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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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Beyond Supply and Demand: A Political-Economic Conceptual Model

Beyond Supply and Demand: A Political-Economic Conceptual Model

(p.29) 2 Beyond Supply and Demand: A Political-Economic Conceptual Model
Governance by Indicators

Tim Büthe

Oxford University Press

This chapter introduces a political-economy model of the supply and demand for indicators. It notes that most indicators are used and supplied in political contexts that do not closely follow market guidelines, which means that the supply and demand illustrated in the model may be in long-term disequilibrium. It stresses that focusing only on the producers and users of indicators is insufficient, and provides a model that shows the four relevant groups of stakeholders, which can be applied to the private producers of indicators.

Keywords:   political-economy model, supply, demand, market guidelines, political contexts, long-term disequilibrium, stakeholders, private producers

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