By S. Schirm
Which ideas will form globalization within the twenty-first century? This assortment appears on the want for brand spanking new principles and the divergence of nationwide attitudes in the direction of worldwide monetary governance. It covers the function of states in negotiating overseas alternate, in regulating the banks and in selling trilateralism. It investigates the position of commercial via assessing its elevated strength in writing the principles for self-regulation and in influencing the general public sphere. additionally, overseas organisations are analyzed as usual setters and nearby associations are tested as blueprints for worldwide governance.
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Additional resources for New Rules for Global Markets: Public and Private Governance in the World Economy
2000) ‘Global governance in an unstable world’, in The Brown Journal of World Affairs, 7(2), 95–105. html Commission on Global Governance (1995) Our Global Neighbourhood, Oxford: Oxford University Press. htm Frankel, J. S. D. (eds), Governance in a Globalizing World, Washington, DC: Brookings Institution Press, 72–85. Frenkel, M. and Menkhoff, L. (2002) ‘Reform proposals for a new international financial system’, in Fendt, R. A. Del Tedesco (eds), Uneven Architecture. The Space of Emerging Countries in the International Financial System, Sao Paulo and Rio de Janeiro, Fundação Konrad Adenauer, 227–50.
For this purpose, I will propose three criteria for the evaluation of the different proposals: (1) adequacy: capacity to solve the problem, (2) viability: probability of implementation, (3) legitimacy: democratic accountability of governance. The criteria overlap and might enforce each other. Of course, these criteria are only a selection from the list of all imaginable criteria. The first two were chosen following their plausible relevance in meeting the empirical puzzle of this chapter: How can global governance better manage economic crises?
A. (eds), Globalization and Governance, London: Routledge: 77–102. A. (2002a) Globalization and the New Regionalism. Global Markets, Domestic Politics and Regional Cooperation, Cambridge: Polity Press. A. (2002b) ‘The power of institutions and norms in shaping national answers to globalization: German economic policy after unification’, in German Politics, 11(3), 217–36. A. (2000) ‘Global economic governance? Globalisierung, Staat und die Prävention weltwirtschaftlicher Krisen’, in Scherpenberg, J.
New Rules for Global Markets: Public and Private Governance in the World Economy by S. Schirm