IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/33053.html
   My bibliography  Save this paper

From ‘Club of the Rich’ to ‘Globalisation à la carte’? Evaluating Reform at the OECD

Author

Listed:
  • Clifton, Judith
  • Díaz-Fuentes, Daniel

Abstract

Recognising the declining weight of its members in the world economy, the OECD, formerly known as a ‘club of rich, industrialised nations’, is undergoing unprecedented organisational reform, including a more inclusive membership logic, engagement with new global players, and outreach to developing countries, all with a view to guaranteeing its continued relevance as a central actor in the task of global policy provision. Using the concepts of global public goods, clubs and models of multilateralism, this article critically evaluates the successes and limits of the OECD’s reform, arguing that it is adopting a restrictive approach to expansion – globalisation ‘ à la carte’. Meaningful reform towards greater inclusion is apparent in the way research on nonmembers has been mainstreamed, and in its increased work both with emerging powers and with developing countries. Limits to reform are found in institutional rigidities including its overrepresentation of Europe and underrepresentation of Asia and other continents, reflected through staff profiles and membership. These biases may in turn reduce its attractiveness as a global forum to new players, particularly China.

Suggested Citation

  • Clifton, Judith & Díaz-Fuentes, Daniel, 2011. "From ‘Club of the Rich’ to ‘Globalisation à la carte’? Evaluating Reform at the OECD," MPRA Paper 33053, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:33053
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/33053/1/MPRA_paper_33053.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kaul, Inge & Conceicao, Pedro & Le Goulven, Katell & Mendoza, Ronald U. (ed.), 2003. "Providing Global Public Goods: Managing Globalization," OUP Catalogue, Oxford University Press, number 9780195157413.
    2. Kaul, Inge & Grunberg, Isabelle & Stern, Marc (ed.), 1999. "Global Public Goods: International Cooperation in the 21st Century," OUP Catalogue, Oxford University Press, number 9780195130522.
    3. Keohane, Robert O. & Nye, Joseph S., Jr., 2001. "Between Centralization and Fragmentation: The Club Model of Multilateral Cooperation and Problems of Democratic Legitimacy," Working Paper Series rwp01-004, Harvard University, John F. Kennedy School of Government.
    4. Diebold, William, 1963. "Economic Aspects of an Atlantic Community," International Organization, Cambridge University Press, vol. 17(3), pages 663-682, January.
    5. Meltzer, Ronald I., 1976. "The politics of policy reversal: the US response to granting trade preferences to developing countries and linkages between international organizations and national policy making," International Organization, Cambridge University Press, vol. 30(4), pages 649-668, October.
    6. Baldwin, Robert E., 2008. "One Economics, Many Recipes: Globalization, Institutions, and Economic Growth by Dani Rodrik Princeton, NJ: Princeton University Press, 2007," World Trade Review, Cambridge University Press, vol. 7(3), pages 573-575, July.
    7. José R. Sánchez-Fung, 2008. "One Economics, Many Recipes: Globalization, Institutions and Economic Growth," Indian Growth and Development Review, Emerald Group Publishing, vol. 1(2), pages 252-256, September.
    8. Angus Maddison, 2005. "Measuring And Interpreting World Economic Performance 1500–2001," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(1), pages 1-35, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Judith Clifton & Daniel Díaz‐Fuentes & Marcos Fernández‐Gutiérrez & Julio Revuelta, 2011. "Is Market‐Oriented Reform Producing A ‘Two‐Track’ Europe? Evidence From Electricity And Telecommunications," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 82(4), pages 495-513, December.
    2. Corlin Christensen, Rasmus & Hearson, Martin, 2019. "The New Politics of Global Tax Governance: Taking Stock a Decade After the Financial Crisis," Working Papers 14584, Institute of Development Studies, International Centre for Tax and Development.
    3. Lips, Wouter, 2019. "The BRICs and International Tax Governance: The Case of Automatic Exchange of Information," SocArXiv 9nmke, Center for Open Science.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Clifton, Judith & Díaz-Fuentes, Daniel, 2011. "La Nueva Política Económica de la OCDE ante el cambio en la Economía Mundial [The New Political Economy of the OECD in a context of Shifting World Wealth]," MPRA Paper 33010, University Library of Munich, Germany.
    2. Christopher Coyne, 2009. "The politics and economics of global interventionism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(2), pages 181-191, June.
    3. Raechelle Mascarenhas & Todd Sandler, 2006. "Do donors cooperatively fund foreign aid?," The Review of International Organizations, Springer, vol. 1(4), pages 337-357, December.
    4. Tosun, Mehmet S., 2011. "Demographic Divide and Labor Migration in the Euro-Mediterranean Region," IZA Discussion Papers 6188, Institute of Labor Economics (IZA).
    5. Lukasz Hardt, 2011. "Conceptualizing interdependences between regulatory and monetary policies. Some preliminary considerations," NBP Working Papers 96, Narodowy Bank Polski.
    6. Hendrik P. van Dalen, 2007. "Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?," Tinbergen Institute Discussion Papers 07-051/1, Tinbergen Institute.
    7. Todd Sandler & Daniel G. Arce, 2007. "New face of development assistance: public goods and changing ethics," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(4), pages 527-544.
    8. Dana G. Dalrymple, 2008. "International agricultural research as a global public good: concepts, the CGIAR experience and policy issues," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(3), pages 347-379.
    9. Fallon, Peter*Hon, Vivian*Qureshi, Zia*Ratha, Di, 2001. "Middle-income countries - development challenges and growing global role," Policy Research Working Paper Series 2657, The World Bank.
    10. Peter A.G. van Bergeijk, 2013. "Earth Economics," Books, Edward Elgar Publishing, number 14673.
    11. Rok Spruk & Mitja Kovac, 2018. "Inefficient Growth," Review of Economics and Institutions, Università di Perugia, vol. 9(2).
    12. Massimiliano Mazzanti & Valeria Costantini & Susanna Mancinelli & Massimilano Corradini, 2011. "Environmental and Innovation Performance in a Dynamic Impure Public Good Framework," Working Papers 201117, University of Ferrara, Department of Economics.
    13. Toleubayev, Kazbek & Jansen, Kees & van Huis, Arnold, 2010. "Commodification of science and the production of public goods: Plant protection research in Kazakhstan," Research Policy, Elsevier, vol. 39(3), pages 411-421, April.
    14. Alessandra Cepparulo & Luisa Giuriato, 2012. "Global Challenges and Country-Specific Responses through Aid Financing of Global Public Goods," Working Papers in Public Economics 156, University of Rome La Sapienza, Department of Economics and Law.
    15. Silvia Scaramuzzi & Sara Gabellini & Giovanni Belletti & Andrea Marescotti, 2021. "Agrobiodiversity-Oriented Food Systems between Public Policies and Private Action: A Socio-Ecological Model for Sustainable Territorial Development," Sustainability, MDPI, vol. 13(21), pages 1-32, November.
    16. Jordà, Òscar & Schularick, Moritz & Taylor, Alan M., 2015. "Leveraged bubbles," Journal of Monetary Economics, Elsevier, vol. 76(S), pages 1-20.
    17. Bluedorn, John C. & Valentinyi, Akos & Vlassopoulos, Michael, 2009. "The Long-Lived Effects of Historic Climate on the Wealth of Nations," MPRA Paper 18701, University Library of Munich, Germany.
    18. Scherer, Andreas, 2013. "Legitimacy Strategies in a Globalized World: Organizing for Complex and Heterogeneous Environments," Papers 566, World Trade Institute.
    19. Teegen, Hildy, 2003. "International NGOs as global institutions: using social capital to impact multinational enterprises and governments," Journal of International Management, Elsevier, vol. 9(3), pages 271-285.
    20. Richard Baldwin, 2013. "Trade and Industrialization after Globalization's Second Unbundling: How Building and Joining a Supply Chain Are Different and Why It Matters," NBER Chapters, in: Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century, pages 165-212, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    OECD; Globalisation; Club Goods; Global public Goods; Models of Multilateralism. Developing Countries. BRIC;
    All these keywords.

    JEL classification:

    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
    • F02 - International Economics - - General - - - International Economic Order and Integration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:33053. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.