Addressing Corrosive Capital Flows

Name of the project: Addressing Corrosive Capital Flows

Donor:  Center for International Private Enterprise (CIPE)

Duration: July 11, 2019 – June 30, 2020

Budget: $32,517.89

Partners: The International and Security Affairs Centre – ISAC Fund (Serbia), Centre for Contemporary Politics (European Western Balkans) (Serbia), Centers for Civil Initiatives (Bosnia and Herzegovina) and Center for Democratic Transition (Montenegro)

Description: The objectives of this project are 1) to strengthen the role of private sector-led initiatives that advance local solutions to economic and governance challenges and 2) to improve governance based on liberal democratic and marker-oriented principles and institutions in authoritarian countries and emerging democracies. Project’s case studies in North Macedonia are the Miladinovci-Shtip and Kichevo-Ohrid highway sections, whose constructions is financed by a loan from the Export-Import Bank of China and led by the Chinese company Sinohydro Corporation Ltd. The project activities entail strategic planning, identification and analysis of high-risk foreign capital inflows and governance gaps, roundtables on the policy papers with the private sector, meetings on the policy papers with public officials, and public policy roundtables and other local outreach on the policy papers.

Name of the project: Addressing Corrosive Capital Flows II

Donor: Center for International Private Enterprise (CIPE)

Duration: June 2021 – July 2022

Budget: $48,885

Description: The main objective of the project is to build private sector coalitions to advocate for recommendations to close governance gaps to neutralize the effects of corrosive capital entering the market and to strengthen the role of private sector-led initiatives that advance local solutions to economic and governance challenges.

CIPE and IDSCS will facilitate working group discussions between its local civil society partners, members of the business community and policy-makers. interaction. Based on this established communication, the working group members in cooperation with the IDSCS will draft policy identifying the national business communities’ top priorities to further promote the inclusion of the local companies in European supply chains, close governance gaps related to foreign investment and promote constructive capital.

CIPE and IDSCS will then promote the policy documents widely among its audiences through advocacy campaigns targeting the public officials, the general public and media. The outreach campaigns will serve to increase awareness of the corrosive capital among their target audiences, including the public, and to amplify the issues and recommendations highlighted in the analyses of corrosive capital conducted under the framework of the working group. The outputs of the project will be disseminated at workshops in Germany in 2022 and final conference organized by CIPE which will take place in a capital city in the Western Balkan region.