It makes moral and business sense for CIMA to help lead the education drive in developing nations.

AuthorGrant, Gordon
PositionIn business

As the impact of the credit crunch reverberates around the world, there is a new urgency for companies in both developed and developing economies to demonstrate their accountability and effectiveness. The pressure is on business professionals to maintain confidence in their own enterprises and show how they contribute to the wider economy.

This is an opportune time, therefore, to promote the value of our particular skills and professionalism with renewed vigour. It's a time to show how we underpin stability and proper corporate governance, and to play our part in helping the poorer economies of the world.

CIMA is recognised for its world-class expertise in developing the financial and management skills needed to operate with confidence and integrity in the global market. This extends beyond the successful organisations of the western world and to those emerging economies that are developing their own powerful businesses and seeking significant inward investment. For example, the institute is working with the World Bank to strengthen the capabilities of Bangladesh's main accountancy body. It goes without saying that one requirement of investment in an emerging economy such as Bangladesh's is the belief that its workforce possesses the level of financial and management skills necessary to deliver international standards of governance and value creation. This project is providing a model for other World Bank projects with CIMA in the developing world.

Governments and employers across Asia, central and eastern Europe, southern Africa and Latin America are also working with us to deliver the world-class financial and business management skills that are so vitally needed. By providing the CIMA qualification in emerging economies, we not only contribute to the wealth of developing nations; we also provide skills for individuals that open the door to life-changing opportunities.

The international business community has a huge stake in having an educated global workforce--it makes sound business sense. This extends beyond primary and secondary education...

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