Author: Barry Herman / Topic: Globalization

Author:: Barry Herman
Publication Date:: 07-2011
Content Type:: Working Paper
Institution:: The New School Graduate Program in International Affairs
Abstract:: This paper asks how the world of sovereign countries should arrange itself to address global and international economic, financial, social or environmental problems. The current system of institutions and arrangements, informally led by the Group of 20, as convoked by the United States, is hardly ideal. The paper proposes a “pragmatic” alternative with multiple checks and balances, but able to reach timely and effective decisions on the full range of international policy issues. The paper concludes noting that dissatisfaction with current arrangements has reopened intergovernmental debate; it is not the same as undertaking reform, but it is a start.
Topic:: Economics, Globalization, International Organization, and International Trade and Finance
Political Geography:: United States

Author:: Barry Herman
Publication Date:: 04-2008
Content Type:: Working Paper
Institution:: The New School Graduate Program in International Affairs
Abstract:: The governance structures of the International Monetary Fund, World Bank and World Trade Organization are distinct, although the meetings of the leaders of the Group of 7 industrial countries (G8 including Russia on political matters) provide an opportunity to forge coherence at least with the interests of those countries. Sometimes heads of other countries are invited to meet on the fringes of the summits, but these consultations are hardly negotiating forums. This paper argues why this is no longer tenable, if it ever was, and how to go about building a more representative structure of global trade and financial governance.
Topic:: Globalization, Government, International Organization, and International Trade and Finance
Political Geography:: Russia

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