As the world becomes increasingly globalized, the need for governments to continually cooperate to achieve global objectives has become irreversible. This book looks critically at global governance structures in the economic and social field in order to understand what has been done and what can be done better. A close look at the United Nations relationship with development cooperation and the provision of global public goods, provides a thorough understanding of the current status of the world's premier global governance structure. Additionally, analyses of official development assistance and the role of multilateral development banks cast a wider net to demonstrate the growing need for global cooperation and development beyond the borders of the UN. These six chapters have been written at a pivotal moment in global governance initiatives, when the Post-2015 UN Development Agenda is drawing international development into a new era. As this new agenda shifts the future of global development initiatives and increasingly relies on civil society, non-state actors, and regional and local governments to fulfil the sustainable development goals, how will international cooperation and development institutions be changed? And how can we make sure that these initiatives and institutions are innovating for the better?
Since the UN's creation in 1945 a vast nexus of global and regional institutions has evolved, surrounded by a proliferation of non-governmental agencies and advocacy networks seeking to influence the agenda and direction of international public policy. Although world government remains a fanciful idea, there does exist an evolving global governance complex - embracing states, international institutions, transnational networks and agencies (both public and private) - which functions, with variable effect, to promote, regulate or intervene in the common affairs of humanity. This book provides an accessible introduction to the current debate about the changing form and political significance of global governance. It brings together original contributions from many of the best-known theorists and analysts of global politics to explore the relevance of the concept of global governance to understanding how global activity is currently regulated. Furthermore, it combines an elucidation of substantive theories with a systematic analysis of the politics and limits of governance in key issue areas - from humanitarian intervention to the regulation of global finance. Thus, the volume provides a comprehensive theoretical and empirical assessment of the shift from national government to multilayered global governance. Governing Globalization is the third book in the internationally acclaimed series on global transformations. The other two volumes are Global Transformations: Politics, Economics and Culture and The Global Transformations Reader: An Introduction to the Globalization Debate.
This refreshingly impartial collection is written for researchers and postgraduate students of political science and international relations, international political economy or world politics.
The classical models of international free trade that have long been championed by the US, have failed to produce the rapid growth, reduced poverty & stable societies that have been promised. William Tabb advocates a new financial architecture to meet the real needs of the world in the 21st century.
The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsider' corporate governance model prevalent in the UK and the US. What these pressures from globalization are, how they manifest themselves, whether they are likely to cause such a convergence/transformation and whether these pressures will continue, lie at the heart of the exploration in this volume. The Globalization of Corporate Governance provides a detailed analysis of the evolution of the key corporate governance systems in the UK, the US and Germany from the perspective of the development of economic globalization. As such it is a valuable resource for those interested in how economic and legal reforms interact to produce change within corporate governance systems.
To pun, Pierre brings globalization down to earth. After all the hype, he serves as an experienced and trustworthy guide to the key question of how far nation states are forced to follow global trends. His answers are nuanced, well-evidenced, and thought-provoking. This should find a place on many reading lists. Christopher Pollitt, Katholieke Universiteit Leuven, Belgium Jon Pierres Globalization and Governance takes on perhaps the most significant question in international political economy: to what extent have nations governance structures been determined and shaped by the recent great forces of globalization? In an ingenious analytical tour de force, he looks at how three very different democracies, Japan, Sweden, and the U.S., have dealt with the economy, intergovernmental relationships, and administrative reform when confronted by globalization trends. His conclusion is a masterful, elegant and convincing argument that boils down to somewhat, but not as much as you (or many other theorists) might think. This is an important, sophisticated and ground-breaking book about the interstices of international and domestic policymaking and political economy that challenges the conventional wisdom. Is there any better kind in the study of governance? Ellis Krauss, University of California, US Globalization and Governance makes a compelling case that domestic political economies can cope creatively, distinctly, and effectively with exogenous pressures for change. However compelling and homogenizing global forces may appear to be, the book shows that Sweden, Japan and the United States continue to demonstrate an overwhelming resilience by entrenched domestic patterns plus powerful learning and adaptive capabilities. This book is a welcome addition to the ongoing debates about globalization; it is full of insights for specialists in both comparative politics and international relations. T.J. Pempel, University of California, Berkeley, US Globalization raises important questions about the governing capacity of domestic institutions. In Globalization and Governance, Jon Pierre studies the impact of international norms and prescriptions on domestic governance in Japan, Sweden and the United States. The empirical analysis is focused on economic governance, administrative reform and intergovernmental relationships. Drawing on survey data, documents and interviews, the analysis finds that domestic institutions still intrinsically shape domestic governance. International norms towards deregulation and market-based administrative reform confront domestic institutions with prescriptions for reform but the three countries provide only very few examples of unmitigated domestic implementation. What Jon Pierre calls the microfoundations of globalizationthe assessment, adoption or rejection of international norms and ideas in vogueis a complex process where domestic institutions and path dependencies remain at the helm. The most important exception to this pattern is governance during financial crises where countries are dependent on conditioned support from transnational institutions. This insightful and informative book will appeal to researchers, academics, post-graduate, as well as undergraduate, students in governance, political economy and international relations.
Is there any hope for those who despair at the state of the world and the powerlessness of governments to find a way forward? Global Governance and the Emergence of Global Institutions for the 21st Century provides ambitious but reasonable proposals to give our globalized world the institutions of international governance necessary to address effectively the catastrophic risks facing humanity that are beyond national control. The solution, the authors suggest, is to extend to the international level the same principles of sensible governance that exist in well-governed national systems: rule of law, legislation in the common interest, an executive branch to implement such legislation, and courts to enforce it. The best protection is unified collective action, based on shared values and respect for diversity, to implement widely accepted international principles to advance universal human prosperity and well-being. This title is also available as Open Access.
Globalization transcends borders and cultures as it develops both from the natural flow of information and communication technologies and as a directed and driven quest for global hegemony by self-serving corporations and world political heavyweights. It bears a multifaceted web of influence that manifests in inequalities in growth, prosperity, and
Far from being another short-lived buzzword, "globalization" refers to real changes. These changes have profound impacts on culture, economics, security, the environment —and hence on the fundamental challenges of governance. This book asks three fundamental questions: How are patterns of globalization currently evolving? How do these patterns affect governance? And how might globalism itself be governed? The first section maps the trajectory of globalization in several dimensions —economic, cultural, environmental, and political. For example, Graham Allison speculates about the impact on national and international security, and William C. Clark develops and evaluates the concepts of "environmental globalization." The second section examines the impact of globalization on governance within individual nations (including China, struggling countries in the developing world, and the industrialized democracies) and includes Elaine Kamarck's assessment of global trends in public-sector reform. The third section discusses efforts to improvise new approaches to governance, including the role of non-governmental institutions, the global dimensions of information policy, and Dani Rodrik's speculation on global economic governance.
Governance and law are today firmly on the agenda of the World Bank and other international financial institutions. As the scope of the governance agenda expands, so does the need to discuss and analyse the variety of factors that should be taken into account to ensure success in the implementation of governance-related projects. This book, written by a distinguished group of lawyers and practitioners from developed and developing countries, addresses a wide range of issues related to governance both at the local and international levels. It covers topics that have long been on the governance agenda, such as judicial training, privatisation, financial sector reform and various aspects of capacity building. It also covers many issues that have only recently become part of the development agenda, such as legal education, the politics of institution building in rural and urban communities and the role of political parties in the establishment of democracy. It includes studies that explore the often neglected links between the structures of domestic governance and the growing number of international economic law rules in the areas of trade, investment, technology transfer and the environment.
