Full Disclosure

The Perils and Promise of Transparency

Mary Graham author David Weil author Archon Fung author

Format:Paperback

Publisher:Cambridge University Press

Published:21st Jul '08

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Full Disclosure is the first analysis of national and international transparency policies.

Public disclosure strategies aimed at reducing risks and improving goods and services are frequently ineffective or counterproductive. Successful transparency policies must place the needs of ordinary citizens at centre stage and produce information that informs their everyday choices. This title is also available as Open Access on Cambridge Core.Governments employ public disclosure strategies to reduce risks, improve public and private goods and services, and reduce injustice. In the United States, these targeted transparency policies include financial securities disclosures, nutritional labels, school report cards, automobile rollover rankings, and sexual offender registries. They constitute a light-handed approach to governance that empowers citizens. However, these policies are frequently ineffective or counterproductive. Based on a comparative analysis of eighteen major policies, the authors suggest that transparency policies often produce information that is incomplete, incomprehensible, or irrelevant to the consumers, investors, workers, and community residents who could benefit from them. Sometimes transparency fails because those who are threatened by it form political coalitions to limit or distort information. To be successful, transparency policies must place the needs of ordinary citizens at centre stage and produce information that informs their everyday choices. This title is also available as Open Access on Cambridge Core.

'This rich, carefully researched, well balanced, and readily accessible study shows us that good governance, with legislators at the local, state or national levels in the lead, is surely difficult but far from unattainable. This hard nosed scholarship demonstrating, as the authors themselves discovered, that pragmatism about both policy expectations and policy results should prevail among political leaders and citizens alike.' Perspectives on Politics

ISBN: 9780521699617

Dimensions: 228mm x 154mm x 17mm

Weight: 420g

304 pages