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1. How Business Can Foster Peace

Author:
Raymond Gilpin, John Forrer, and Timothy L. Fort
Publication Date:
09-2012
Content Type:
Working Paper
Institution:
United States Institute of Peace
Abstract:
The business sector can promote prosperity and stability in conflict-prone and conflict affected regions through good corporate citizenship, but operating in these high-risk, high-reward environments is fraught with great difficulty. Many firms develop risk mitigation strategies designed to minimize exposure and cost without accounting for costs to the country, its population, and the environment. Poor risk management strategies combine with endemic corruption and myriad market failures and distortions resulting from weak economic governance to reinforce aspects of the political economy that could trigger and sustain violent conflict. Effectively addressing these failings could reduce business costs, increase efficiency, and improve governance and livelihoods in fragile regions. U.S. government policy documents, such as the Quadrennial Defense Review, Quadrennial Diplomacy and Defense Review, and National Security Strategy, allude to a potential role for firms in furthering stability and promoting peace but do not clearly analyze the complexities such endeavors entail or identify workable solutions. Strategies to capitalize on the immense potential of the business sector to foster peace must account for the size of firms, whether they are state or privately owned, which industries they are involved in, and their interconnectedness within supply chains. Key components of effective strategies include crafting incentives to reward investing firms that espouse good corporate citizenship, strengthening international initiatives that promote transparency and contain corruption, developing initiatives to more fully incorporate the local economy into global value chains, and introducing mechanisms to forge global consensus on appropriate conflict-sensitive business practices.
Topic:
Conflict Resolution, Political Violence, Development, Poverty, War, and Fragile/Failed State
Political Geography:
United States

2. Can Economic Reform Open a Peaceful Path to Ending Burma's Isolation? (Burmese edition)

Author:
Raymond Gilpin and Lex Rieffel
Publication Date:
07-2010
Content Type:
Policy Brief
Institution:
United States Institute of Peace
Abstract:
After decades of domestic conflict, military rule and authoritarian governance, Burma's economy could provide a viable entry point for effective international assistance to promote peace. Doing so would require a detailed understanding of the country's complex and evolving political economy.
Topic:
Development, Political Economy, and Foreign Direct Investment
Political Geography:
Asia

3. Conflict-Business Dynamics in the Democratic Republic of Congo

Author:
Raymond Gilpin and Richard Downie
Publication Date:
11-2009
Content Type:
Working Paper
Institution:
United States Institute of Peace
Abstract:
Democratic Republic of Congo (DRC) has enormous economic potential thanks to its rich mineral deposits and vast tracts of arable land. Historically, these resources have been exploited by predatory leaders and a host of subregional actors. The time is now ripe for the DRC to put years of war and economic underdevelopment behind it. The business community has an important part to play in promoting sustainable peace in the DRC. Business communities in Bukavu and Lubumbashi have managed to remain profitable in the very trying years following the signing of the 1999 Lusaka peace accord by showing great resilience and versatility, primarily outside formal channels. Congolese businesses face serious obstacles, including poor infrastructure, high taxes, extortion, and market distortions. However, respondents expressed relatively little concern about insecurity and violence, suggesting that these costs have been internalized or that other obstacles impose much greater costs. DRC businesses neither want nor expect handouts. Respondents would prefer assistance in removing barriers to trade, improving infrastructure, and reducing corruption. Respondents are broadly optimistic about the future and their economic prospects, and have a strong sense of being stakeholders in shaping society. This bodes well for the future of the DRC, provided public policy can harness this energy and not impede it.
Topic:
Conflict Resolution, Development, Economics, and War
Political Geography:
Africa and Democratic Republic of the Congo

4. Tourism in the Developing World

Author:
Raymond Gilpin and Martha Honey
Publication Date:
10-2009
Content Type:
Working Paper
Institution:
United States Institute of Peace
Abstract:
Although often underestimated, the tourism industry can help promote peace and stability in developing countries by providing jobs, generating income, diversifying the economy, protecting the environment, and promoting cross-cultural awareness. Tourism is the fourth-largest industry in the global economy.
Topic:
Climate Change, Development, Globalization, and Third World
Political Geography:
India and Nigeria

5. Is Liberia's Governance and Economic Management Assistance Program a "Necessary Intrusion?"

Author:
Raymond Gilpin and Emily Hsu
Publication Date:
05-2008
Content Type:
Policy Brief
Institution:
United States Institute of Peace
Abstract:
Improving economic management after almost two decades of violent conflict and civil unrest has been a top priority of Liberian President Ellen Johnson Sirleaf's reform agenda since her January 2006 inauguration. In April 2008, her administration could point to appreciable improvements in fiscal performance and economic progress, signs that the desired enhancements in economic management may have started to materialize. Many observers speculate whether these developments could be attributed to the country's multi-stakeholder Governance and Economic Management Assistance Program (GEMAP). If so, what lessons could be learned for other post-conflict countries? At an April 9, 2008 USIP event on the subject, the Liberian Finance Minister, the Honorable Antoinette Sayeh, reflected on GEMAP's impact, highlighted some challenges and discussed its applicability as a model for other countries. While recognizing the program's contributions, she emphasized that it is only one component of a much broader framework of reforms initiated since 2006. Sayeh also underscored the vital leadership role that President Sirleaf has played in the design and implementation of Liberia's public expenditure reform program.
Topic:
Development and Government
Political Geography:
Africa and Liberia