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Governance by IndicatorsGlobal Power through Quantification and Rankings$
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Kevin Davis, Angelina Fisher, Benedict Kingsbury, and Sally Engle Merry

Print publication date: 2012

Print ISBN-13: 9780199658244

Published to Oxford Scholarship Online: September 2012

DOI: 10.1093/acprof:oso/9780199658244.001.0001

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Legal Yardsticks: International Financial Institutions as Diagnosticians and Designers of the Laws of Nations

Legal Yardsticks: International Financial Institutions as Diagnosticians and Designers of the Laws of Nations

Chapter:
(p.180) 8 Legal Yardsticks: International Financial Institutions as Diagnosticians and Designers of the Laws of Nations
Source:
Governance by Indicators
Author(s):

Terence C. Halliday

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199658244.003.0008

This chapter analyzes the results of comprehensive empirical studies conducted by inter-governmental financial institutions (IFIs). These studies measure the quality of national laws on matters such as corporate bankruptcy, and are used to promote change through inter-country comparison and evaluate change through intertemporal comparisons of a single country. These initiatives are situated within a complete ecology of partly-competitive interactions between and within IFIs. This chapter also considers the argument that the professional, ecological, and organizational challenges that are faced by IFIs and their legal shifts place relevant limits to changing the use of indicators and transferring to non-indicative methodologies.

Keywords:   inter-governmental financial institutions, national laws, inter-country comparison, intertemporal comparison, challenges, non-indicative methodologies

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