Geopolitical 2019

Dirty Money – How Corrosive Capital Undermines Democracy

Thu Jun 27, 2019
6:00 PM - 7:00 PM
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The end of the Cold War, best symbolized by the fall of the Berlin Wall, ushered in a period of global democratic expansion and unprecedented hope. Initially, aid from the West abetted this trend, providing funding to nascent democratic institutions. However, the 21st century has witnessed the reemergence of the historic Western-Russian rivalry. Exacerbating this existing competition, ascendant China now seeks to exert its influence around the globe.
Today, the liberal democratic order created in the aftermath of World War II is challenged by a new model of investment emanating from closed political systems that tie foreign policy goals to economic engagement. Capital flows from authoritarian states take advantage of and weaken the rule of law in many recipient countries while creating a disadvantage for Western firms held to higher standards of compliance. The debate about, and impact of, these trends is being felt on a global scale as issues ranging from trade policy and data accessibility to labor and environmental standards come under question.
Join us as Svetoslav Derderyan addresses the support initially provided to fledgling democracies by the West to build democratic institutions and support the rule of law. Andrew Wilson, executive director of the Center for International Private Enterprise (CIPE), will discuss the more recent emergence and burgeoning of adversarial investment in these vulnerable countries. Both speakers will then join in conversation to explore strategies for moving forward.

This program is generously underwritten by Pat & Larry Stewart

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Event SPEAKER(S)

Andrew Wilson

Andrew Wilson

Executive Director

Center for International Private Enterprise