Political will to apply this tool, and i think its a very valid and useful tool for toolkit in the United States, and so we have examples for tunisia and egypt that well talk about, so well talk a little bit about the history of what are these things, how they come about, what can we learn from the past, how are some more recent ones operating, and finally, the most important thing is about the future because i think in some ways this was certainly ahead of its time and theres a lot of learning from the past, but i think there are plenty of countries where we ought to be applying this in new additional countries, but also may be in different ways given the fact that the world is changed from 25 years ago. The instrument needs to adapt the time. We have a very experienced group of panelists. Im excited to have all the smart folks on the panel. I wont go into detailed bios for each of them but i will ask my friend whos the executive director of European Cooperative for Rural Development
Not we need to revisit the concept of u. S. Enterprise funds. U. S. Enterprise funds were launched in early 1990s by george h. W. Bush. U. S. Government dollars funded investments in developing countries. It was an idea that was ahead of its time. And there were several dozen of these Enterprise Funds that were launched. Many of them were very successful. Some that had some hiccups. But most were broadly very successful, but you would ask yourself, why hasnt there is any number of Different Countries where you would say we ought to be applying this. Thankfully, in the Obama Administration, there were a number of countries where there was political will to apply this tool, and i think its a very valid and useful tool for our tool kit in the United States. And so we have examples from tunisia and egypt that were going to talk about, as well. So were going to talk a little bit about the history of what are these things, how they come about, what can we learn from the past. How are some of
American Enterprise Fund bowman cutter. They support Economic Development and generating financial returns. This is nearly two hours. Okay. Lets get started. Im dan runde. Were going to have a conversation about whether or not we need to revisit the concept of u. S. Enterprise funds. U. S. Enterprise funds were launched in the early 1990s by george h. B. Bush, were country focussed where u. S. Government dollars funded investments in developing countries. It was an idea that was ahead of its time. And there were several dozen of these Enterprise Funds that were launched. Many of them were very successful. Some that had some hiccups. But most were broadly very successful. But you would ask yourself, well, why hasnt there is any number of Different Countries where you would say we ought to be applying this. Thankfully, in the obama administration, there were a number of countries where there was political will to apply this tool. And i think its a very valid and useful tool for our tool
Okay. Lets get started. Im dan runde. Were going to have a conversation about whether or not we need to revisit the concept of u. S. Enterprise funds. U. S. Enterprise funds were launched in the early 1990s by george h. B. Bush, were country focussed where u. S. Government dollars funded investments in developing countries. It was an idea that was ahead of its time. And there were several dozen of these Enterprise Funds that were launched. Many of them were very successful. Some that had some hiccups. But most were broadly very successful. But you would ask yourself, well, why hasnt there is any number of Different Countries where you would say we ought to be applying this. Thankfully, in the obama administration, there were a number of countries where there was political will to apply this tool. And i think its a very valid and useful tool for our tool kit in the United States. And so we have examples from tunisia and egypt that were going to talk about as well. Were going to talk a l
I want to thank the council for asking me to do this, because it forced me to do some things easy to put off which is reading a book you need to read, and i enjoyed reading sebastians book. In journalism, editors sometimes refer to this story is as dbi, dole that important. In the papers the world bank is right up there in the top five dbi topics. Whats sebastian has done is discovered there there is a wol character at the center of the world bank and made it quite easy to read the books. I recommend it to all of you and its not just because i happened to be sitting here. Sebastian has been a columnist since 1999 and spent 13 years on the staff of the economist in zimbabwe and london, japan and in washington. He was trained in oxford where he obviously learned a lot, but he writes in the back of the book that he also prepared for this assignment after college by working for two months as a Truck Drivers assistant in chile after which he wrote through peru, ecuador, bolivia and brazil a