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An Economic and Social Security Council at the United Nations

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  • Frances Stewart and Sam Daws

Abstract

The founders of the UN created no effective institutions for world economic and social governance, nor for protecting the poor at a world level. They are needed because: neither markets nor national governments fully take into account what happens beyond their borders - for example pollution of the ozone layer, or the effect of interest rate policy in one country on capital flows elsewhere; some activities cannot be controlled nationally: for example international movements of labour and capital, which governments may wish to regulate or tax; there are worldwide agreements that extreme poverty should be ended, and yet many governments lack the resources, or power, or will to act.

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File URL: http://www3.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps68.pdf
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Paper provided by Queen Elizabeth House, University of Oxford in its series QEH Working Papers with number qehwps68.

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Handle: RePEc:qeh:qehwps:qehwps68

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