How Much Transparency is Too Much?
Ever since the financial crisis erupted in 2008, there has been a call for “greater transparency” in financial services, and the same appeal has been used to force oil and mining companies to reveal their payments to governments of countries where they operate. But the recent Wikileaks imbroglio raises a key question: is greater transparency always good?
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PRINCETON – Transparency seems to be the word of the day in a wide array of policy domains. But is greater transparency always good?