Recommendations from the World Economic Forum Global Agenda Council on Fragile States
The citizens of fragile states are not waiting for change; they now take to the streets demanding inclusion in decision-making and marketplace opportunities. They need new models for creating accountable institutions, market-friendly environments and systems for social justice, security and prosperity. How can the private sector engage so as to create value for citizens, to implement accountable and fair practices, and drive employment and GDP growth? How can the public sector find models that support the evolution of citizen-oriented, accountable institutions that set the ground for private sector engagement?
This paper recommends that business councils of investors and corporations active in key sectors of fragile states have a central role in supporting good governance, economic growth and job creation. It then sets out various ways that the private sector can further these objectives.