The Indian School of Business (ISB) and professional services organisation EY have joined hands to pursue research on issues confronting businesses in emerging markets and contribute to policy-making.
EY has committed to provide $250,000 per annum for five years towards the collaboration that has been named ISB-Initiative for Emerging Market Studies (IEMS).
On Tuesday, ISB Dean Rajendra Srivastava and EY’s Global Vice-Chair for Tax Strategy Jay Nibbe signed a memorandum of understanding for the IEMS that will function under the aegis of the EY-supported Institute of Emerging Markets Studies.
Addressing the MoU signing programme, Mr. Nibbe said the initiative is looking to work on various aspects of significance to economic growth from regulatory framework to workforce.
A global network of academic institutions based in emerging markets, the EY-IEMS works to create “insightful, connected and responsive thought leadership about economic issues inemerging markets. It aims to participate in and lead the discussion on policy-making forums related to emerging markets,” a release said.