Reforming the Entrepreneurship Ecosystem in Post-Revolutionary Egypt and Tunisia
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Ongoing upheaval in Egypt and Tunisia since the 2011 revolutions indicates high levels of dissatisfaction with the political order, and expresses a deep desire for a drastic remodeling of the economic system. Well-educated young men and women still find themselves marginalized and excluded from the political and economic order in their countries. Their initial demands for freedom and social justice have hitherto gone unheeded. At the heart of the ongoing political turmoil lies the demand for a sweeping socio-economic reform that may eventually create an economy that offers inclusive-growth, higher levels of productivity and competitiveness, and more job creation. However, unless certain complex and long-term questions are tackled, it is unlikely that political reform will lead to the creation of stable democracies.
Entrepreneurship is one of the most dynamic approaches to socio-economic transformation and development. It is intimately related to private sector development, micro, small, and medium-sized enterprise policies, job creation, innovation, and competitiveness. However, unlike the study of static policy and of regulatory areas or institutions and structures, analyzing the entrepreneurship ecosystem captures a picture in motion. Tackling the question of entrepreneurship links micro-level analysis that touches upon direct barriers to entry and growth with macro-level analysis that attempts to explain the lack of dynamism, low productivity, undercapitalization and the weak prospects of growth of the broadest base of the private sector in the region. Moreover, it may provide a way out of the spiral of failed development in which Egypt and Tunisia have been caught for decades.
This report wishes to answer two questions: Why has private entrepreneurship in Egypt and Tunisia remained that underdeveloped despite decades of economic liberalization and private sector-friendly incentives and reforms? And how can the entrepreneurship ecosystem in the two countries develop to meet the high expectations of the people of having a productive and just socio-economic order?
See the following link to view the feature service article from the two sponsoring institutions: http://www.cipe.org/publications/detail/understanding-entrepreneurship-ecosystem-tunisia-and-egypt
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Center on Democracy, Development, and the Rule of Law and the Center for International Private Enterprise
Safadi-Stanford Initiative convenes Washington policymakers
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On December 6, the Program on Arab Reform and Democracy at the Center on Democracy, Development, and the Rule of Law together with the Safadi Foundation USA inaugurated the Safadi-Stanford Initiative for Policy Innovation (SSIPI) at a conference hosted by the Woodrow Wilson International Center for Scholars in Washington, DC and supported by the Center for International Private Enterprise. This gathering convened an upwards of 100 guests to explore the conference's theme of economic reform and development in the Arab world.
The keynote addresses were delivered by IMF Head Christine Lagarde who commented on the economic landscape in the region and suggested methods to stimulate growth for emerging Arab economics, and Lebanese Finance Minister Mohammad Safadi who stressed the importance of institution building and transparent accountable governance practices for development in the region, particularly in relation to how Arab governments handle international aid.
Safadi Scholar of the Year Katarina Uherova Hasbani presented the findings of a research study she authored on electricity sector reform in Lebanon while in residence at CDDRL this fall. The SSIPI research partnership was initiated to promote policy-relevant research on Lebanon and supported Hasbani's visiting fellowship at Stanford. Hasbani, an energy policy expert, presented her findings to the policy- making community, arguing that reliable and stable electricity supplies are a pre-condition for economic development. Hasbani cautioned that the failing electricity sector in Lebanon threatens the country's progress diverting resources from social development and education.
Deputy Assistant Secretary of State for Near Eastern Affairs Tamara Wittes and Mara Rudman, Assistant Administrator for the bureau for Middle East at USAID, both commented on the development challenges and opportunities that lie in the wake of the Arab Spring. "What is happening in the region is about the people writing their own story," said Wittes. "The United States has to approach this with a sense of humility but we have a role to play because we are a major presence in the region." Rudman added that USAID is reaching out to new audience and partners in Egypt, many of whom are outside Cairo, to engage new actors after the January 25 revolution.
Miriam Allam, an economist with the OECD and Safadi Scholar first runner-up stressed the importance of public consultation and good regulation as best practices for cultivating active and democratic citizenship. Undersecretary of State for Economic, Energy, and Agricultural Affairs Robert D. Hormats, underscored the fact that economic reform must match social and political change in the region to create diverse economies that support growth, investment, and trade.
Inger Anderson, Vice-President for MENA at the World Bank, commented on the funding shortages from European countries that are resulting in decreased investment in the Arab world, when they need it the most. Both Anderson and Lagarde advocated for the reform of government subsidies, according to Lagarde, "governments need sustainable fiscal policies, including better targeted subsidies to help low-income groups."
Lagarde added that a key way forward is encouraging private sector investment to spur job creation but stressed that this requires predictability, a stable legal and tax environment, absence of corruption, and the elimination of regulatory loopholes.
Through this conference and ongoing research, the Safadi-Stanford Initiative for Policy Innovation seeks to offer new approaches and recommendations to advance development and governance practices in the region.
Transcript and video of event:
http://www.wilsoncenter.org/event/the-middle-the-storm-development-and-governance-the-arab-world
Speech by IMF Managing Director Christine Lagarde:
http://www.imf.org/external/np/speeches/2011/120611.htm
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In the Middle of the Storm: Development and Governance in the Arab World
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The Program on Arab Reform and Democracy at Stanford University's Center on Democracy, Development and the Rule of Law, The Safadi Foundation USA, The Center for International Private Enterprise (CIPE),
and the Middle East Program of the Woodrow Wilson Center
invite you to the launch of the
Safadi-Stanford Initiative for Policy Innovation
9:00-9:30 AM
Welcoming Remarks by Michael Van Dusen, Executive Vice President, Woodrow Wilson Center; and His Excellency, Mohammad Safadi, Minister of Finance, Republic of Lebanon
9:30-10:45 AM
PANEL I: Regional Arab Reform
Tamara Wittes, Deputy Assistant Secretary of State for Near Eastern Affairs
Mara Rudman, Assistant Administrator, Bureau for Middle East, USAID
Lina Khatib, Co-Founder, Program on Arab Reform and Democracy, CDDRL, Stanford
Miriam Allam, Safadi Scholar First Runner Up and Economist, OECD
10:45-11:00 AM
Coffee Break
11:00-12:15 PM
PANEL II: Energy Reform and Economic Development in the Arab World
Robert D. Hormats, Undersecretary of State for Economic, Energy, and Agricultural Affairs
Inger Andersen, Vice-President, MENA, The World Bank
John D. Sullivan, Executive Director, Center for International Private Enterprise
Katarina Uherova Hasbani, Safadi Scholar of the Year
12:30-2:00 PM
Keynote lunch with Christine Lagarde, Managing Director, International Monetary Fund introduced by Ambassador Joseph Gildenhorn, Chairman, Woodrow Wilson Center Board of Trustees,and His Excellency Mohammad Safadi, Minister of Finance, Republic of Lebanon introduced by Lara Alameh, Executive Director, Safadi Foundation USA
To watch the live webcast of the conference, please click here.
6th Floor Flom Auditorium
Woodrow Wilson Center, Washington, DC
Conferences
Advancing energy sector reform in Lebanon
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The Program on Arab Reform and Democracy (ARD) at the Center on Democracy, Development, and the Rule of Law, together with the Safadi Foundation USA (SFUSA) and the Center for International Private Enterprise (CIPE) announced the winners of the first annual Safadi-Stanford Initiative for Policy Innovation (SSIPI). The title of Safadi Scholar of the Year has been awarded to Katarina Uherova Hasbani, an energy policy expert at the American University of Science and Technology in Beirut, Lebanon. The title of first runner up has been awarded to Miriam Allam, an economist for the Middle East North Africa Governance Program at the Regulatory Policy Division, Organization for Economic Cooperation and Development (OECD).
SSIPI was established to promote new scholarship and analysis on Lebanon. “SSIPI represents the link between the academic and policy worlds that Stanford's Program on Arab Reform and Democracy aims to nurture,” said Dr. Lina Khatib, who leads the ARD program at CDDRL. "The research by Hasbani and Allam addresses some of the core challenges impacting governance in Lebanon and the rest of the region. Hasbani’s paper on the reform of the electricity sector and Allam’s discussion on public consultation are both strategic areas vital to linking citizens and institution building,” said Lara Alameh, Executive Director of Safadi Foundation USA.
Hasbani will begin her four-week residency at CDDRL with the ARD program on October 1 where she will participate in seminars, engage with leading faculty and benefit from the scholarly resources at Stanford. During that time she will produce a publishable paper based on her research, which will then be presented at a policy conference in Washington, DC on December 6, 2011.
"It is an incredible opportunity to receive the support of SSIPI for my research on consensus-based electricity sector reform as a vital element for Lebanon's future economic and social development," said Hasbani.
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SSIPI partnership launches open call for papers on Lebanon
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The Program on Arab Reform and Democracy at the Center on Democracy, Development, and the Rule of Law (CDDRL) at Stanford University, the Safadi Foundation USA (SFUSA), and the Center on International Private Enterprise (CIPE), announce an open call for papers on behalf of the Safadi-Stanford Initiative for Policy Innovation (SSIPI).
SSIPI seeks policy-focused papers that provide clear and concise recommendations to the Lebanese authorities, the international donor community, and other regional groups. The objective of SSIPI is to promote new analysis on Lebanon. Qualified applicants have the academic freedom to choose a paper topic of their choice within the realm of economic development and entrepreneurship. Papers should include recommendations that address the linkages between economic development and institution building, security and civil peace, and other governance related issues. In addition, papers should reflect a deep understanding of the role of institutions and whether accelerated, more balanced economic growth, social and fiscal reforms, a particular process of economic development or new developing areas of entrepreneurialism, if any, could help in reducing the negative influences posed by confessionalism in the economy.
Abstracts should be submitted according to the guidelines below. Upon review of the abstracts by an independent reviewing committee, a select group of scholars will be chosen to submit their full paper and compete for the title of Safadi scholar of the Year. SSIPI will offer the Safadi Scholar of the Year the opportunity to develop a piece of research at CDDRL, led by Larry Diamond, as well as meet with strategic policy makers in Washington, DC. In addition, the scholar will have the chance to present their research at a policy conference in Washington, DC.
Requirements:
Deadline for one-page abstracts is March 31, 2011. Abstracts should be emailed to SSIPI.2011.Submissions@gmail.com. Please note "Abstract Submission" in subject of email. The selection committee warrants applicants from academia, the public and private sectors, and NGOs, either from Lebanon or abroad, who are working on economic development and entrepreneurship in Lebanon. Qualified candidates should hold a graduate degree from an accredited university. For more info please visit: Safadi-Stanford Initiative for Policy Innovation
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Safadi-Stanford Initiative for Policy Innovation
Purpose of SSIPI