Brian Atwood argues the importance of goverance, bureaucracies, and international rules.
In today's complex and globalized societies, governing implies understanding and applying a multiplicity of complex rules, standards and agreements. Often these are quite technical, and even incomprehensible for non-experts who are unfamiliar, for instance, with the vocabulary of genetics databanks or nuclear energy. Others hide extremely difficult tasks of interpretation and application behind expressions we're all familiar with, such as due diligence or bribery. And then there are those, such as transfer pricing, that are founded on concepts that are both technically demanding and arduous to understand and implement.
March 14, 2012