Traceability in global governance

An increasingly important challenge in global governance, which in some issue areas has been labelled ‘traceability’, has been to track the cross‐border travels of objects that are associated with positive or negative effects. However, the common properties and identifiable patterns of variation of traceability across issue areas or industries have been insufficiently explored. We identify key properties of traceability systems, including the variation and interactions between the physical properties of the traced object, the positive or negative effects with which it is associated, the monitoring technology, and the institutionalized power relations that activate and constrain traceability systems. We examine and compare traceability systems for food safety, conflict minerals, pharmaceuticals, carbon emissions, money laundering and financial transactions. Understanding traceability in this way is important not only for these cases, but also for understanding interactions between objects, infrastructures, as well as monitoring and political mechanisms in global governance more generally.     

How did the financial crisis affect the transnationality of the global financial elite? One step forward and one step back

Over the last few decades, transnational elite formation progressed hand in hand with a deterioration in national business elites. Most studies regard this process as progressive and linear. However, we argue that transnational elite formation is subject to a variety of opposing forces, and the assumed progression is not a given fact. As an intriguing case, we analyse the financial business elite with a focus on the financial crisis of 2008. This international event had substantial ramifications, including a possible external shock to transnational elite formation. To study the consequences of the crisis, we collected the board composition data of the 48 largest transnational financial companies for the period 2006–11. Changes in board composition show opposing effects. For example, transnationality increased during the crisis, but reversals appeared when national governments intervened.     

Governing the transnational organic cotton network from Benin

In this article, we attempt to conceptualize the historical development and the governance structure of the transnational organic cotton network from Benin. We aim to discover how the organic cotton production‐consumption network is governed locally and internationally. Existing bodies of literature on international agricultural production networks, in particular the Global Value Chains (GVC) perspective, focus on economic dimensions, but find it difficult to incorporate the sustainability dimension. We favour widening the concept of GVCs beyond economics by acknowledging and including environmental rationalities and the representatives of their interests, not as external elements, but rather as co‐governing or co‐structuring factors (or actors) of sustainable value chains. Our findings reveal that beyond the traditional producer versus buyer dualism, intermediate stakeholders, namely transnational and local environmental NGO networks, are instrumental in the construction, maintenance and transformation of the organic cotton network. It is also apparent that farmers' leaders play an important role in mediating and (re)building trust among organic farmers, though they exert insufficient vertical power in the organic cotton network to control it.     

Voluntary standards,expert knowledge and the governance of sustainability networks

Products certified according to their environmental and social sustainability are becoming an important feature of production, trade and consumption in the agro‐food sector. ‘Sustainability networks’ are behind the emergence and growth of these new product forms, often evolving into multi‐stakeholder initiatives that establish and manage base codes, standards, certifications and labels. As sustainability moves into the mainstream, understanding the governance of these networks is essential because they partly reshape the structure and characteristics of commodity flows. In this article, we examine the role of expert knowledge and process management in governing two multi‐stakeholder initiatives (the Marine Stewardship Council and the Roundtable for Sustainable Palm Oil) and in shaping their distributional effects. We find that the ability of developing countries, especially small‐scale actors within them, to shape standard setting and management to their advantage depends not only on overcoming important structural differences in endowments and access to resources, but also on more subtle games. These include promoting the enrolment of one expert group or kind of expert knowledge over another, using specific formats of negotiation, and legitimating particular modes of engagement over others.     

Perspectives on Corporate Control: Implications for CEO Compensation

This study examines the influence on CEO paypractices of four corporate control perspectives:managerial control, class hegemony, external control,and efficient market. The results indicate the influence of both market and extra-market controls on thedetermination of CEO pay levels and criteria.Implications for the governance of firms and the studyof corporate control are drawn.     

Introduction to special section on blockchains and financial globalization

This special section shifts analytical attention onto efforts undertaken by dispersed sets of actors operating in online communities to mobilize a novel internet‐based technology that mysteriously appeared at the height of market volatility in 2008. Applications of blockchain technologies and the challenges presented to longstanding patterns of financial globalization are analysed by a group of scholars with backgrounds in anthropology, political science and sociology. This introductory article first elaborates what blockchain technologies consist of before foreshadowing the insights that the following interdisciplinary investigations yield for comprehending the implications that technological changes pose for global finance specifically and globalization more generally.     

Hybrid networks and the global politics of the digital revolution – a practice‐oriented,relational and agnostic approach

The rapid growth of internet users and the importance of networked technologies for most spheres of life raise questions about how to foster and govern the digital revolution on a global scale. Focusing on internet governance and the use of ICTs for development purposes, I provide a multi‐sited, ethnographic exploration of two UN‐based multi‐stakeholder arrangements – comprising governments, business and civil society groups – that have contributed to the construction of the digital revolution as an object of global governance. In this article I show how analytical insights from governmentality studies and actor‐network theory can be used to capture how objects of governance and organizational arrangements are constructed and consolidated. Conventional approaches to networks and governance tend to treat organizational arrangements and issue areas as bounded, separate and fixed. By contrast, I demonstrate the merits of a practice‐oriented, relational and agnostic research strategy, which foregrounds the governmental techniques and moments of translation involved when new objects and modes of governance are assembled and negotiated.     

Work ties beget community? Assessing interactions among transnational private governance organizations in sustainable agriculture

Transnational private governance organizations (TPGOs) set standards for various sustainability issues and industries. TPGOs individually address only facets of larger problems such as land conversion, and competition among TPGOs also affects TPGO governance, meaning coordination across their activities can be required. Studies have shown that ties between TPGOs and other organizations facilitate information sharing, coordination and socialization. A systematic analysis of the structure of such ties, however, is lacking. Using the employment ties of staff and governors, we analyse the inter‐organizational communities of TPGOs that focus on agriculture. Our findings cast doubt on the existence of a coherent community of sustainable agricultural TPGOs: very few communities involve multiple TPGOs. While TPGOs with a similar product focus may form links with similar organizations, there are few direct and indirect ties among TPGOs. Researchers should therefore be cautious about assuming that a TPGO policy community crossing organizational and policy divides currently exists.     

Sustainability standards and certification: looking through the lens of Foucault's dispositif

Over the past few decades, sustainability standards and certification have come to play an important role in the global governance of production and trade. Their purpose is to address the environmental and social problems generated by the globalization of the economy. Yet, as scholars and actors alike have pointed out, framing these problems in terms of technical criteria and procedures might result in rendering some issues invisible and closing potential debate and contestation. Through the empirical analysis of a multi‐stakeholder initiative called the ‘Roundtable of Sustainable Palm Oil', our aim is to explore how civil society organizations and advocacy networks nevertheless draw new lines of power by using, putting to the test, correcting and constructing formalized knowledge. To shed light on these processes of resistance, we advance an analytic that restores the concept of dispositif coined by Michel Foucault in emphasizing both the disruptive and stabilizing lines that compose a dispositif.     

Global cities in Global Commodity Chains: exploring the role of Mexico City in the geography of global economic governance

In this article I assert that global cities are critical nodes in Global Commodity Chains because it is from them that producer services are provided. I explore forward linkages of producer service firms in Mexico City, showing that there are important service flows to companies responsible for the globalization of the 'Mexican' economy. Based on this finding I also indicate reasons why Mexico City is 'on the map' of global cities and of Global Commodity Chains. I argue that both access to local knowledge and close contact to clients are key factors. A third issue dealt with is the position of Mexico City in the geography of governance of commodity chains. The analysis suggests that it is useful to break up global city functions into the management of the world economy and into its command and control, because Mexico City is certainly a place for the former, while the scope of influence exercised from the city is rather limited.