Global Governance: Old and New Issues
This paper opens with a short recollection of the Kiel Week Conference of 2002, recorded in a volume edited by Horst Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are scored against subsequent developments. Security relations between the great powers are asserted to define the space for global economic governance. Over the next thirty years, the security context is not likely to provide the same inspiration for global economic institutions as the Cold War once did; instead, economic institutions will stand or fall on their own merits in meeting urgent challenges. The paper identifies and evaluates six challenges that are already with us, but which do not impose immediate acute costs on the great powers: climate change, financial crises, the world trading system, oil supplies, immigration, and economic responses to political chaos. A few of these, but not the majority, are seen as good candidates for global governance in the next decade. The paper concludes with speculation on four very low probability challenges that would im-pose acute costs (or present great opportunities) if they occur: pandemics, terrorism on the high seas, treasures from the deep seabed, and the prospect of a killer asteroid
|Date of creation:||Oct 2008|
|Date of revision:|
|Contact details of provider:|| Postal: Kiellinie 66, D-24105 Kiel|
Phone: +49 431 8814-1
Fax: +49 431 85853
Web page: http://www.ifw-kiel.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglas Robinson & Arie Rip & Vincent Mangematin, 2007.
"Technological agglomeration and the emergence of clusters and networks in nanotechnology,"
Grenoble Ecole de Management (Post-Print)
- Robinson, Douglas K.R. & Rip, Arie & Mangematin, Vincent, 2007. "Technological agglomeration and the emergence of clusters and networks in nanotechnology," Research Policy, Elsevier, vol. 36(6), pages 871-879, July.
- Robinson, D.K.R. & Rip, A. & Mangematin, V., 2006. "Technological agglomeration and the emergence of clusters and networks in nanotechnology," Working Papers 200603, Grenoble Applied Economics Laboratory (GAEL).
- Trajtenberg, M. & Bresnahan, T.F., 1992.
"General Purpose Technologies: "Engines of Growth","
16-92, Tel Aviv.
- Heike Belitz & Tanja Kirn & Axel Werwatz, 2006. "Innovationsfähigkeit: Deutschland braucht mehr Schwung," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 73(45), pages 633-641.
- Beise, Marian & Cleff, Thomas, 2004. "Assessing the lead market potential of countries for innovation projects," Journal of International Management, Elsevier, vol. 10(4), pages 453-477.
- Axel Werwatz & Heike Belitz & Tanja Kirn & Jens Schmidt-Ehmcke, 2006. "Innovationsindikator Deutschland 2006," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 22, number pbk22, May/June.
- Morrison, Pamela D. & Roberts, John H. & Midgley, David F., 2004. "The nature of lead users and measurement of leading edge status," Research Policy, Elsevier, vol. 33(2), pages 351-362, March.
When requesting a correction, please mention this item's handle: RePEc:kie:kieliw:1460. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dieter Stribny)
If references are entirely missing, you can add them using this form.