New Directions In Global Economic Governance

This title was first published in 2001. Containing a wide array of intellectual perspectives, this illuminating text takes an authoritative look at the rules, decision-making procedures and organizational resources at the heart of the institutions of global governance and provides a much-needed Asian perspective on key issues, dealing with new questions raised at the Okinawa summit. Particularly suitable for graduate courses in political science, international political economy, international organizations, corporate strategy and international business, as well as having implications for the public policy community.

Focused on politics and security, this volume extends the G8 and Global Governance series into the domain of international security in both its classic and newer forms. Going beyond the conventional focus on globalization, it takes up the central question of shaping international order, looking at the emergence of several important phenomena including: - The advent of human security - The global importance of once deeply domestic security issues - Enhanced demands for civil society participation Sections on Japan's perspective on the G8 and international order, critical issues in global security governance and the role of international institutions and American leadership therein, make this a distinctive account of international security in the 21st century.

In light of new global challenges for international cooperation and coordination, such as the revival of protectionism, surge of populism, or energy-related issues, this volume highlights possible scenarios for the future of Global Economic Governance (GEG). The contributing authors analyze the substance of GEG as a normative framework for resolving collective action issues and promoting cross-border co-ordination and co-operation in the provision or exchange of goods, money, services and technical expertise in the world economy. Furthermore, the book examines drivers of fundamental shifts in global economic steering and covers topics such as power and authority shifts in the global governance architecture, technological and energy-related challenges, and the role of the G20 and BRICS in shaping global economic governance. “This book provides a very timely and nuanced account of the challenges facing the established global order.” Andrew F. Cooper (Professor of Political Science at the University of Waterloo) “This valuable collection from a new generation of innovative scholars of global economic governance offers insights from a broad range of theoretical approaches to the central policy issues of the day” John Kirton (Director of the Global Governance Program, Munk School of Global Affairs, University of Toronto)

Annotation eTransformation in Governance: New Directions in Government and Politics is about transformation in government and governance due to the information society development. It provides conceptual clarification of the e-transformation in governance, and presents empirical findings on the recent developments in western countries. This book provides innovative and fresh views to recent developments and practices of e-governance.

As the debate over global governance heats up, Approaches to Global Governance Theory offers a guide to this new terrain. The contributors advocate approaches to global governance that recognize fundamental political, economic, technological, and cultural dynamics, that engage social and political theory, and that go beyond conventional international relations theory. We are offered here a guide to this new terrain. Beginning with a chapter tracing the emergence of global governance analysis in the 1990s, Approaches to Global Governance Theory also responds to alternative theoretical conceptions. James N. Rosenau explores the ontology of global governance. In addition, Robert Latham develops a critique of Rosenau's thinking, while Michael G. Schechter examines the limits of the Commission for Global Governance's widely-publicized 1995 report and Ronen Palan asks critically, "Who is to be governed by global governance?" Other chapters develop analyses of global governance phenomena. Technological change is addressed by Karen T. Litfin, on environmental satellites, and Edward A. Comor, on broadcast satellites. M. Mark Amen examines developments in credit, and shifts in political identity are mapped by Yale H. Ferguson and Richard W. Mansbach. Also, developments in information and knowledge are considered by Tony Porter. In addition, chapters advocate new directions for global governance analysis. Timothy Sinclair suggests a focus on the level of the commonplace, Martin Hewson proposes long-term analysis of world order informationalism, and Ronnie D. Lipschutz makes a case for the importance of global civil society.

Since the summer of 2007, the world scenario has been dominated by the US sub-prime mortgage crisis and its repercussions on global financial markets and economic growth. As banks around the world wrote down their losses and governments intervened to rescue domestic financial institutions, financial distress severely hit the real economy leading to what has been widely defined as the worst recession since the 1930s. Under these conditions, along with the immediate concern for stemming the effects of the crisis, policy-makers around the world have been debating the long-term measures that have to be adopted in order to reduce the likelihood of future crises and to ensure stable economic growth. Although this debate has not yet produced significant transformations, it indicates a renewed concern about the institutional architecture that is meant to govern the global economic and financial system. This book tackles the issue of what the governance of the global economic and financial system looks like and what the prospects for its reform are. Specifically, the book will address the following three main themes: Governance: What is governance in the international economic system? What forms does it take? How did it come about? How can we study it?; Functions of governance: What are the functions of global economic governance? Who performs them? What are the rules and mechanisms that make global governance possible? Problems and prospects of governance: What are the problems in global economic governance? Is there a trade-off between legitimacy and efficiency? What are the prospects for reform of global economic governance in the aftermath of the global financial crisis? This book will: _ Provide a thorough analysis of the issues at stake in designing international rules and institutions able to govern the global economy; _ Illustrate and analyze virtually all the main institutions, rules, and arrangements that make up global economic governance, inscribing them within the function these institutions, rules, and arrangements are meant to perform; _ Discuss the problems that affect today’s global economic governance and assess alternative proposals to reform the international financial architecture.

Traditional understandings of economic development in low- and mid-income countries have largely been influenced by the economic narrative of Western Official Development Assistance (ODA). Within this framework, compliance with macroeconomic orthodoxy and early integration in Global Economic Governance (GEG) regimes are presented as enabling conditions to reach enhanced and sustainable levels of economic growth and social betterment. Yet, this narrative often fails to answer fundamental questions surrounding relational dynamics between the economies of ODA beneficiary countries and the GEG regimes they are asked to join. Bringing together contributions by Government officials, academics and development practitioners, this edited volume explores quantitative and qualitative approaches to socio-economic analysis in low- and mid-income countries, highlighting the conditions under which international economic policies and institutions can foster – or hinder – their socio-economic growth. In particular, contributions address the impact of both West and China-inspired international economic regimes on value-adding capacity, trade, investments, job creation and social development, thus advancing the debate on what policy and legal provisions should low- and mid-income countries adopt in order to maximize the benefits and minimize the costs deriving from joining international economic regimes. A comprehensive investigation of both sides of the Global Economic Governance and Human Development relationship; this book will interest scholars, practitioners and graduate students working in the areas of international relations, international political economy, global governance, international economics, development studies and human security.

Today's world is crowded with international laws and institutions that govern the global economy. This post-World War II accumulation of hard multilateral and soft plurilateral institutions by no means constitutes a comprehensive, coherent and effective system of global economic governance. As intensifying globalization thrusts many longstanding domestic issues onto the international stage, there is a growing need to create at the global level the more comprehensive, coherent and effective governance system that citizens have long taken for granted at home. This book offers the first comprehensive look at this critical question of international relations. It examines how, and how well, the multilateral organizations and the G8 are dealing with the central challenges facing the contemporary international community, how they have worked well and poorly together, and how they can work together more effectively to provide badly needed public goods. It is an ideal reference guide for anyone interested in institutions of global governance.