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Global economic governance in the post-crisis world


  • Mihaly Simai

    () (Department of World Economy, Corvinus University of Budapest, Hungary
    Hungarian Academy of Sciences Hungary)


The first major global crisis of the 21st century, the increasingly general name of which is the “Great Crisis” (like the descriptive name of Great Depression of 1929), has been an important challenge for practically all the institutions of multilateral cooperation. The crisis has made it clear once again that avoiding the derailment of globalization of trade and finance, and protecting the globe from fragmentation call for enhanced global cooperation and an efficient, flexible and coherent system of global governance.

Suggested Citation

  • Mihaly Simai, 2013. "Global economic governance in the post-crisis world," Society and Economy, Akadémiai Kiadó, Hungary, vol. 35(3), pages 299-318, September.
  • Handle: RePEc:aka:soceco:v:35:y:2013:i:3:p:299-318
    Note: The paper is an updated and expanded version of a paper published by the author in the journal Köz-Gazdaság (vol. 24 no. 1, 2013).

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    More about this item


    global governance; crisis;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements


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