Unveiling indicators : the power of governance through the ROL notion

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2014

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Abstract

Indicators have become a powerful technology of global governance that not only regulate and distribute resources, but also challenge pre-established understandings of international law. The paper aims to understand how indicators like Investing Across Borders (IAB) have become powerful technologies of global governance that are challenging the way international lawyers understand their discipline, as well as how international authority is exercised at the global level. The new “common sense” in development has most often been expressed in the Rule of Law (ROL), Good Governance, and best practices discourses, which have justified the implementation of legal reforms throughout the developing world.

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Keywords

LEGAL FRAMEWORK, INDICATORS, INTERNATIONAL AGREEMENTS, DEVELOPMENT POLICY, GLOBAL GOVERNANCE, GLOBALIZATION, REGULATION, MONITORING, WORLD BANK, INTERNATIONAL INSTRUMENTS, GLOBAL

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