These issues must be addressed if democracy and the market are to flourish. Fortunately, the leaders of the hemisphere recognize these problems, and have set out in the Summit of the Americas an action plan to achieve results. There is broad cooperation at the ministerial level of hemispheric governments not only in energy but also in finance, education, transportation, the environment, and judicial reform, to name just a few areas. The engagement of business leaders in pushing the agenda of reform and corporate social responsibility is an additional element that can make democracy and the market really work. Another example is greater respect for the rule of law.
Judicial reform is underway but progress to date has been insufficient in many countries.
Administering justice efficiently and transparently within a framework of rules perceived as fair not only creates a better business climate but also helps build a better society.