On forgetful goldfish and failed mnemonics: transforming political economies of conflict using voluntarism, regulation, and supervision
AbstractThis article examines three types of initiatives that have been deployed in the effort to transform the political economies of civil conflict: voluntary ethical trading initiatives. formal regulation to promote ethical trading or good resource governance, and economic supervision schemes. The article draws on brief case studies of the United Nations Global Compact, the Extractive Industries Transparency Initiative, and the Kimberley Process Certification Scheme as well as discussing economic supervision schemes such as those imposed on Chad and Liberia. The article argues that the current representation of these initiatives obscures that they represent a retreat from the more ambitious programs of reform articulated in the 1970s.
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Bibliographic InfoArticle provided by Economists for Peace and Security (UK) in its journal Economics of Peace and Security Journal.
Volume (Year): 5 (2010)
Issue (Month): 1 (January)
Keywords: international economic order; multinational firms; international business; international conflicts; negotiations; sanctions; international organizations; colonialism; imperialism; postcolonialism; international institutional arrangements; regulation; business law.;
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
- F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
- F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
- K20 - Law and Economics - - Regulation and Business Law - - - General
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