Globalization is not an option for business today

Where are the growing emerging markets?

governments represents more than 30% of world wide GDP

Government Expenditures as a % of GDP 2007: OECD Countries

Government Expenditures as a % of GDP 2006: Non OECD Countries

emerging countries are growing faster than developed countries

GDP Growth, % Share of World Total*

Share of Global GDP*

Good governance is the only measure that statistically improves development outcomes what enables good governance? http://ideas.repec.org/p/wbk/wbrwps/2196.html

good governance requires: Accountability and Transparency

good governance requires: Rule of law

good governance requires : Public Financial Management reform

good governance requires: Information and Communications Technology

good governance requires: Audit & Oversight

What business opportunities are in demand? Products and Services Technical Assistance IT Consulting Software Specialization Accounting Audit Budgeting Computer Technology Development Economics Law Project Management

Products and Services

Technical Assistance

IT Consulting

Software

Specialization

Accounting

Audit

Budgeting

Computer Technology

Development Economics

Law

Project Management

Is there political will to improve Public Financial Management in Emerging Countries?

OECD Country Official Development Assistance (ODA) IMF, World Bank and other donors have announced increases in ODA for 2009 and 2010

Top 5 Gains by % in Proposed U.S. Budget

2009 World Wide IT Spending by Vertical

Emerging Markets have High Risk and High Rewards

How can Emerging Markets risk be reduced? Developing partnerships with specialists in Emerging Markets Learning from experts from International Financial Institutions Identifying opportunities from Governments in Emerging Markets Learning about good practices

Developing partnerships with specialists in Emerging Markets

Learning from experts from International Financial Institutions

Identifying opportunities from Governments in Emerging Markets

Learning about good practices

Where do I find assistance? the International Consortium on Governmental Financial Management www.icgfm.org

the International Consortium on Governmental Financial Management

What is ICGFM? umbrella organization of practitioners and academics focused on public financial management education and knowledge transfer special emphasis on emerging countries annual conferences in Miami and Washington monthly forums in Washington International Journal on Governmental Financial Management global social network

umbrella organization of practitioners and academics

focused on public financial management

education and knowledge transfer

special emphasis on emerging countries

annual conferences in Miami and Washington

monthly forums in Washington

International Journal on Governmental Financial Management

global social network

annual sustaining membership seat on the Board of Directors

annual sustaining membership is only $1,000

annual sustaining membership opportunities to showcase products and services to an international audience

ICGFM Conference Attendees 19 LAC Countries 20 SSA Countries 6 EAP Countries 2 SA Countries 8 ECA Countries 2 MNA Countries 9 Developed Countries + experts from: World Bank, IMF, Inter-American Development Bank, USAID, CIDA, MCC, OAS, GAO, US Treasury, PEFA Secretariat

Where can I learn more? Membership: http://www.icgfm.org/icgfmmembership.htm Blog: http://icgfm.blogspot.com International Journal: http://www.icgfm.org/digest.htm

Membership: http://www.icgfm.org/icgfmmembership.htm

Blog: http://icgfm.blogspot.com

International Journal: http://www.icgfm.org/digest.htm

‘ governance matters’