IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v177y2020ics0921800919303684.html

Can finance and market driven (FMD) interventions make “weak states” stronger? Lessons from the good governance norm complex in Cambodia

Author

Listed:
  • Cashore, Benjamin
  • Nathan, Iben

Abstract

In the last 25 years, a range of scholars have endeavored to understand the creation of a myriad of transnational finance and market driven (FMD) governance interventions aimed at countries in the Global South who are asserted to suffer from "weak state" capacity or contain areas of “limited statehood”. This class of policy tools remains the dominant approach with which to foster improved governance in domestic settings in spite of a quarter century of frustrations over the pace and scale of change. We assess the ability of a good governance norm complex to help explain the persistent support of FMD tools in which countervailing or unanticipated impacts are viewed as the result of faulty design, rather than owing to the inherent contradictions of the complex itself. We illustrate the argument through a historical assessment of FMD tools in general, and the emergence in the last decade of “legality verification” in particular. We focus on Cambodia's forest sector to identify how policy designers might better anticipate the effects of the EU's “Forest Law Enforcement, Governance and Trade” (FLEGT) program on the variety of countervailing problems it is charged with improving.

Suggested Citation

  • Cashore, Benjamin & Nathan, Iben, 2020. "Can finance and market driven (FMD) interventions make “weak states” stronger? Lessons from the good governance norm complex in Cambodia," Ecological Economics, Elsevier, vol. 177(C).
    • Handle: RePEc:eee:ecolec:v:177:y:2020:i:c:s0921800919303684
    DOI: 10.1016/j.ecolecon.2020.106689
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800919303684
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecolecon.2020.106689?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. repec:wbk:wbpubs:14094 is not listed on IDEAS
    2. Sochanny Hak & John McAndrew & Andreas Neef, 2018. "Impact of Government Policies and Corporate Land Grabs on Indigenous People’s Access to Common Lands and Livelihood Resilience in Northeast Cambodia," Land, MDPI, vol. 7(4), pages 1-20, October.
    3. Seng Sothan, 2018. "Foreign aid and economic growth: evidence from Cambodia," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 27(2), pages 168-183, February.
    4. McKeown, Timothy J., 1999. "Case Studies and the Statistical Worldview: Review of King, Keohane, and Verba's Designing Social Inquiry: Scientific Inference in Qualitative Research," International Organization, Cambridge University Press, vol. 53(1), pages 161-190, January.
    5. Riggs, Rebecca Anne & Langston, James Douglas & Sayer, Jeffrey, 2018. "Incorporating governance into forest transition frameworks to understand and influence Cambodia's forest landscapes," Forest Policy and Economics, Elsevier, vol. 96(C), pages 19-27.
    6. Oldenburg Christoph & Neef Andreas, 2014. "Reversing Land Grabs or Aggravating Tenure Insecurity? Competing Perspectives on Economic Land Concessions and Land Titling in Cambodia," The Law and Development Review, De Gruyter, vol. 7(1), pages 49-77, October.
    7. Büthe, Tim, 2002. "Taking Temporality Seriously: Modeling History and the Use of Narratives as Evidence," American Political Science Review, Cambridge University Press, vol. 96(3), pages 481-493, September.
    8. repec:wbk:wbpubs:14951 is not listed on IDEAS
    9. Cashore, Benjamin & Stone, Michael W., 2012. "Can legality verification rescue global forest governance?," Forest Policy and Economics, Elsevier, vol. 18(C), pages 13-22.
    10. John A Mathews & Sean Kidney, 2012. "Financing climate-friendly energy development through bonds," Development Southern Africa, Taylor & Francis Journals, vol. 29(2), pages 337-349, June.
    11. Steven Bernstein & Matthew Hoffmann, 2018. "The politics of decarbonization and the catalytic impact of subnational climate experiments," Policy Sciences, Springer;Society of Policy Sciences, vol. 51(2), pages 189-211, June.
    12. Paul F. Steinberg, 2015. "Can We Generalize from Case Studies?," Global Environmental Politics, MIT Press, vol. 15(3), pages 152-175, August.
    13. Amacher, Gregory S., 2006. "Corruption: A challenge for economists interested in forest policy design," Journal of Forest Economics, Elsevier, vol. 12(2), pages 85-89, June.
    14. Radoslav S. Dimitrov, 2005. "Hostage to Norms: States, Institutions and Global Forest Politics," Global Environmental Politics, MIT Press, vol. 5(4), pages 1-24, November.
    15. Natasha Ezrow & Erica Frantz, 2013. "Revisiting the Concept of the Failed State: bringing the state back in," Third World Quarterly, Taylor & Francis Journals, vol. 34(8), pages 1323-1338.
    16. Nathan, Iben & Chen, Jie & Hansen, Christian Pilegaard & Xu, Bin & Li, Yan, 2018. "Facing the complexities of the global timber trade regime: How do Chinese wood enterprises respond to international legality verification requirements, and what are the implications for regime effectiveness?," Forest Policy and Economics, Elsevier, vol. 92(C), pages 169-180.
    17. repec:wbk:wbpubs:14952 is not listed on IDEAS
    18. Kelly Levin & Benjamin Cashore & Steven Bernstein & Graeme Auld, 2012. "Overcoming the tragedy of super wicked problems: constraining our future selves to ameliorate global climate change," Policy Sciences, Springer;Society of Policy Sciences, vol. 45(2), pages 123-152, June.
    19. Wodschow, Astrid & Nathan, Iben & Cerutti, Paolo, 2016. "Participation, public policy-making, and legitimacy in the EU Voluntary Partnership Agreement process: The Cameroon case," Forest Policy and Economics, Elsevier, vol. 63(C), pages 1-10.
    20. Taylor H Ricketts & Britaldo Soares-Filho & Gustavo A B da Fonseca & Daniel Nepstad & Alexander Pfaff & Annie Petsonk & Anthony Anderson & Doug Boucher & Andrea Cattaneo & Marc Conte & Ken Creighton &, 2010. "Indigenous Lands, Protected Areas, and Slowing Climate Change," PLOS Biology, Public Library of Science, vol. 8(3), pages 1-4, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Benjamin Cashore & Jette Steen Knudsen & Jeremy Moon & Hamish van der Ven, 2021. "Private authority and public policy interactions in global context: Governance spheres for problem solving," Regulation & Governance, John Wiley & Sons, vol. 15(4), pages 1166-1182, October.
    2. van der Ven, Hamish & Sun, Yixian & Cashore, Benjamin, 2021. "Sustainable commodity governance and the global south," Ecological Economics, Elsevier, vol. 186(C).
    3. Farrukh Nawaz Kayani & Ismat Nasim & Khalil Abu Saleem, 2024. "Analyzing the Impact of Governance, Environment and Trade on Inward FDI: A Case of Cambodia, Thailand and Vietnam from ASEAN," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, vol. 14(2), pages 523-534, March.
    4. Verhaeghe, Elke, 2021. "The (post)politicisation of timber trade: (Un)invited participation in the EU-Vietnam Voluntary Partnership Agreement," Forest Policy and Economics, Elsevier, vol. 129(C).
    5. Janina Grabs & Graeme Auld & Benjamin Cashore, 2021. "Private regulation, public policy, and the perils of adverse ontological selection," Regulation & Governance, John Wiley & Sons, vol. 15(4), pages 1183-1208, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. van Bers, Caroline & Delaney, Aogán & Eakin, Hallie & Cramer, Laura & Purdon, Mark & Oberlack, Christoph & Evans, Tom & Pahl-Wostl, Claudia & Eriksen, Siri & Jones, Lindsey & Korhonen-Kurki, Kaisa & V, 2019. "Advancing the research agenda on food systems governance and transformation," LSE Research Online Documents on Economics 102560, London School of Economics and Political Science, LSE Library.
    2. Hamish van der Ven & Yixian Sun, 2021. "Varieties of Crises: Comparing the Politics of COVID-19 and Climate Change," Global Environmental Politics, MIT Press, vol. 21(1), pages 13-22, Winter.
    3. Frans Sengers & Bruno Turnheim & Frans Berkhout, 2021. "Beyond experiments: Embedding outcomes in climate governance," Environment and Planning C, , vol. 39(6), pages 1148-1171, September.
    4. Singer, Benjamin & Giessen, Lukas, 2017. "Towards a donut regime? Domestic actors, climatization, and the hollowing-out of the international forests regime in the Anthropocene," Forest Policy and Economics, Elsevier, vol. 79(C), pages 69-79.
    5. Metodi Sotirov & Benno Pokorny & Daniela Kleinschmit & Peter Kanowski, 2020. "International Forest Governance and Policy: Institutional Architecture and Pathways of Influence in Global Sustainability," Sustainability, MDPI, vol. 12(17), pages 1-25, August.
    6. Carmen Rodríguez Fernández-Blanco & Sarah L. Burns & Lukas Giessen, 2019. "Mapping the fragmentation of the international forest regime complex: institutional elements, conflicts and synergies," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(2), pages 187-205, April.
    7. Thomas Hale, 2020. "Catalytic Cooperation," Global Environmental Politics, MIT Press, vol. 20(4), pages 73-98, Autumn.
    8. Joana Carlos Bezerra & Jan Sindt & Lukas Giessen, 2018. "The rational design of regional regimes: contrasting Amazonian, Central African and Pan-European Forest Governance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 18(5), pages 635-656, October.
    9. Adams, Marshall Alhassan & Kayira, Jean & Tegegne, Yitagesu Tekle & Gruber, James S., 2020. "A comparative analysis of the institutional capacity of FLEGT VPA in Cameroon, the Central African Republic, Ghana, Liberia, and the Republic of the Congo," Forest Policy and Economics, Elsevier, vol. 112(C).
    10. Roberts, Cameron & Geels, Frank W., 2019. "Conditions for politically accelerated transitions: Historical institutionalism, the multi-level perspective, and two historical case studies in transport and agriculture," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 221-240.
    11. Christian Elliott & Amy Janzwood & Steven Bernstein & Matthew Hoffmann, 2024. "Rethinking complementarity: The co‐evolution of public and private governance in corporate climate disclosure," Regulation & Governance, John Wiley & Sons, vol. 18(3), pages 802-819, July.
    12. Dieguez, Laura & Sotirov, Metodi, 2021. "FSC sustainability certification as green-lane for legality verification under the EUTR? Changes and policy learning at the interplay of private governance and public policy," Forest Policy and Economics, Elsevier, vol. 131(C).
    13. Daniel Rosenbloom & Adrian Rinscheid, 2020. "Deliberate decline: An emerging frontier for the study and practice of decarbonization," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
    14. Krott, Max & Bader, Axel & Schusser, Carsten & Devkota, Rosan & Maryudi, Ahmad & Giessen, Lukas & Aurenhammer, Helene, 2014. "Actor-centred power: The driving force in decentralised community based forest governance," Forest Policy and Economics, Elsevier, vol. 49(C), pages 34-42.
    15. Njangang, Henri & Nembot Ndeffo, Luc & Noubissi Domguia, Edmond & Fosto Koyeu, Prevost, 2018. "The long-run and short-run effects of foreign direct investment, foreign aid and remittances on economic growth in African countries," MPRA Paper 89747, University Library of Munich, Germany.
    16. Fatima Khalid & Asma Jamil & Huda Kamal & Tahira Afzal & Tahseenullah Khan & Muhammad Babar Taj & Ahmad Raheel & Syed Ahmad Tirmizi & Muhammad Babar Taj & Muhammad Jamshed Iqbal & Muhammad Ashiq & Muh, 2019. "Multiple Impacts of Illegal Logging- A key to Deforestation Over the Globe," Biomedical Journal of Scientific & Technical Research, Biomedical Research Network+, LLC, vol. 20(5), pages 15430-15435, August.
    17. Nathan, Iben & Chen, Jie & Hansen, Christian Pilegaard & Xu, Bin & Li, Yan, 2018. "Facing the complexities of the global timber trade regime: How do Chinese wood enterprises respond to international legality verification requirements, and what are the implications for regime effectiveness?," Forest Policy and Economics, Elsevier, vol. 92(C), pages 169-180.
    18. Hasyim, Zainuri & Laraswati, Dwi & Purwanto, Ris H. & Pratama, Andita A. & Maryudi, Ahmad, 2020. "Challenges facing independent monitoring networks in the Indonesian timber legality assurance system," Forest Policy and Economics, Elsevier, vol. 111(C).
    19. Radtke, Jörg & Scherhaufer, Patrick, 2022. "A social science perspective on conflicts in the energy transition: An introduction to the special issue," Utilities Policy, Elsevier, vol. 78(C).
    20. Sandra Waddock, 2019. "Shaping the Shift: Shamanic Leadership, Memes, and Transformation," Journal of Business Ethics, Springer, vol. 155(4), pages 931-939, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:177:y:2020:i:c:s0921800919303684. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.