Download or read book Legitimacy and Effectiveness in Global Economic Governance written by Biagio Bossone and published by Cambridge Scholars Publishing. This book was released on 2014-07-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coping with the challenges of global economic governance is a topical issue of the current international agenda, and the object of a vivid debate among scholars and policy-makers. The international financial and economic crisis that erupted in 2007 reveals the fallibility of the neoliberal paradigm that has dominated the world economic landscape for the last quarter of a century; regulatory and supervisory institutions have disclosed their weaknesses, and markets have shown their limits in dealing with the rational allocation of risks, and their lack of resilience to shocks. This book offers a comprehensive view of this matter, examining the dialectic and fluid relations between State sovereignty, supranational rules and the role of markets. The opportunity to deal with economic and regulatory challenges through the lens of legitimacy and effectiveness is the fil rouge of the co-authors’ original contributions and the inner-sense of the book. This critical perspective results particularly in investigating gaps and ambiguities of the institutional framework currently underpinning the major international economic organisations (IMF, WTO, G20, EMU), in re-discussing the State’s regulatory role in coping with the challenges of the global economy, and in studying the contradictory interactions between financial paradigms and sustainability with regards to economic development policies.

Download or read book Legitimacy in Global Governance written by Jonas Tallberg and published by Oxford University Press. This book was released on 2018-09-20 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legitimacy is central for the capacity of global governance institutions to address problems such as climate change, trade protectionism, and human rights abuses. However, despite legitimacy's importance for global governance, its workings remain poorly understood. That is the core concern of this volume: to develop an agenda for systematic and comparative research on legitimacy in global governance. In complementary fashion, the chapters address different aspects of the overarching question: whether, why, how, and with what consequences global governance institutions gain, sustain, and lose legitimacy? The volume makes four specific contributions. First, it argues for a sociological approach to legitimacy, centered on perceptions of legitimate global governance among affected audiences. Second, it moves beyond the traditional focus on states as the principal audience for legitimacy in global governance and considers a full spectrum of actors from governments to citizens. Third, it advocates a comparative approach to the study of legitimacy in global governance, and suggests strategies for comparison across institutions, issue areas, countries, societal groups, and time. Fourth, the volume offers the most comprehensive treatment so far of the sociological legitimacy of global governance, covering three broad analytical themes: (1) sources of legitimacy, (2) processes of legitimation and delegitimation, and (3) consequences of legitimacy.

Download or read book The Crises of Legitimacy in Global Governance written by Gonca Oguz Gok and published by Routledge. This book was released on 2021-09-27 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the interplay between the domestic, regional and global aspects of the crisis of legitimacy of global governance, this book theoretically questions and empirically analyses the "crises of legitimacy" in global governance with respect to various mechanisms, actors, and issues. It expertly sheds lights on contemporary legitimacy contestations and crises by analysing conceptual, theoretical and empirical aspects of the legitimacy in global governance. The specific issues and case studies collected in this volume survey the evolving nature of legitimacy and legitimization processes in global governance with historical, and theoretical analysis. Perspectives on specific actors and issues provide vital insights for understanding several commonalities and differences of legitimacy crises faced at various global governance mechanisms. Improving the understanding of the strengths and weaknesses of current global governance bodies by showing several legitimacy contestations and crises at global and regional level, this book will be of great interest to scholars of international relations, globalization, international Political Economy, regionalism, and general global governance studies.

Download or read book Handbook of Global Economic Governance written by Manuela Moschella and published by Routledge. This book was released on 2013-12-17 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Sovereign Wealth Funds written by Gordon L. Clark and published by Princeton University Press. This book was released on 2013-07-21 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The worldwide rise of sovereign wealth funds is emblematic of the ongoing transformation of nation-state economic prospects. Sovereign Wealth Funds maps the global footprints of these financial institutions, examining their governance and investment management, and issues of domestic and international legitimacy. Through a variety of case studies--from the China Investment Corporation to the funds of several Gulf states--the authors show that the forces propelling the adoption and development of sovereign wealth funds vary by country. The authors also show that many of these investment institutions have identifiable commonalities of form and function that match the core institutions of Western financial markets. The authors suggest that the international legitimacy of sovereign wealth funds is based on the degree to which their design and governance match Western expectations about investment management. Undercutting commonplace assumptions about the emerging world of the twenty-first century, the authors demonstrate that even small countries with large and globally oriented sovereign wealth funds are likely to play a significant role in international relations. Sovereign Wealth Funds considers how such financial organizations have altered not only the face of finance, but also the international geopolitical landscape.

Download or read book A Better Globalization written by Kemal Derviş and published by CGD Books. This book was released on 2005 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the two broad dimensions of the globalization debate--economic, including finance, trade, poverty, and health; and political, covering security, the fight against terrorism, and the role of international institutions--and the significance of democratic consent in the twenty-first century--Provided by publisher.

Download or read book Governance and Economy written by Deborah Brautigam and published by World Bank Publications. This book was released on 1991 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the links between development and governance- that is, between development and accountability (including institutional pluralism and participation) ; openness (including problems such as corruption that result at least partly from lack of openness) ; and predictability, or the rule of law.

Download or read book Accountability in Global Governance written by Gisela Hirschmann and published by Oxford University Press, USA. This book was released on 2020-06-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can international organizations (IOs) like the United Nations (UN) and their implementing partners be held accountable if their actions and policies violate fundamental human rights? This book provides a new conceptual framework to study pluralist accountability, whereby third parties hold IOs and their implementing partners accountable for human rights violations. Based on a rich study of UN-mandated operations in Afghanistan, Bosnia and Kosovo, the EU Troika's austerity policy, and Global Public-Private Health Partnerships in India, this book analyzes how competition and human rights vulnerability shape the evolution of pluralist accountability in response to diverse human rights violations, such as human trafficking, the violation of the rights of detainees, economic rights, and the right to consent in clinical trials. While highlighting the importance of alternative accountability mechanisms for legitimacy of IOs, this book also argues that pluralist accountability should not be regarded as a panacea for IOs' legitimacy problems, as it is often less legalized and might cause multiple accountability disorder.

Download or read book Studies of IMF Governance written by Ruben Lamdany and published by International Monetary Fund. This book was released on 2009-07-27 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume draw on background work done in preparation for the study Governance of the IMF: An Evaluation, Independent Evaluation Office, International Monetary Fund, May 28, 2008 (available at http://www.ieo-imf.org). This compilation presents in one collection the most recent work to date on the subject of governance of the IMF and contributes to the ongoing dialogue on how best to strengthen the governance of this important global institution. Good governance can contribute to the IMF’s legitimacy by ensuring appropriate voice and representation for the membership, by allowing the Fund to fulfill its mandates effectively and efficiently, and by facilitating accountability for relevant stakeholders. Three main conclusions follow from the studies in this volume. First, to strengthen its legitimacy and effectiveness, the Fund needs greater, higher level and more transparent involvement of member country authorities in its governance. Second, the Board needs to play a stronger role in strategy development and oversight, which requires a shift away from the day-to-day business of the organization. Finally, there are significant accountability gaps that need to be addressed if the IMF is to remain effective and regain legitimacy.

Download or read book Making Global Economic Governance Effective written by Marina Larionova and published by Routledge. This book was released on 2016-06-03 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Legitimacy in an Age of Global Politics written by A. Hurrelmann and published by Springer. This book was released on 2007-10-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the lack of plausible alternatives to liberal democracy, the age of globalization has ushered in serious challenges to the democratic legitimacy of the nation state. The contributors in this collection explore the frontiers of normative and empirical legitimacy research, drawing upon a range of key conceptual and methodological issues.

Download or read book Global Trends 2025 A Transformed World written by Office of the Director of National Intelligence (U.S.) and published by Government Printing Office. This book was released on 2013-08-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Global Trends 2025: A Transformed World" is the fourth unclassified report prepared by the National Intelligence Council (NIC) in recent years that takes a long-term view of the future. It offers a fresh look at how key global trends might develop over the next 15 years to influence world events. Our report is not meant to be an exercise in prediction or crystal ball-gazing. Mindful that there are many possible "futures," we offer a range of possibilities and potential discontinuities, as a way of opening our minds to developments we might otherwise miss. (From the NIC website)

Download or read book Global Governance and Public Accountability written by David Held and published by Wiley-Blackwell. This book was released on 2005-01-24 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together prominent scholars from the fields of politics and international relations in order to explore questions of crucial importance to the creation of an effective, accountable and legitimate system of global governance. An exploration of questions of crucial importance to the creation of a legitimate system of global governance. Written by a group of prominent international scholars and experts of global governance. Provides a comprehensive analysis of major arenas of global decision-making. Evaluates the democratic quality of current efforts to manage global issues.

Download or read book Toward Genuine Global Governance written by Errol E. Harris and published by Praeger. This book was released on 1999-06-30 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nine well-known authors associated with the world federalist movement critique the 1995 Report of the Commission on Global Governance entitled Our Global Neighborhood. Although the contributors manifest a variety of viewpoints, styles, and approaches, they are unanimous in condemning the Report as insufficiently imaginative and visionary. Despite repeated calls in the Commission Report for a radically new way of thinking, the substance of the Report mindlessly rubber-stamps the legitimacy of the sovereign nation-state system of today, by means of summarily and peremptorily dismissing even the possibility of a supernational government qualitatively beyond the United Nations. According to the contributors, the concept of genuine world government is sufficiently advanced, and the circumstances of the present day are conducive, so that this concept is deserving of the most careful and serious attention by the general public and the political leadership. Despite their unconventional conclusions, these essays are lucid, judicious, and commanding.

Download or read book Efficiency Equity and Legitimacy written by Roger B. Porter and published by Rowman & Littlefield. This book was released on 2004-06-23 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and the Center for Business and Government at Harvard University publication The multilateral trading system stands at a crossroads. Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. These essays by leading scholars and trade officials honor Raymond Vernon, one of the architects of the international economic institutions established following the Second World War. The book examines several key issues at the heart of the debate over the multilateral trading system. What are the global efficiency gains from further liberalization? How can efficiency gains be maximized while respecting legitimate claims to sovereignty? Is the trading system affording an equitable distribution of benefits between countries and among various groups within societies? Does civil society have a role in the trading system? What role should the World Trade Organization and its dispute settlement procedures play in resolving disputes and enhancing legitimacy?

Download or read book Global Civil Society written by John Keane and published by Cambridge University Press. This book was released on 2003-04-17 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Keane, a leading scholar of political theory, tracks the recent development of a big idea with fresh potency - global civil society. In this timely book, Keane explores the contradictory forces currently nurturing or threatening its growth, and he shows how talk of global civil society implies a political vision of a less violent world, founded on legally sanctioned power-sharing arrangements among different and intermingling forms of socio-economic life. Keane's reflections are pitted against the widespread feeling that the world is both too complex and too violent to deserve serious reflection. His account borrows from various scholarly disciplines, including political science and international relations, to challenge the silence and confusion within much of contemporary literature on globalisation and global governance. Against fears of terrorism, rising tides of xenophobia, and loose talk of 'anti-globalisation', the defence of global civil society mounted here implies the need for new democratic ways of living.

Download or read book Making Global Economic Governance Effective written by John J. Kirton and published by . This book was released on 2009 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: