CIVETS (part 2)

Previously, as a way of exploring the first of my two questions, “What is the role of philanthropy in a democratic society?”, I wondered what philanthropy looks like in the CIVETS, the developing economies recently labeled by a financial analyst at HSBC as ones to watch in the years ahead: Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa.

My family’s from Colombia originally, so I’ll do the C last. That means starting with I, for Indonesia. As I embark on this series, here are some of the questions that will guide me:

  • Basic facts for context: population, size of the economy, principal industries, political system, ethnic and religious makeup. Where would the country fall on the liberal market economy-coordinated market economy spectrum?
  • Democratic status: Freedom House score, Transparency International score, number of political parties, current party in power. Has there been a transition to democracy in the recent past? What kind of regime was there before?
  • State of philanthropy: What is the presence of local NGOs? What is the presence of international NGOs? Are there provisions in the tax law for charitable deductions, or efforts to develop those? Is the level of individual giving? Is there corporate giving? Are there private foundations? Which are the leading funders? Is there research, domestic or international, on the state of philanthropy? What is the role of religion in individual or institutional giving?
  • Philanthropy and politics: How closely are philanthropy and giving regulated? Are there connections between philanthropy and electoral campaigns? Do the political parties have philanthropic arms? Are NGOs an independent political voice? Are foundations an independent political voice? If the country has experienced a democratic transition in the recent past, what was the role of NGOs and/or foundations in that process? Are NGOs or foundations seen as contributing to democratic consolidation?
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5 Responses to “CIVETS (part 2)”

  1. The Blog Briefly Known as "Democratizing Philanthropy?" » Blog Archive » The I in CIVETS (part 1) Says:

    […] up a series on Indonesia, the I in CIVETS, a group of countries tagged by a financial analyst as emerging economic powers. I’m […]

  2. The Blog Briefly Known as "Democratizing Philanthropy?" » Blog Archive » The I in CIVETS (part 2) Says:

    […] […]

  3. The Blog Briefly Known as "Democratizing Philanthropy?" » Blog Archive » The I in CIVETS (part 3) Says:

    […] […]

  4. Hamzza Says:

    Without a doubt foundations sohuld strive to align their asset management with the values and operations of their philanthropic activities; and where possible, invest in socially responsible companies that have proven to generate good R.O.I.HOWEVER, I can see (from a pure investment strategy perspective), why the Gates Foundation might find this difficult to do.With the amount of assets that they must invest, whilst keeping with their investment policies (in terms of % ownership, liquidity, risk exposure etc), I think it may prove difficult if not impossible for the Gates Foundation in particular to align their investments with activities.In short, until the progressive, socially responsible companies become as big and relatively stable – on a market cap basis – as the leaders of the industrials, I can’t see how the largest foundations to do this.This sohuld not discourage “the rest of us” in advocating for this kind of alignment but my above point is one I feel being left out of the conversation on this topic.

  5. CardonaC Says:

    Thanks Hamzza, that’s an interesting point. But I do think a number of foundations are finding a way to adjust their investment portfolios to align more with their missions. But it would certainly be great to get more progressive, socially responsible companies to be big and relatively stable!

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