Perspectives on the Fourth Sector and Commercial Diplomacy

This blog post was contributed by Amanda Kabonero, Carlos M. Gutierrez Corporate Diplomacy Fellow.  As leaders around the world scramble in the search for solutions to save a declining global economy amid the COVID-19 pandemic, governments have an opportunity to choose how they will emerge from this crisis. The world we left behind in 2019 was already beginning to move towards a more inclusive and more purposeful engagement with capitalism, which considered both people and the planet as equal partners. The pandemic has only amplified this movement and underscored its necessity. We cannot just build back the global economy. We must build back a better economy.   Global collaboration is the engine of future economic growth. Leaders in business, government and civil society must deviate from the status quo, breaking down silos and sharing best practices to design a future global economy...

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Why Commercial Diplomacy Is Important

Washington, D.C. seems like the center of the universe right now. The U.S. Government is going through a transformation in its norms and practices. While much of this can be attributed to President Trump’s unique management style, this is also part of a broader strategy to re-think America’s leadership on the world stage. There are numerous examples of the ‘America First’ policy shaping both the domestic and international arenas, however, the one constant in Washington’s ever-changing landscape is the leadership of the business community. Commercial Diplomacy has become more important than ever. As business interests in foreign markets continue,...

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