Transparency and accountability

Transparency is defined as a flow of relevant, timely, and reliable information, information in the economic, financial, social, institution, and political arenas, which is accessible to all relevant stakeholders. When it's clunky and not accessible, it is sometimes referred to as "zombie transparency". Despite efforts towards more transparency, there is some narrowing of civic space as a means of accountability. Additionally, transparency alone cannot solve these issues, e.g. if rule of law is absent. The EITI standard focuses on: who owners are; what the contract say; and the how much the revenues are. This transparency also needs to occur on a project-by-project basis. In particularly, transparency of this sort can help discover elite capture or state capture, or the corruption of public resources biased towards the few with great wealth. 

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