Council on Emerging Market Enterprises

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Council on Emerging Market Enterprises (CEME)
Council on Emerging Market Enterprises (CEME) logo.png
Formation 2007
Type Educational organization and think tank
Purpose Study and application of best practices in emerging market enterprises
Headquarters Medford, Massachusetts
Executive Director
 Bhaskar Chakravorti
Parent organization
 Institute for Business in the Global Context (IBGC), The Fletcher School of Law and Diplomacy
Website http://fletcher.tufts.edu/CEME
Formerly called
 Center for Emerging Market Enterprises (2007-2013)

The Council on Emerging Market Enterprises (CEME) (formerly known as Center for Emerging Market Enterprises) is a think tank and educational organization founded in 2007 by The Fletcher School of Law and Diplomacy, Tufts University.[1][2][3][4]

CEME's founding purpose is the study and application of best practices in emerging market enterprises through research, conferences, and visits from senior business executives. It is part of the Institute for Business in the Global Context (IBGC).[1][5]

History

Establishment

CEME was founded in 2007 concurrently with the creation of the Master of International Business (MIB) program, at the Fletcher School of Law and Diplomacy,[6] as part of the school's strategy of expanding its scope of international relations to strengthen its study of business and economics.

The at-the-time Dean Stephen W. Bosworth stated that CEME would be central to the new program and would help establish more connections with practitioners in the private and public sectors.[1][7] At its inception Thomas Schmidheiny donated two million dollars, stating that it wanted to support its "unique approach in understanding the social and cultural issues of other countries".[1]

In December 2013 CEME changed its full form name to Council on Emerging Market Enterprises.[2][8]

Directors

CEME's first executive director was Charles Bralver. Bralver, an alumnus of the school, and co-founder and former executive director of Mercer Oliver Wyman, became the director of the International Business Center (later renamed IBGC), the umbrella organization for the MIB program and CEME, of which he was concurrently also appointed director.[6]

In 2011 Bhaskar Chakravorti succeeded Bralver in all three appointments. Chakravorti is a former partner of McKinsey & Company, and held research and teaching positions at MIT and Harvard University. Chakravorti is also a professor at the Fletcher School.[9][10]

Activities and areas of study

Research

CEME is composed of senior fellows that perform research on emerging and frontier market issues. The council divides this goal within four areas: Inclusive Growth, Sovereign Wealth and Global Capital, Innovation and Change, Country Management and Doing Business in BRICs.[2]

CEME established in 2011 the Sovereign Wealth Fund Initiative, in partnership with the financial services company State Street Corporation. and the law firm K&L Gates LLP. It was founded to provide strategic analysis and quantitative research focused on public policy issues and investment challenges facing sovereign wealth funds, institutional investors, central banks, governments and international organizations.[11] It also aimed at providing executive education on topics such as direct-investment transparency, national investment restrictions and the impact of tax policy.[12] The Sovereign Wealth Fund Initiative subsequently changed its name to The Fletcher Network for Sovereign Wealth and Global Capital, or SovereignNET in its short form.[13]

Guest lectures and conferences

CEME also organizes speaker series by guests lecturers from both the academic and professional spheres. Past lectures include "Challenges to Corporate Governance from Operating in Multiple Jurisdictions" by the Korkmaz Ilkorur (chairman of Bati Insurance Company), "How Flat is the World? A Look at China and India's Competitive Advantage" by Thomas Hout (associate professor at the University of Hong Kong School of Business, and at Fletcher School), and "Responsible Investing 3.0: Understanding the Environmental, Social, and Governance Context of Emerging Markets" by Jacob Park (associate professor of Business Strategy & Sustainability at Green Mountain College).[1][5][14][15][16]

In 2009, in partnership with the Bretton Woods Committee, CEME held a conference entitled "Strengthening Capital Markets in Emerging Market Countries"[17] In 2011 CEME held the "Strategy, Operations, and Leadership for Emerging & Frontier Economies Conference" and "Killing Cash - Pros and Cons of Mobile Money for the World's Poor, A Look at Both Sides of the Coin".[18][19]

Selected works

Monographs

Books

References

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External links

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