Legacy of and Future for Black Professionals in Diplomacy

Candies Kotchapaw is the Founder & Executive Director of Developing Young Leaders of Tomorrow, Today (DYLOTT), a black youth-focused leadership incubator organization changing the socio-economic outlook for this marginalized community. In 2021, she participated in an IVLP project on Black Leaders & Voices. She offered the following reflections on her exchange experience. How did your virtual IVLP experience impact you? Were there any particular resources that inspired you, changed your perspective, or sparked new ideas in how to approach your work? The virtual IVLP experience was incredibly valuable in further aligning and clarifying the trajectory of my professional career....

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IVLP Alumni Spotlight: The Financial Phoenix – Bankruptcy and Growth

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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