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Global Markets, Global Citizens, and Global Governance in the 21st Century

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  • Nancy Birdsall, Christian Meyer, Alexis Sowa

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Abstract

The politics, rules, and institutions of cooperation among nations have not kept up with the demands from global citizens for changes in the global political order. Whether norms and policies can make the global politics of managing the global economy more effective, more legitimate, and more responsive to the needs of the bottom half of the world’s population, for whom life remains harsh, remains to be seen. There is some cause for optimism, however: citizens everywhere are becoming more aware of and active in seeking changes in the global norms and rules that could make the global system and the global economy fairer—in processes if not outcomes—and less environmentally harmful.

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Bibliographic Info

Paper provided by Center for Global Development in its series Working Papers with number 329.

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Length: 56 pages
Date of creation: Jun 2013
Date of revision:
Handle: RePEc:cgd:wpaper:329

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Web page: http://www.cgdev.org

Related research

Keywords: global economic governance; role of citizens; citizen activism; public opinion; global middle class; international financial institutions; World Bank; IMF; United Nations; income inequality; climate change; global public goods; political legitimacy;

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  1. Goldin, Ian, 2013. "Divided Nations: Why global governance is failing, and what we can do about it," OUP Catalogue, Oxford University Press, number 9780199693900.
  2. Lopez-Calva, Luis F. & Ortiz-Juarez, Eduardo, 2011. "A vulnerability approach to the definition of the middle class," Policy Research Working Paper Series 5902, The World Bank.
  3. Christian Morrisson & Fabrice Murtin, 2007. "Education inequalities and the Kuznets curves: a global perspective since 1870," Working Papers halshs-00588085, HAL.
  4. Nancy Birdsall, Nora Lustig, Christian Meyer, 2013. "The Strugglers: The New Poor in Latin America?-Working Paper 337," Working Papers 337, Center for Global Development.
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  8. Easterlin, Richard A., 1995. "Will raising the incomes of all increase the happiness of all?," Journal of Economic Behavior & Organization, Elsevier, vol. 27(1), pages 35-47, June.
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