The Role of International Institutions in Globalisation: The Challenges of Reform (International Institutions and Global Governance) [Illustrated] [Hardcover]

John-Ren Chen (Editor)

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Book Description

Publication Date: December 2003 | Series: International Institutions and Global Governance

In an increasingly globalized world, it is becoming ever more difficult for nation states to adapt to the international consequences of market failures, government failures and global externalities without co-operation and co-ordination with other countries. In the absence of any form of world government, the most effective solution to this problem is either to create new international institutions, reform existing ones or work within the prevailing institutional framework. This work presents a critical analysis of the role of international institutions and their performance in terms of justification, effectiveness and efficiency. The authors begin by discussing the controversies surrounding the Tobin Tax in the context of global governance. They move on to address important global issues where international institutions play a significant role. These include trade and FDI in relation to the WTO, and the reconciliation of order and justice in the international trading system. Further chapters investigate development issues and international institutions, most of which were not designed for the specific needs of developing countries. They assess whether international institutions can actually help to mitigate the tendency of uneven development in the global economy. Finally, the focus switches to the analysis and evaluation of one specific institution and its actions, namely, the Bank for International Settlements (BIS).

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } In an increasingly globalized world, it is becoming ever more difficult for nation states to adapt to the international consequences of market failures, government failures and global externalities without co-operation and co-ordination with other countries. In the absence of any form of world government, the most effective solution to this problem is either to create new international institutions, reform existing ones or work within the prevailing institutional framework. This work presents a critical analysis of the role of international institutions and their performance in terms of justification, effectiveness and efficiency. The authors begin by discussing the controversies surrounding the Tobin Tax in the context of global governance. They move on to address important global issues where international institutions play a significant role. These include trade and FDI in relation to the WTO, and the reconciliation of order and justice in the international trading system. Further chapters investigate development issues and international institutions, most of which were not designed for the specific needs of developing countries. They assess whether international institutions can actually help to mitigate the tendency of uneven development in the global economy. Finally, the focus switches to the analysis and evaluation of one specific institution and its actions, namely, the Bank for International Settlements (BIS).

Editorial Reviews

About the Author

John-ren Chen, Professor of Economic Theory and Econometrics, Department of Economic Theory, Policy and History and Director, Centre for the Study of International Institutions, University of Innsbruck, Austria

Product Details

Hardcover: 232 pages
Publisher: Edward Elgar Pub; illustrated edition edition (December 2003)
Language: English
ISBN-10: 1843764695
ISBN-13: 978-1843764694
Product Dimensions: 9.3 x 5.8 x 1 inches
Shipping Weight: 13.6 ounces (View shipping rates and policies)
Amazon Best Sellers Rank: #8,382,603 in Books (See Top 100 in Books)

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