There is much encouragement these days for governments to improve the enabling environment and particularly the regulatory framework in the hope and expectation this will lead to increased growth in economic activity – and bolster a more vibrant private sector with more investment, greater competitiveness, more wealth generation, additional job creation and more poverty alleviation.
There is encouragement, too, to increase private-public dialogue and private-sector advocacy in the belief this will assist the public sector to improve the enabling environment.
Business membership organizations (BMO) engage in dialogue and advocacy to influence those making public policy. Public-private dialogue is a prerequisite for effective advocacy. It implies regular contact between the public and private sectors to ensure each party understands the other and that neither is taken by surprise when issues arise. Dialogue implies a desire to have a conversation, to understand each other's position, and to reach a consensus.
Business advocacy is simply the process of influencing the development and implementation of public policies that affect the business sector.
The ideal position is public and private working together in a spirit of partnership, recognizing there will not always be a meeting of minds. However, public officials will gain immeasurably from the knowledge and experience that business associations can bring to the table.
This page has been created as a resource to support individuals and Chamber members who are engaged in public-private dialogue and private sector advocacy to engage with the public sector to improve the investment climate.