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Promoting Rule of Law and Good Governance in LAC: A More Proactive Role for the Private Sector
This post is also available in: Español
Cover Photo: Omarsan / Flickr / CC BY-NC-ND 2.0
On August 5, 2024, the Inter-American Dialogue's Rule of Law Program published a policy brief that outlines an agenda to engage private sector leaders from across the Americas in initiatives to strengthen rule of law and democratic governance. Private sector actors for decades have faced systemic and operational challenges linked to weak rule of law and lack of legal certainty. This has complicated decisions by both local and international firms on investments and on day-to-day operations.
In May 2024, the Rule of Law Program established a High-Level Task Force on Rule of Law and Good Governance, composed of 22 members that include representatives from the private sector and former government officials from 12 countries in the Americas. The Task Force is co-chaired by former Costa Rica President Laura Chinchilla and the Dialogue's President and CEO Rebecca Bill Chavez, Ph.D.
The policy brief, based on consultations with a broad range of private sector stakeholders from across the Americas, puts forward a framework for a more proactive private sector and areas for concrete action-oriented initiatives, including the promotion of:
- Firm-level anti-corruption compliance.
- Judicial independence and transparency.
- Regulation of money in politics.
- Public ethics and anti-corruption in state modernization and in citizenship education.
- An understanding of the real costs of insecurity and corruption.
DOWNLOAD THE POLICY BRIEF HERE:
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- Time to Engage: Mobilizing the Private Sector for Health Emergencies Response and Recovery in the Americas
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