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Home > Resources > Ethics & International Affairs Journal > Volume 17.1 (Spring 2003) > Special Section: Special Section: Achieving Global Economic Justice |
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Holding Intergovernmental Institutions to Account [Abstract]
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March 2, 2003
How can governments and peoples better hold to account international economic
institutions, such as the WTO, the World Bank, and the IMF? This article
proposes an approach based on public accountability, advocating improvements in
four areas: constitutional, political, financial, and internal accountability.
The argument for more accountability is made with two caveats: more
accountability is not always good––it can be distorting and costly; and,
enhancing the accountability of international institutions should not justify
increasing their jurisdiction for the sake of reducing the role of national
governments. Constitutional accountability poses limits on how the institutions
expand their activities, requiring the active consent of all members and
particularly those most affected by their activities. Political accountability
requires that those who make decisions in the organizations are directly
answerable to all member governments and not just to the most powerful ones. The
institutions’ uneven record and structure of financial accountability is
addressed through a model of mutual restraint. Finally, the internal
accountability should ensure that technical decisions are distinguishable from
political decisions. A better matching of the right kinds of accountability to
the activities of the organizations would improve both their effectiveness and
legitimacy.
To read or purchase the full text of this article, click here.
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The Carnegie Council's flagship publication, Ethics & International Affairs is an interdisciplinary resource for scholars, students, and policy analysts concerned with the moral dimensions of global issues. The journal covers global justice, civil society, democratization, international law, intervention, sanctions, and related topics.
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The Editors welcome responses to Features and Essays published in Ethics & International
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thousand words, including endnotes (which
should be kept to a minimum). Responses
are not peer-reviewed, and are published at
the Editors' discretion. All responses are
subject to editing for length and style. In the
event of any questions or substantive editing,
the response will be returned to the author
for final approval prior to publication.
Responses are published online, alongside
the article they address.
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