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JHU Center For Talented Youth’s Groundbreaking Educational Program

5/16/2017

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Harvey Goldstein, an American businessman residing in Singapore, has spearheaded foreign direct investment projects that have enabled growth in Indonesia and Southeast Asia’s emerging markets for more than four decades. Possessing a keen interest in education, Harvey Goldstein and his wife started a scholarship program to provide exemplary Singaporean students from low-income backgrounds with full scholarships to attend the Johns Hopkins University Center for Talented Youth (CTY).

The CTY program has its roots in the 1970s, with psychologist Julian Stanley’s groundbreaking work at JHU focused on academically advanced middle school students. Operating as a nonprofit, the center holds an annual Talent Search and brings together creative young minds from diverse backgrounds in shared learning endeavors. At the same time, students’ performance is evaluated and measured within an academic research setting. 

The executive director of CTY, Elaine Hansen, recently wrote for the Baltimore Sun about education’s shifting priorities as grit, or the ability to persevere in the long term, becomes increasingly recognized as an attribute of success. According to this metric, sustained effort is a major contributor to overall success. While grit is often inversely correlated with innate talent, Ms. Hansen notes that engaging the grit part of students’ psyche requires asking them to actively think about why they are engaging in activities and what they have achieved thus far.

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The World Bank - Guiding Private Investment Around Development Goals

5/3/2017

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An accomplished American businessman, Harvey Goldstein is the chairman of Harvest International Inc., headquartered in Indonesia. Over the course of more than 30 years, he has helped to facilitate major private foreign investments in the emerging Southeast Asian region, including the multibillion-dollar Exxon Natuna LNG project in Indonesia in the 1990s. Harvey Goldstein has also worked with global financial entities such as the World Bank, the largest development institution in the world. 

Founded in 1944 to assist countries ruined by World War II, the World Bank has grown in scope and now focuses on eradicating poverty and raising the prosperity of the world’s poorest people. World Bank President Jim Yong Kim, in a speech delivered in April 2017 at the London School of Economics, stated the need for a new approach to development finance. 

The entire finance development system should look for innovative ways to encourage private investment in development projects which can provide commercial returns while also benefiting all stakeholders. Reforms must be introduced to not only reduce the risk of individual projects, but also to reduce the risk to entire countries while making projects commercially viable. There will still be projects, though, that cannot work under commercial terms and that will require concessional financing.

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    Harvey Goldstein is an American executive who has almost five decades of experience doing business and creating jobs in Southeast Asia.

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