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It is for global governance to sharpen up international relations by fulfilling a fiduciary role and carrying out the brokerage of asymmetric information

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Author Info
Rodolfo Apreda

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Abstract

This paper argues that there are qualifying grounds for global governance to make a contribution to the study of International Relations. Starting with the Westphalian state model and its compromises, it moves on to outline the realist and liberal approaches. Next, it frames the concept of plain governance, expanding on its varieties of public and global scope. Then, it sets up a toolbox to address World Politics issues from the standpoint of governance. Afterwards, it lays the foundations of two functions by which global governance may bridge some gaps left open by realism and liberalism. The first one involves the fiduciary role in international relations. The second displays how global governance structures carry out the brokerage of asymmetric information.

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Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 302.

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Date of creation: Sep 2005
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Handle: RePEc:cem:doctra:302

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Related research
Keywords: governance global governance public governance asymmetric information fiduciary role realism and liberalism.

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This paper has been announced in the following NEP Reports: References listed on IDEAS
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  1. Barnett, William A., 2005. "Editorial," Macroeconomic Dynamics, Cambridge University Press, vol. 1(01), pages 1-6, March. [Downloadable!]
  2. Rodolfo Apreda, 2005. "How trade splits up information sets and dealers carry out their brokerage of asymmetric information," CEMA Working Papers: Serie Documentos de Trabajo. 288, Universidad del CEMA. [Downloadable!]
  3. Jürgen Backhaus, 2005. "Editorial," European Journal of Law and Economics, Springer, vol. 19(2), pages 163-163, April. [Downloadable!] (restricted)
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