Introduction7KH IDLOXUH LQ JRYHUQDQFH RI WKH SXEOLF RU FRUSRUDWH PDULWLPH VHFWRU LV HYLGHQFHG E\ WKH LQDGHTXDFLHV RI VKLSSLQJ RU SRUWV SROLF\ WR DGGUHVV WKH SUREOHPVRIHQYLURQPHQWDOVHFXUL
Trang 1Maritime Governance and Policy-Making : The Need
for Process Rather than Form
0LFKDHO52( *
Contents
,,QWURGXFWLRQ
,,*RYHUQDQFH)DLOXUH
LQWKH0DULWLPH6HFWRU
,,,)RUPYHUVXV3URFHVV
,93URFHVV
93ROLF\0DNLQJDQG3URFHVV 9,&RQFOXVLRQV
Abstract
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
7KLVSDSHUH[DPLQHVWKHUROHRISURFHVVLQSROLF\PDNLQJLQWKHPDULWLPH VHFWRUDQGKRZLVVXHVRIIOH[LELOLW\PRYHPHQWFKDQJHDQGWKHLQFUHDVLQJ VSHHGRIWKHVHFKDQJHVFDQEHDFFRPPRGDWHGLQDQHZJRYHUQDQFHIUDPHZRUN WKDWWDNHVDFFRXQWRIWKHFKDQJHVWKDWFRPHZLWKJOREDOLVDWLRQ
.H\:RUGV3ROLFLHV*RYHUQDQFH)RUP3URFHVV)ORZV'\QDPLVP
&RS\ULJKW7KH.RUHDQ$VVRFLDWLRQRI6KLSSLQJDQG/RJLVWLFV,QF3URGXFWLRQDQGKRVWLQJE\(OVHYLHU%9
$OOULJKWV5HVHUYHG3HHUUHYLHZXQGHUUHVSRQVLELOLW\RIWKH.RUHDQ$VVRFLDWLRQRI6KLSSLQJDQG/RJLVWLFV,QF
Trang 2I Introduction
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¶VQDWLRQDOO\YHU\ FRPPRQO\VWDWHGHILQHGOHJLVODWLYHDQGSROLF\DXWKRULWLHV1DWLRQDOIODJV QDWLRQDOO\GH¿QHGJOREDODXWKRULWLHVDQGQDWLRQDOPDULWLPHDGPLQLVWUDWRUVFDQ QRORQJHUHIIHFWLYHO\GHYHORSRULPSOHPHQWSROLFLHV
7HUULWRULDOK\SRFULV\LVDFKDUDFWHULVWLFRIPDULWLPHJRYHUQDQFHPDQLIHVWLQJ LWVHOILQWKHZD\WKDWWKHVKLSSLQJLQGXVWU\DWWHPSWVDQGODUJHO\VXFFHHGVWR WDNHDGYDQWDJHRIERWKLWVQDWLRQDODQGJOREDOIUDPHZRUN7KLVLVHYLGHQFHG E\WKHZLGHVSUHDGDEXVHRIPDULWLPHSROLFLHVWKURXJKÀDJVRIFRQYHQLHQFH WKHDSSOLFDWLRQRIQDWLRQDOWRQQDJHWD[UHJLPHVDQGWKHLQDGHTXDFLHVRI3RUW 6WDWH&RQWUROMXVWVRPHRIWKHZD\VVKLSSLQJFRUSRUDWLRQV¶WUDGHRIISROLFLHV DWQDWLRQDODQGJOREDOOHYHOWRDFKLHYHWKHEHVWRIERWKZRUOGVDQGWKHZRUVW IRUWKHHQYLURQPHQWVDIHW\VHFXULW\DQGFRPSHWLWLRQ
7KH UHVXOW LV FKDUDFWHULVHG E\ WHUULWRULDO SRURVLW\ ZKHUHE\ WKH LPSDFW RI QDWLRQDO ERUGHUV FDQ EH LPSRVHG DW ZLOO DQG WDNHQ DZD\ E\VKLSSLQJ FRUSRUDWLRQV WR PD[LPLVH SURILW ± HLWKHU LQ SUDFWLFH RU DW OHDVW E\ WKUHDW 1DWLRQDOWHUULWRU\QRORQJHUKDVWKHPHDQLQJLWRQFHKDGDQGJOREDOLVDWLRQKDV FUHDWHGDQLJKWPDUHIRUSROLF\PDNHUVFRQGHPQHGWRFRQWLQXHZRUNLQJZLWKLQ DQDWLRQDOO\GH¿QHGMXULVGLFWLRQDOIUDPHZRUNRIJRYHUQDQFH
*OREDOLVDWLRQ FHQWUHV XSRQ IORZV ± RI LQIRUPDWLRQ PDWHULDOV PRQH\ ODERXUHWF±DQG\HWSXEOLFPDULWLPHSROLFLHVDUHHVVHQWLDOO\VWDWLF±GHVLJQHG WRSURYLGHJRYHUQDQFHIRUWKHFRUSRUDWHPDULWLPHLQGXVWU\DWRQHSRLQWLQ WLPHIRUDGHILQHGVLWXDWLRQDQGODUJHO\ZLWKDQLQDELOLW\WREHIOH[LEOHWR DFFRPPRGDWHFKDQJH$WWKHVDPHWLPHSURFHVVHV±WKHPRYHPHQWRIPRQH\ LQIRUPDWLRQ PDWHULDOV ± GRPLQDWH WKH VHFWRU DQG HIIHFWLYH JRYHUQDQFH VWUXFWXUHVQHHGWRDFFRPPRGDWHWKLVG\QDPLVPZKLFKWDNHVOLWWOHDFFRXQW RIQDWLRQDOERUGHUVDQGZKLFKDFWDVDQDQWLWKHVLVWRWKHVWDWLFSROLFLHVWKDW
5RH
Trang 37KLVSDSHUH[DPLQHVWKHSUREOHPVIDFHGE\SROLF\PDNHUVLQWKH SXEOLF PDULWLPHVHFWRUWKHDOWHUQDWLYHVLQWKHIUDPHZRUNIRUJRYHUQDQFHWKDWPLJKW EH PDGH DYDLODEOH WKH FKDQJHV LQ VWUXFWXUH RI WKRVH LQYROYHG LQ SROLF\ PDNLQJDQGFRQFOXGHVZLWKLGHDVIRUWKHIXWXUHDVWRKRZWKHZKROHFRQFHSW RIPDULWLPHSROLF\PDNLQJPLJKWQHHGWREHUHFRQILJXUHGLIDGHTXDWHDQG HIIHFWLYHJRYHUQDQFHLVWREHDFKLHYHG
II Governance Failure in the Maritime Sector
0DULWLPHJRYHUQDQFHUHIHUVWRWKHRYHUDUFKLQJVWUXFWXUHVDQGUHODWLRQVKLSV WKDWGLUHFWFRQWURODQGLQÀXHQFHWKHVKLSSLQJDQGSRUWVVHFWRU7RVXJJHVWWKDW WKHUHLVDQ\QHHGIRUDFRQVLGHUDWLRQRIFKDQJHVLQPDULWLPHJRYHUQDQFHWKHUH QHHGVWREHDFDVHPDGHWKDWVRPHWKLQJDWSUHVHQWFRXOGEHLPSURYHG7KLVLV QRWGLI¿FXOW7KHUDQJHRIIDLOXUHWKDWPDULWLPHSROLF\LQLWLDWLYHVGLVSOD\VLV VXEVWDQWLDODQGLQFOXGHVDOPRVWDOODVSHFWVRIWKHLQGXVWU\±DOOVHFWRUVOLQHU EXONIHUU\DOODFWLYLWLHVVDIHW\WKHHQYLURQPHQWVHFXULW\DQGHI¿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
7KHUHKDVEHHQFRQVLGHUDEOHFRPPHQWDU\RQWKHVHSUREOHPVRIJRYHUQDQFH RYHUPDQ\\HDUV
DQGZKLOVWWKLVFDQQRWSURYLGHFRQFOXVLYHHYLGHQFHRIWKH VHYHULW\ RI WKHVH JRYHUQDQFH SUREOHPV LW LV LQGLFDWLYH WKDW WKLQJV DUH QRW
5RHDEFGDEDEFDE5RHDQG6HONRX6HONRX DQG5RH6OHWPRDE
Trang 4SHUKDSVDVVDWLVIDFWRU\DVPLJKWEHWKRXJKW7KLVLQWXUQUDLVHVWKHLVVXHDVWR ZK\WKHUHKDVEHHQVROLWWOHGHEDWHDERXWWKHLQDGHTXDFLHVRIPDULWLPHSROLF\ PDNLQJDQGWKHIXQGDPHQWDOJRYHUQDQFHSUREOHPVWKDWOLHEHKLQGWKHP,I SROLF\PDNLQJLVSUREOHPDWLFWKHQSHUKDSVVRPHWKLQJQHHGVWREHGRQH,Q IDFWWKHVWUXFWXUHRIPDULWLPHJRYHUQDQFHKDVUHPDLQHGWKHVDPHVLQFHWKH
V HVVHQWLDOO\ EDVHG XSRQ D IUDPHZRUN WKDW ZDV GHYHORSHG IURP WKH
VZKLFKLQWXUQZDVEDVHGXSRQQDWLRQVWDWHUHODWLRQVKLSVWKDWHPHUJHG ZLWKWKH7UHDW\RI:HVWSKDOLDLQ,VLWQRWWLPHWKDWFKDQJHLVDWOHDVW FRQVLGHUHG"
0DULWLPHJRYHUQDQFHDQGDVDFRQVHTXHQFHPDULWLPHSROLF\PDNLQJKDVD QXPEHURIIXQGDPHQWDOFKDUDFWHULVWLFVWKDWGH¿QHLWVRSHUDWLRQDQGVWUXFWXUH DQGZKLFKLQWXUQKDYHDPDMRUHIIHFWXSRQZKDWFDQEHDFKLHYHGDQGE\ ZKRPDQGLWVHIIHFWLYHQHVVXSRQVKLSSLQJFRUSRUDWLRQV7KHVHFKDUDFWHULVWLFV FDQEHVXPPDULVHGDVIROORZV
1DWLRQEDVHGWKHVLJQL¿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ÀXHQFHWKDWQDWLRQEDVHGGHFLVLRQPDNLQJ FDQKDYHRYHUDJOREDOLVHGVHFWRUFDQEHHUUDWLFDQGDWWLPHVLQHIIHFWLYH7KH VKLSSLQJLQGXVWU\XVHVWKLVFRQÀLFWEHWZHHQJOREDOLVDWLRQDQGGRPHVWLFLW\WR LWVDGYDQWDJHWUDGLQJRIIRQHMXULVGLFWLRQDJDLQVWDQRWKHUDQGLQYROYLQJLWVHOI DWWKHGLIIHUHQWOHYHOVDVDQGZKHQLWVHHVLWWREHEHQH¿FLDO
,QVWLWXWLRQDOO\ GHILQHG PDULWLPH JRYHUQDQFH DQG WKH GHYHORSPHQW DQG LPSOHPHQWDWLRQRIPDULWLPHSROLFLHVDUHLQVWLWXWLRQDOO\EDVHG±DQGGHULYHG IURPLQVWLWXWLRQVWKDWUHÀHFWLQGXVWULDODQGSROLF\QHHGVRIWKHHDUO\WZHQWLHWK FHQWXU\ ZKHQ JOREDOLVDWLRQ ZDV IDU OHVV VLJQLILFDQW7KHVH LQVWLWXWLRQV ± IRU H[DPSOH WKH ,02 81&7$':RUOG7UDGH 2UJDQLVDWLRQ :72 WKH (8&RPPLVVLRQ$6($1HWF±DUHQRZLQPDQ\ZD\VQRORQJHU¿WIRUWKH WDVNVWKH\DUHVXSSRVHGWRSHUIRUPDVWKH\UHIOHFWDQDWLRQDOGRPLQDWLRQRI MXULVGLFWLRQDOLQWHJULW\WKDWLVLQDSSURSULDWHIRUDQLQFUHDVLQJO\JOREDOVKLSSLQJ
Trang 5LQGXVWU\+RZHYHUWKHUHLVQRGHEDWHDERXWKRZWKHVHLQVWLWXWLRQVPLJKWDGDSW RUEHUHSODFHG$VDUWLILFLDOFRQVWUXFWVRIDZRUOGVHHNLQJJRRGJRYHUQDQFH WKH\DUHDQDFKURQLVWLF0DQ\PDULWLPHSROLF\IDLOXUHVFDQEHWUDFHGEDFNWR DFRPELQDWLRQRIRXWGDWHGLQVWLWXWLRQVGRPLQDWHGE\LQHIIHFWXDOQDWLRQVWDWH PHPEHUV
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¿FDQFH RIWKHPHGLDSROLWLFLDQVLQWHUHVWJURXSVRIDOOW\SHVDQGPDQ\PRUHLISROLF\ PDNLQJLVWREHPHDQLQJIXO
6KLSRZQHUV VKLSRZQHUV DUH KLJKO\ VLJQLILFDQW VWDNHKROGHUV LQ PDULWLPH SROLF\PDNLQJ DQG VKRXOG IRUP D FHQWUDO SODQN RI PDULWLPH JRYHUQDQFH +RZHYHUWKHLUSUHVHQWLQÀXHQFHLVVRVLJQL¿FDQWDVWRRYHUZKHOPPDQ\RWKHU LQWHUHVWHG SDUWLHV ZLWK JHQXLQH VWDNHV7KH PXOWLWXGH RI WRQQDJH WD[DWLRQ UHJLPHVWKDWKDYHEHHQDGRSWHGLVDQH[DPSOHZKHUHUHODWLYHO\SURILWDEOH VKLSSLQJFRPSDQLHVKDYHJDLQHGVWDWHVXEVLGLHVWKURXJKSUHIHUHQWLDOWD[DWLRQ DZDUGHG E\ QDWLRQVWDWHV GHVSHUDWH WR UHWDLQ D SVHXGRGRPHVWLF VKLSSLQJ LQGXVWU\7RUHPDLQFRPSHWLWLYHRQHFRXQWU\DIWHUDQRWKHUKDVLQWURGXFHGD FRQFHVVLRQDU\VFKHPHRIWKLVVRUWWKHOLNHRIZKLFKLVJHQHUDOO\XQDYDLODEOH IRUDQ\RWKHUVSHFL¿FLQGXVWULDOVHFWRU*OREDOLVDWLRQKDVHQDEOHGVKLSRZQHUV WR WUDGH RII QDWLRQV DJDLQVW HDFK RWKHU WR REWDLQ WKLV W\SH RI FRQFHVVLRQ 7KHUROHRIQDWLRQDOIODJUHJLVWHUVLVVLPLODULQSURYLGLQJRSSRUWXQLWLHVIRU VKLSRZQHUVWREDUJDLQWKHLUÀHHWUHJLVWUDWLRQEHWZHHQFRXQWULHV
)RUP DQG SURFHVV PDULWLPH SROLFLHV KDYH WUDGLWLRQDOO\ EHHQ GHVLJQHG VWDWLFDOO\UDWKHUWKDQG\QDPLFDOO\IRFXVVLQJXSRQIRUPUDWKHUWKDQSURFHVV 7KHVKLSSLQJLQGXVWU\DQGLWVRSHUDWLQJHQYLURQPHQWLVKLJKO\G\QDPLFDQG WKH SUREOHPV DGGUHVVHG E\ SROLFLHV QHHG WR EH GHVLJQHG DURXQG G\QDPLF JRYHUQDQFHLIWKH\DUHWREHHIIHFWLYH3ROLFLHVDUHWUDGLWLRQDOO\³VQDSVKRW´ UHOHYDQWWRRQHPRPHQWLQWLPHDQGLQFUHDVLQJO\DQDFKURQLVWLFHYHQEHIRUH LPSOHPHQWDWLRQ:KLOVWWKHGHYHORSPHQWRIG\QDPLFJRYHUQDQFHPD\ZHOO
Trang 6¿HOGVDOUHDG\±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¿FDQWFKDUDFWHULVWLFVZKLFKZLOOEHFRQVLGHUHGLQWKLVSDSHU,QVWHDGLWLV WKHQDWXUHRISROLFLHVDQGWKHFRQWLQXHGIRFXVRQVWDWLFUDWKHUWKDQG\QDPLF PHDVXUHVWKDWZLOOEHDGGUHVVHGXSRQIRUPUDWKHUWKDQSURFHVVDQGXSRQ WKHQHHGWRGHYHORSPDULWLPHJRYHUQDQFHDQGSROLF\PDNLQJVRWKDWLWFDQ DFFRPPRGDWHFKDQJHUDWKHUWKDQIL[DWLRQLQLWVFRQVLGHUDWLRQRIWKHZLGHU UHVSRQVLELOLWLHVWKDWH[LVW
III Form versus Process
7KHPDULWLPHLQGXVWU\LVQRWKLQJLIQRWG\QDPLF6KLSSLQJLVGRPLQDWHG E\ PRYHPHQW RI LWV PDLQ SK\VLFDO DVVHWV EXW LQ DGGLWLRQ WR WKLV WKH YHU\ QDWXUHRIWKHVHFWRULVSHUVLVWHQWO\RQHRIFKDQJHLQFOXGLQJLWVLPSDFWRQWKH HQYLURQPHQWWKHFRQWLQXRXVWKUHDWRIVDIHW\IDLOLQJVWKHDFWLYLW\RILVVXHV HPDQDWLQJIURPVHFXULW\WKUHDWVWKHVDOHDQGSXUFKDVHRIFRPPRGLWLHVDQG YHVVHOVWKHWUDQVIHURIODERXUDVVHWVWKHUHUHJLVWUDWLRQRIVKLSVWKHHYHU LQFUHDVLQJVFHQDULRRIÀDJKRSSLQJDQGPXFKHOVH$OODVSHFWVRIWKHLQGXVWU\ DUHDIIHFWHGWRDJUHDWHUH[WHQWWKDQPDQ\RWKHUVUHIOHFWLQJWKHLQWHQVLW\WR ZKLFKLWLVLQÀXHQFHGE\JOREDOLVDWLRQDQGWKHFRQWULEXWLRQRIWKHPDULWLPH VHFWRUWRWKHSURFHVVRIJOREDOLVDWLRQLWVHOI
$W WKH VDPH WLPH PDULWLPH SROLF\PDNLQJ UHPDLQV VWDWLF &KDUDFWHULVHG E\DJRYHUQDQFHSURFHVVWKDWLVORFNHGZLWKLQDQDQDFKURQLVWLFLQVWLWXWLRQDO
&RPPLVVLRQRIWKH(XURSHDQ&RPPXQLWLHV
Trang 7IUDPHZRUN DQG DQ XQFKDQJLQJ QDWLRQVWDWH GRPLQDWLRQ WKH SROLFLHV WKDW HPHUJHDUHDOPRVWZLWKRXWH[FHSWLRQVWDWLFDOO\REVHVVHG¿[HGXQWLOWKHQH[W SROLF\UHYLHZFRPHVURXQG7KLVLVH[HPSOL¿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ÀHFWWKHPRYHPHQWWKDW FKDUDFWHULVHVWKHLQGXVWU\
:KLOVW WKH PDULWLPH VHFWRU LV QRW DORQH LQ SRVVHVVLQJ D JRYHUQDQFH IUDPHZRUNZKLFKLVGLUHFWHGWRZDUGVDVLQJOHVWDWHUDWKHUWKDQDFFRPPRGDWLQJ SURFHVVHV RI FKDQJH LW LV PRUH VHYHUHO\ DIIHFWHG EHFDXVH RI LWV LQKHUHQW FKDUDFWHULVWLFV 1RW OHDVW RI WKHVH LV WKH RSSRUWXQLW\ DIIRUGHG WR VKLSSLQJ LQGXVWU\VWDNHKROGHUVRZQHUEURNHUVDJHQWVDQGWKHOLNHWRWDNHDGYDQWDJH RIWKHFKDVPWKDWH[LVWVEHWZHHQVWDWLFSROLFLHVDQGWKHUHDOOLIHQDWXUHRI G\QDPLFLQGXVWULDODFWLYLW\([DPSOHVDERXQG±ÀDJKRSSLQJWKHDEXVHRIWKH SRUWVWDWHFRQWUROV\VWHPWKHUROHWKDWWRQQDJHWD[DWLRQSOD\VLQQDWLRQDOWUDGH RIIVEHWZHHQMXULVGLFWLRQVWKHPRYHPHQWRIVKLSSLQJFRPSDQLHVEHWZHHQ ILQDQFLDODQGOHJDODGPLQLVWUDWLRQVWRDYRLGSHQDOWLHVWKDWRWKHUZLVHPLJKW EH LQFXUUHG DUH MXVW VRPH:KLOVW WKH DLPV RI PDULWLPH SROLF\PDNLQJ DUH FRPPRQO\ODXGDEOHLWVVWDWLFQDWXUHPDNHVLWVHIIHFWLYHDSSOLFDWLRQGLI¿FXOW
IV Process
³2WKHUV ZKR VHHPHG WR OLYH LQ D PRVW FXULRXV FRQGLWLRQ RI FRQVFLRXVQHVVDVLIWKHVWDWHWKH\KDGDUULYHGDWWRGD\ZHUH¿QDOZLWK QRSRVVLELOLW\RIFKDQJHRUDVLIWKHZRUOGDQGWKHSV\FKHZHUHVWDWLF DQGZRXOGUHPDLQVRIRUHYHU´&DUO-XQJ³0DQDQG+LV6\PEROV´
7KH*UHHNVVXJJHVWHGWKDWH[SHULHQFHSUHVHQWVHYHU\RQHLQFOXGLQJSROLF\
Trang 8PDNHUV ZLWK ZKDW WKH\ WHUPHG IOX[ 7KH GLIILFXOW\ ZDV WR XQGHUVWDQG WKHµHQGXULQJXQFKDQJLQJHQWLWLHV¶EHKLQGWKLVIOX[ZKLFKKDG WRFRQWDLQ HOHPHQWVRIERWKVWDELOLW\DQGFKDQJH7KHUHKDYHDOVREHHQSUREOHPVZLWK DFFRPPRGDWLQJ G\QDPLVP LQ WKH DQDO\VLV RI ZKDW VHHPLQJO\ ZHUH IL[HG VWUXFWXUHVDQGPDULWLPHSROLFLHVDUHQRWH[HPSWIURPWKLV7KHDQDO\VLVRI FXUUHQWGHYHORSPHQWVLQSROLF\PDNLQJDVµVQDSVKRWV¶DQGWKHLQDGHTXDFLHV WKLVUHSUHVHQWVKDVEHHQKLJKOLJKWHGLQJHQHUDOIRUPE\DODUJHQXPEHURI FRPPHQWDWRUV
EXWWKHDEVHQFHRIVSHFL¿FUHIHUHQFHWRWKHVHLQDGHTXDFLHVLQ WKHPDULWLPHSROLF\DQGJRYHUQDQFHOLWHUDWXUHLVQRWDEOH0DULWLPHJRYHUQDQFH QHHGV WR DGGUHVV WKH FRQFHUQV RI VRFLDO VFLHQFH¶V SURFHVV ODZV 6KRWWHU FRQFXUV±SROLFLHVDUHQRW³VWDWLFJHRPHWULFVWUXFWXUHVVXEMHFWRQO\WRFKDQJHV RI FRQILJXUDWLRQ DQG UHDUUDQJHPHQW´ EXW QHHG WR EH YLHZHG DV ³G\QDPLF VWDELOLWLHVSURGXFHGZLWKLQDFRQWLQXRXVÀRZRIFRQGXFW´
7KHGH¿QLWLRQRISURFHVVLVLQFRQVLVWHQWEXWLQYDULDEO\LQYROYHVDWOHDVWRQH RIFKDQJHWLPHDQGG\QDPLVP7KHOLWHUDWXUHGLVFXVVLQJSURFHVVFKDQJH DQGJRYHUQDQFHLVVXEVWDQWLDOEXWUDUHO\LIHYHUUHIHUVGLUHFWO\WRWKHPDULWLPH VHFWRU:H PXVW WKHUHIRUH ERUURZ IURP HOVHZKHUH %ODXW EHOLHYHG WKDW
³HYHU\WKLQJ LV SURFHVV´ DOWKRXJK VRPHWLPHV YHU\ VORZ VRPHWKLQJ ZLWK ZKLFK9RQ%HUWDODQII\DJUHHGVHHLQJ³DOOVWUXFWXUHVDVVORZSURFHVVHVRI ORQJGXUDWLRQ´6FKDHIHU
FRQVLGHUHGWKDWDOOPDWXUHVRFLDOVFLHQFHGHSHQGHG RQ³SURFHVVODZV´
3UHG FRQVLGHUHG OLIH DV D ³FRPSRVLWH RI VLPXOWDQHRXV GLYHUVLW\ DQG VXFFHVVLYHYDULDWLRQRIXQIROGLQJSURFHVVHV«´+DUYH\HPSKDVLVHG WKDW D WHPSRUDO IUDPHZRUN ZDV DOZD\V QHHGHG WR XQGHUVWDQG WKH VSDWLDO FRQWH[WDQGWKDWWKH³UHDOLW\´RIDQ\HOHPHQWZLWKLQDQ\V\VWHPLVDOZD\V WLPHGHSHQGHQW%HUU\FRPPHQWHGWKDW³WRVHHNDQ\¿[HGWKLQJVLVWRGHDO LQIDOVHLPDJLQDWLRQV´0DULWLPHSROLF\LVQRWH[HPSW±&DVWHOO¶VLQIRUPDWLRQ ÀRZVDUHFHQWUDO+DUYH\¶VWHPSRUDOUHDOLW\IXQGDPHQWDODQG%HUU\¶VDYHUVLRQ WRIL[LW\UHDOLVWLF%XOOLPHUVWUHVVHGWKDWDOOPDQNLQG¶VDFWLYLWLHVVRXJKW ORFDWLRQLQWLPHDQGWKLVH[WHQGVWRSROLF\PDNLQJDQGWKHPDULWLPHVHFWRU
9RJWS
%XOPHU3LHUVRQ
6KRWWHUS
%ODXW
9RQ%HUWDODQII\S
6FKDHIHUS
3UHGS
+DUYH\
%HUU\S
%XOOLPHUS
Trang 9+DUWVKRUQHFRPPHQWDWHGRQWKHVLJQLILFDQFHRIWKHWUDGLWLRQDOQHJOHFWRI WLPHLQFRPSDULVRQZLWKVSDFHDQGDOWKRXJKZULWWHQLQDJHRJUDSKLFDOFRQWH[W KLV DQDO\VLV RI WKH ZRUN RI 6SHWKPDQQ ZDV SDUWLFXODUO\ SHUWLQHQW LQ LWV HPSKDVLVRIWKHQHHGIRUDG\QDPLFRYHUDVWDWLFDSSURDFK7KLVZDVWKHRQO\ ZD\WRJDLQD³SURSHUXQGHUVWDQGLQJ´RIWKHSUHVHQWDQGWKHSURFHVVHVWKDW XQGHUOLHWKH³HOXVLYHWUDQVIRUPDWLRQV´WKDWFRQWLQXRXVO\WDNHSODFH
%HUU\ VXJJHVWV WKDW LW LV LPSRUWDQW WR WDNH D G\QDPLF DSSURDFK LQ FRQVLGHULQJDSDUDGLJPIRUJHRJUDSK\ZKLFKZLWKLWVVSDWLDODQGFRPPHUFLDO FKDUDFWHULVWLFVLVFOHDUO\UHOHYDQWIRUWKHVKLSSLQJVHFWRU$VWDWLFDSSURDFKLV LQDGHTXDWHWRLQWHUSUHWWKHFDXVDOSURFHVVHVWKDWXQGHUOLHWKHVSDWLDOSDWWHUQV WKDWDPRQJVWRWKHUVDQ\WUDQVSRUWDFWLYLW\LQFOXGLQJVKLSSLQJGLVSOD\V
*HUWOHU
VXPPDULVHG
³WKH« GLDOHFWLF RI IL[LW\ DQG IOXLGLW\« RSHUDWHV LQ D WHPSRUDO VHQVH DV ZHOO+HQFH¿UPVPXVWFRPPLWDJRRGGHDORIFDSLWDOWRVRPH¿[HGIRUPLQ RUGHUWRKDYHDPHDQVRISURGXFWLRQ<HWDWWKHVDPHWLPHWKH\PXVWUHWDLQ WKHUHVRXUFHVDQGSRZHUVWRDGMXVWWRFKDQJHDVWKH\FDQQHYHUSRVVHVVIXOO FHUWDLQW\DERXWIXWXUHFRQGLWLRQVRIVXSSO\DQGGHPDQG´
0HHQWPH\HU FRQVLGHUHG WKDW DQ\ UHOHYDQW VSDFH LQFOXGLQJ VKLSSLQJ SROLF\LVGH¿QHGE\LWVSURFHVVHV±IRUH[DPSOHSROOXWLRQGLVSHUVDOODERXU LPPLJUDWLRQÀRZRIFRPPRGLWLHVRUPRQH\HWF3URFHVVHVDQGWKHUDWHVRI SURFHVVGH¿QHWKHVFDOHRIWKHSROLF\LVVXH7KHYDOXHZKLFKFDQEHDWWDFKHG WR D SROLF\ SKHQRPHQRQ LV GHILQHG E\ FDXVDO SURFHVVHV )RU H[DPSOH WKH UHODWLRQVKLSEHWZHHQJOREDOODERXUVXSSO\DQGLOOHJDOLPPLJUDWLRQLVFRPSOH[ DQGGHWHUPLQHGDWOHDVWLQSDUWE\WKHUDWHRISURFHVVDQGWKHVSDWLDOVFDOHRI WKHSKHQRPHQDZKLFKLQWXUQDUHGHWHUPLQHGE\WKHLUVSHHGDQGGLUHFWLRQRI ÀRZ
7KLVLVSDUWLFXODUO\SHUWLQHQWIRUVKLSSLQJJRYHUQDQFH&DVWHOOVDQG3RUWHV
FRQVLGHUHG ZKDW WKH\ WHUPHG WKH µLQIRUPDO HFRQRP\¶ ± IXQGDPHQWDOO\ LPSRUWDQWOLQNDJHVWKDWDFWXDOO\PDNHWKHµIRUPDOHFRQRP\¶ZRUNDQGZKLFK DUHVXEVWDQWLYHLQVKLSSLQJDVPXFKDVDQ\ZKHUH7KLVLQIRUPDOHFRQRP\ QHHGVWREHXQGHUVWRRGDV³DSURFHVVUDWKHUWKDQDQREMHFW´
+DUWVKRUQHS
6SHWKPDQQ
%HUU\S
*HUWOHUS
0HHQWPH\HUSS
&DVWHOOVDQG3RUWHVS
Trang 10'HU 'HULDQ
WRRN D 3RVWPRGHUQ YLHZ RI LQWHUQDWLRQDO UHODWLRQV DQG SROLF\PDNLQJDSSOLFDEOHWRWKHJOREDOVKLSSLQJLQGXVWU\+HVXJJHVWHGWKDW
³FKURQRORJ\VKRXOGEHHOHYDWHGRYHUJHRJUDSK\SDFHRYHUVSDFH´,QWKHVDPH
\HDU'\FNIHOWWKDW³UXOHVDQGUHVRXUFHVDUHQRWVWDWLFEXWDUHWKHPHGLD RISURGXFWLRQDQGUHSURGXFWLRQRISUDFWLFHV´±VRPHWKLQJFOHDUO\DSSOLFDEOH WRVKLSSLQJZKHUHHIIHFWLYHJRYHUQDQFHUHTXLUHVUXOHVWREHUHÀHFWLYHRIWKH FKDQJLQJPHGLXPRILQGXVWULDODQGFRPPHUFLDOSUDFWLFH
1HR DQG &KHQ ZHUH FRPPLWWHG WR WKH LGHD RI G\QDPLF JRYHUQDQFH VXJJHVWLQJ WKDW HYHQ LI WKH VHOHFWLRQ RI SROLFLHV ZDV PDGH ZLWK JRRG LQWHQWLRQVVWDWLFJRYHUQDQFHZRXOGLQHYLWDEO\OHDGWRVWDJQDWLRQDQGGHFD\ HVSHFLDOO\LQWKHXQSUHGLFWDEOHDQGYRODWLOHJOREDOLVHGZRUOGW\SLFDORIWKH PDULWLPHVHFWRU3ROLFLHVQHHGWREHFHQWUHGDURXQGSURFHVVHVWKDWDUHDJLOH VXVFHSWLEOHWRUHGHVLJQDQGFUHDWLYLW\
V Policy-Making and Process
4XLWH FOHDUO\ WKH QRWLRQ RI SURFHVV QHHGV WR EH LQWULQVLF WR PDULWLPH JRYHUQDQFH3ROLFLHVIRUWKHPDULWLPHVHFWRUVKRXOGUHIOHFWWKHG\QDPLVP LQKHUHQWZLWKLQVKLSSLQJDQGWKHLVVXHVWKDWWKHVHSROLFLHVDUHGHVLJQHGWR DGGUHVV7KH\FXUUHQWO\DUHVWDWLFLQIRUPDQGDFRQVHTXHQFHRIWKLVLVWKH FOHDUO\LGHQWL¿DEOHIDLOXUHVLQPDULWLPHSROLF\
7KHLQWHUHVWLQSURFHVVDQGSROLF\PDNLQJFDQEHVHHQLQPDQ\VHFWRUV :DOW DQG *LOVRQ UHJUHWWHG WKH RYHUHPSKDVLV RI WKH 8. KHDOWK VHUYLFH XSRQ DFWRUV DQG FRQWHQW UDWKHU WKDQ SURFHVVHV LQ SROLF\ IRUPXODWLRQ DQG DSSOLFDWLRQ&DVWHOOVFDUULHGRXWH[WHQVLYHZRUNRQWKHVSDFHRIÀRZVDQG WKHLUUHODWLRQVKLSEHWZHHQSURFHVVDQGSROLF\DSSOLHGWRXUEDQDQGUHJLRQDO GHYHORSPHQW6FKODJHUDQG%ORPTXLVW6DEDWLHUDQG6XWWRQDUHRWKHU H[DPSOHV7KLVLQFUHDVHLQLQWHUHVWLVDOVRWKHFDVHLQWKHPDULWLPHVHFWRU ZKHUH%DLUGSURYLGHVDQH[DPSOHLQPDULWLPHSROLF\PDNLQJDVDSSOLHGWR
'HU'HULDQS
'\FNS
1HRDQG&KHQSS
:DOWDQG*LOVRQS
&DVWHOOV
6FKODJHUDQG%ORPTXLVW
6DEDWLHUS
6XWWRQ
%DLUGSS
... RIPDULWLPHSROLF\PDNLQJPLJKWQHHGWREHUHFRQILJXUHGLIDGHTXDWHDQG HIIHFWLYHJRYHUQDQFHLVWREHDFKLHYHGII Governance Failure in the Maritime Sector
0DULWLPHJRYHUQDQFHUHIHUVWRWKHRYHUDUFKLQJVWUXFWXUHVDQGUHODWLRQVKLSV... DFFRPPRGDWHFKDQJHUDWKHUWKDQIL[DWLRQLQLWVFRQVLGHUDWLRQRIWKHZLGHU UHVSRQVLELOLWLHVWKDWH[LVW
III Form versus Process< /b>
7KHPDULWLPHLQGXVWU\LVQRWKLQJLIQRWG\QDPLF6KLSSLQJLVGRPLQDWHG... FRPPRQO\ODXGDEOHLWVVWDWLFQDWXUHPDNHVLWVHIIHFWLYHDSSOLFDWLRQGLI¿FXOW
IV Process< /b>
³2WKHUV ZKR VHHPHG WR OLYH LQ D PRVW FXULRXV FRQGLWLRQ