IDEAS home Printed from
   My bibliography  Save this paper

Democratizing Global Economic Governance


  • James Boyce


The need for democratic governance of the global economy is increasingly apparent to growing numbers of people around the world. This is a core goal of the diffuse popular movement that is often labelled ‘anti-globalization’and more accurately described as a movement for global justice. In the political arena, global justice requires a more equitable distribution of power; in the economic arena, it requires a more equitable distribution of wealth and income. The problem, of course, is how to get from here to there. In this comment, the author discusses three of Keith Griffin’s recommendations. The first is his insistence, in common with many economists, that trade policy instruments should ‘almost never’ be used to protect the environment. The second is his endorsement of the creation of United Nations ‘peace enforcement’ units, a step proposed by UN Secretary-General Boutros-Ghali in 1995. The third is his suggestion that the World Bank be scrapped and replaced by a tax-and-transfer scheme that would redistribute income automatically from rich countries to poor countries. The article concludes with some thoughts on what ‘democratization’ means, and why it is important. This is an electronic version of an article published in Development and Change: complete citation information for the final version of the paper, as published in the print edition of Development and Change, is available on the Blackwell Synergy online delivery service, accessible via the journal's website at: 12-155X&site=1 or

Suggested Citation

  • James Boyce, 2004. "Democratizing Global Economic Governance," Published Studies ps16, Political Economy Research Institute, University of Massachusetts at Amherst.
  • Handle: RePEc:uma:perips:ps16

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    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:uma:perips:ps16. 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: . General contact details of provider: .

    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.

    We have no bibliographic references for this item. You can help adding them by using 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: Judy Fogg The email address of this maintainer does not seem to be valid anymore. Please ask Judy Fogg to update the entry or send us the correct address (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.