Importance Of Transparency In Transnational Governance

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Information has always been essential for effective governing. However, today information is even more important; it is the world’s currency. Information is power, but like power sometimes it’s hard spread. Information plays an important role in contemporary transnational governance. More broadly transnational norms define what a modern state is and allocate appropriate modes of internal and external conduct. International relations and the existence of international institutions assume the existence of a state. But that concept has been the discussion of many theorists. Webber says, the state is “the most important constitutive element of all cultural life,” (1918). While, Herder argues that a state is “something abstract, neither seen nor …show more content…

History has shown us that states if left unchecked will act against the interests of the public. We live in a world of transparency. The idea that a state should be transparent, institutions should be transparent, the market should be transparent, processes should be transparent, reasoning should be transparent, even the whole of society should be transparent. The importance of transparency seems to be growing uninterruptedly. In todays global state transparency is often defined as the disclosure of government information and its use by the public. Transparency, under this definition, requires a public that can access, understand, and use the information it …show more content…

Therefore transnational relations operate through a variety of mechanisms of regulation in the absence of an overarching political authority (Mahon and McBride, 2006). The lack of formal hierarchy suggests the utilization of both soft and hard (i.e. treaties and law) power in tandem. The OECD’s power is only through soft law, meaning they are involved in the surveillance and monitoring of a state’s actions. “Member states are not obligated to implement specific policies, but they are required to ‘open up’ to others to examine and critically judge what they are doing” (Jacobsson, 2006; 207). The OECD and all directorates under it require their member states to be

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