified page will be as similar to the original as possible, with colours and images removed. On certain pages you may find that things have moved around to some degree. Association for International Agriculture and Rural Development (AIARD) http://aiard.org The Association for International Agriculture and Rural Development (AIARD) is an association of professionals and practitioners in international development with experience and intellectual and institutional capabilities to articulate and address broad-based as well as more focused development issues in agriculture and rural development. Banking With The Poor Network http://www.bwtp.org The Banking With The Poor Network is a network of some 30 national policy institutions, commercial banks and NGO’s from nine countries […]

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  • Google.org has also awarded TechnoServe a new multi-year grant of $3 million to expand the organization’s private-sector development efforts. The focus of the strategic partnership is to spur the growth of small- and medium-sized enterprises (SMEs), which are vital to ending the cycle of poverty in developing countries. SMEs create the bulk of new ideas and jobs in most developed economies, but they are scarce in other parts of the world, mainly due to a lack of access to business training and capital. ”Small and medium enterprises are a powerful engine of growth, jobs and opportunities,” says Google.org manager Rachel Payne. ”We have chosen TechnoServe as a strategic partner because of the organization’s long track record of working with entrepreneurial people to give them the tools, training and access to capital that they need to create viable businesses.” http://www.technoserve.org/press_room/googlegrant.aspx TechnoServe has launched a nonprofit channel on YouTube that will feature […]

    Google.org names TechnoServe a Strategic Partner in International Development

    Google.org has also awarded TechnoServe a new multi-year grant of $3 million to expand the organization’s private-sector development efforts. The focus of the strategic partnership is to spur the growth of small- and medium-sized enterprises (SMEs), which are vital to ending the cycle of poverty in developing countries. SMEs create the bulk of new ideas and jobs in most developed economies, but they are scarce in other parts of the world, mainly due to a lack of access to business training and capital. ”Small and medium enterprises are a powerful engine of growth, jobs and opportunities,” says Google.org manager Rachel Payne. ”We have chosen TechnoServe as a strategic partner because of the organization’s long track record of working with entrepreneurial people to give them the tools, training and access to capital that they need to create viable businesses.” http://www.technoserve.org/press_room/googlegrant.aspx TechnoServe has launched a nonprofit channel on YouTube that will feature […]

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  • European Commission Vice President Gunter Verheugen launched Enterprise Europe Network, a new and powerful European support network for enterprises. All major players of the business support community in Europe have united to offer a one-stop service to assist especially small and medium sized enterprises (SMEs) to develop their full potential and innovative capacity. With more than 500 contact points and almost 4,000 experienced staff, Enterprise Europe Network is the largest network in Europe providing expertise and services for business. These are available to companies of all sizes irrespective of whether they are in manufacturing or services, although they are primarily directed at small and medium sized enterprises (SMEs). http://ec.europa.eu/enterprise-europe-network

    EC Vice President Verheugen launches Enterprise Europe Network

    European Commission Vice President Gunter Verheugen launched Enterprise Europe Network, a new and powerful European support network for enterprises. All major players of the business support community in Europe have united to offer a one-stop service to assist especially small and medium sized enterprises (SMEs) to develop their full potential and innovative capacity. With more than 500 contact points and almost 4,000 experienced staff, Enterprise Europe Network is the largest network in Europe providing expertise and services for business. These are available to companies of all sizes irrespective of whether they are in manufacturing or services, although they are primarily directed at small and medium sized enterprises (SMEs). http://ec.europa.eu/enterprise-europe-network

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  • Developing countries face tremendous opportunities for economic growth given economic liberalization worldwide, and rapid advancement and application of information and communications technologies. However, along with the many opportunities global network trade has to offer, firms in developing countries also face strong competitive pressures for greater efficiency and productivity to maintain market share or even survive. A strong business environment based on sound institutions and policies is a necessary basis for enhanced competitiveness of private firms that produce and deliver goods and services. When business environment constraints – inefficiencies and cost disadvantages – can be identified, policy makers have the opportunity to jumpstart economic reform processes that target priority areas along the product/service life cycle known as the value chain. This technical report outlines a pragmatic approach for analyzing value chain performance as the basis for identifying binding constraints to growth and competitiveness. This approach is intended to facilitate formulating a […]

    Moving Toward Competitiveness: A Value-Chain Approach

    Developing countries face tremendous opportunities for economic growth given economic liberalization worldwide, and rapid advancement and application of information and communications technologies. However, along with the many opportunities global network trade has to offer, firms in developing countries also face strong competitive pressures for greater efficiency and productivity to maintain market share or even survive. A strong business environment based on sound institutions and policies is a necessary basis for enhanced competitiveness of private firms that produce and deliver goods and services. When business environment constraints – inefficiencies and cost disadvantages – can be identified, policy makers have the opportunity to jumpstart economic reform processes that target priority areas along the product/service life cycle known as the value chain. This technical report outlines a pragmatic approach for analyzing value chain performance as the basis for identifying binding constraints to growth and competitiveness. This approach is intended to facilitate formulating a […]

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  • You are an owner of a small or medium-sized enterprise or self-employed. You invest 15 minutes of your time. You gain a preventive screening of your business that might save you a lot of time and money in the future! This really is an official EC site. http://ec.europa.eu/enterprise/entrepreneurship/sme2chance/ewt/self_assessment.cfm

    Vaccinate your business against bad times

    You are an owner of a small or medium-sized enterprise or self-employed. You invest 15 minutes of your time. You gain a preventive screening of your business that might save you a lot of time and money in the future! This really is an official EC site. http://ec.europa.eu/enterprise/entrepreneurship/sme2chance/ewt/self_assessment.cfm

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