Role of Private

Sector in a

Democratic

Setting

Sangay Tshering

A Concerned Bhutanese

Agenda

• What is Democracy?

• What is Private Sector?

• The Rupee Crunch- A

Threat or an Opportunity?

• A story on Private Sector

and Democracy

• BCCI- What is it?

• Q&A

Decoding Democracy

• Institutionalization of freedom

• The citizens of a democracy enjoy the

right of individual freedom, butthey also share the responsibility of

joining with others to shape a futurethat will continue to embrace the fundamental values of freedom and

self-government

• Abraham Lincoln, democracy is a government "of the people, by the people, and for the people.

Private Sector

Three legs of a stool , Civil Society, Governments and the Private sector

Private sector occupies 80% of the economy of Mongolia

Vision 2020

DHI- Druk Holdings and Investments

BCCI

A Threat or

an

Opportunity?

“When people say private sector they are really

thinking multinational corporations, but we need

to understand will that much of the work in

building democracy, especially in Latin America,

will probably be done by the domestic private

sector, which includes local firms, family

businesses and the informal sector,”

Council for a Communities of Democracies

“One of the most important lessons learned is

that transformation of government is more

difficult than transformation of business.”

“Companies have a multiplying effect, when

they show high standards of conduct and

codes of ethics, they are telling the people

through vendors contractors that

transparency and accountability are a

profitable way to proceed.”

“This process in his organization’s view leads

to more democratic prone state of mind in

society and ultimately helps develop

democratic principles.”

“Economic inequality

can be erased through

Small and Medium

Enterprises leading to

a Healthy Democracy

and leading to Gross

National Happiness”

BCCI

Non Profit Making Private Sector Organization

Promoting formation of a private sector under the royal command

History/Timeline

How do they sustain themselves?

Q & A