IVLP Alumni Spotlight: The Financial Phoenix – Bankruptcy and Growth

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Dr. Radovic (second from left) and fellow IVLP participants charge Wall Street

When thinking of bankruptcy, images of personal failures, bad management, or fraud often come to mind. However, some experts argue that bankruptcy should be perceived as a financial rebirth. Economists at the World Bank conclude that “effective bankruptcy laws that allow viable firms to reorganize and unviable ones to liquidate or be sold is a necessary condition for growth.” The U.S. has an extensive code of laws that cover financial death and rebirth for individuals, small businesses, and corporations but many other countries do not. To share how U.S. Bankruptcy law can help businesses grow, the State Department’s International...

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IVLP Alumni Spotlight: Overcoming Fears through Exchange

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Mr. Gotevbe revisited to the U.S. to attend the Global Ties Diplomacy Begins Here Summit in Charlotte, NC

In 2015, Mr. Victor Gotevbe of Nigeria attended the multi-regional IVLP, “American Youth: Inspiring Leadership and Civic Engagement.” At the time, he had been serving as the Administrative and Human Resources Manager at a national newspaper, however his experience inspired him to become much more. “I eventually left the lucrative job in April of 2017 after 17 years with the organization. It was quite emotional but the entrepreneur in me wanted more and basically helped me conquer the fear of the unknown.” Mr. Gotevbe’s American experience had a major impact on his personal growth, such as taking part in...

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