Description
Book SynopsisIt is now more than fifty years since the United Nations system and the Bretton Woods institutions were created. The world has changed since then, and so have its governance needs in terms of institutions and rules. It is time to think about the contours of institutions and governance that would meet the needs of the world economy, and also polity, at least for the first quarter of the twenty-first century. This book is among the first to examine the subject in depth.The study is divided into four parts. The first situates the subject in the wider context of globalization which has shaped development in the world economy, affected the living conditions of people, and constrained the role of nation states. The international context and the national setting are explored. The second part analyses some issues of emerging significance in the contemporary world, such as global macroeconomic management, transnational corporations, international capital flows, and cross-border movements of peo
Trade Review... excellent ... In a world shaped by Gradgrindian economic rationalism research that seeks to redress the devastating social and distributional inequities determined by those policies is a refreshing stimulus for political and economic policy change. This is an invaluable text for the theorist, policy maker and teacher seeking to understand the mechanisms of international institutional intervention. * Australian Journal of Political Science *
Table of ContentsPART I: CONTEXT ; 1. Introduction ; 2. Nationalism and Economic Policy in the Era of Globalization ; PART II: ISSUES ; 3. Global Macroeconomic Management ; 4. Transnational Corporations and Technology Flows ; 5. Capital Flows to Developing Countries and the Reform of the International Financial System ; 6. Cross-Border Movements of People ; PART III: INSTITUTIONS ; 7. The United Nations System: Prospects for Renewal ; 8. The Bretton Woods Institutions: Evolution, Reform, and Change ; 9. Globalization and the Logic of International Collective Action: Re-examining the Bretton Woods Institutions ; 10. From GATT to WTO and Beyond ; PART IV: GOVERNANCE ; 11. Reforming the International Financial Architecture: Consensus and Divergence ; 12. Developing Countries in Global Economi Governance and Negotiation Processes ; 13. Processes of Change in International Organizations ; 14. The Existing System and the Missing Institutions