Multi-Scalar Governance and Institutions : Intentional Development and the Conditions of Possibility in the Extractive Sector
The World development report (WDR) 2017 is centrally interested in the conditions under which three headline development outcomes (growth, equity, security) can be achieved by improving the effectiveness and legitimacy of governance institutions. T...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/401191487833197468/World-development-report-2017-multi-scalar-governance-and-institutions-intentional-development-and-the-conditions-of-possibility-in-the-extractive-sector http://hdl.handle.net/10986/26209 |
| Summary: | The World development report (WDR) 2017
is centrally interested in the conditions under which three
headline development outcomes (growth, equity, security) can
be achieved by improving the effectiveness and legitimacy of
governance institutions. This background paper explores all
three mechanisms through the lens of efforts to improve the
governance of extractive industries, in particular, to
enhance the dividend of growth, equity, and security for
host countries in the Global South. The authors consider the
case of the extractive industries transparency initiative
(EITI) which may be understood as an assemblage of power,
norms, and capacities to create new institutional
arrangements to govern relations between oil companies, host
country governments, and citizens. The point of departure is
the WDR’s recognition that institutions are always exercises
in and products of, that is to say they are thorough
saturated with, power. The structure of the paper is as
follows part one begins by noting that a feature of
globalization in the post-cold war period has been the
development of a range of global modalities to intervene in
the regulation of economic activity and to reconfigure the
power, norms, and capacities of governance institutions so
as to achieve particular equity and security outcomes. Part
two provides an account of the conditions of possibility,
all traceable to the character of post-cold war
globalization, that saw the rise of the norms and rules
central to EITI that, in little over ten years have enrolled
48 countries and more than 80 major oil, gas, and mining
companies. Part three examines the apparently paradoxical
case of EITI’s enthusiastic adoption in Nigeria. |
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