The Power of Transparency

Information by itself is not power. But it is an essential first step to the exercise of political and economic power. Opening up flows of information changes who can do what. That is why there are few more important struggles in the world today than the battle over who gets to know what.
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But the debate over transparency and access to information is more than a power struggle. It is also a war of ideas about what transparency is good for and when secrecy may better serve the public interest. This is no trivial or arcane debate. The arguments for and against transparency reflect fundamental issues about the nature of democracy, good governance, economic efficiency, and social justice, at levels ranging from villages to global institutions.

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The International Monetary Fund (IMF) levies ‘surcharges’ or extra fees on member countries that either
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