How transnational environmental advocacy networks socialize international financial institutions: a case study of the international finance corporation

Park, Susan 2005, How transnational environmental advocacy networks socialize international financial institutions: a case study of the international finance corporation, Global environment politics, vol. 5, no. 4, pp. 95-119.

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Title How transnational environmental advocacy networks socialize international financial institutions: a case study of the international finance corporation
Author(s) Park, Susan
Journal name Global environment politics
Volume number 5
Issue number 4
Start page 95
End page 119
Publisher MIT Press
Place of publication Cambridge, Mass.
Publication date 2005-11
ISSN 1526-3800
Summary Environmental organizations, characterized here as transnational advocacy networks, use various strategies to "green" international financial institutions (IFIs). This article goes beyond analyzing network strategies to examine how transnational advocacy networks reconstitute the identity of IFIs. This, it is argued, results from processes of socialization: social influence, persuasion and coercion by lobbying. A case study of the International Finance Corporation (IFC), as a member of the World Bank Group, is used to analyze how an IFI internalized sustainable development norms. The IFC finances private enterprise in developing countries by providing venture capital for private projects. Transnational advocacy networks socialized the IFC through influencing its projects, policies and institutions via direct and indirect interactions to the point where the organization now sees itself as a sustainable development financier. This article applies constructivist insights to the greening process in order to demonstrate how socialization can reshape an IFI's identity.
Language eng
Field of Research 160607 International Relations
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2005 Massachusetts Institute of Technology
Persistent URL http://hdl.handle.net/10536/DRO/DU:30003476

Document type: Journal Article
Collection: School of International and Political Studies
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