Global Markets, Global Citizens, and Global Governance in the 21st Century
AbstractThe 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 InfoPaper provided by Center for Global Development in its series Working Papers with number 329.
Length: 56 pages
Date of creation: Jun 2013
Date of revision:
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Web page: http://www.cgdev.org
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;
Find related papers by JEL classification:
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-12-20 (All new papers)
- NEP-PKE-2013-12-20 (Post Keynesian Economics)
- NEP-POL-2013-12-20 (Positive Political Economics)
- NEP-RES-2013-12-20 (Resource Economics)
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