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Governing the Global Economy (neoliberal institutionalism (democratic…
Governing the Global Economy
neoliberal institutionalism
democratic deficit
WTO
, IMF, WB - in secrecy
openness :question:
accountability :question:
NGOs part of decision-making :question:
international institutions
compliance issue
regimes reform
institutional reform
Global E changed
WTO, IMF, WB, ...
character
liberal nation-state
market-oriented
cooperation & absolute gains
authority & power
nation control/predomination :question:
↑ gap: authority distribution in existing IIs
vs. economic power distribution
new medievalism
govs. lost info monopoly
end of national sovereignty
ethnic & regional conflicts
MNCs, IOs &
NGOs
:red_cross: liberal intl. economic order
global civic society
:red_cross: cooperation of sovereign states
historic watershed
transnational economic forces
trade
finance
technological developments
computer
IT
transportation
transgovernmentalism
nation-states
#
state governance functions
#
intergovernmental bodies
specific policy issues networks
assumptions
nation-states can be divided into their component parts
technical issues can be separated from
politics and solved independently
#
no priority of interest (security & foreign policy :red_cross: no.1)
governance
rest on
common identity
shared values
shared beliefs
exercise of power
political
social
other objectives
Governance for what :question:
but today :silhouettes:
not yet global civic culture
few shared values
still national identity