Democratizing global governance / edited by Eşref Aksu and Joseph A. Camilleri.

Format:

Book

Contributor:

Camilleri, Joseph A., 1944-

Aksu, Eşref, 1969-

Language:

English

Subjects (All):

Globalization.

International organization.

Democracy.

Security, International.

Physical Description:

xix, 306 pages : illustrations ; 25 cm

Edition:

First edition.

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2002.

Summary:

Is globalization beyond human control? In this thought-provoking text, the myths and mantras of this apparently irresistible force are challenged and dissembled. By examining a number of fundamental questions, the contributors put forward a radical reform agenda for global governance. Can the global multilateral system be democratic? Are security and economic concerns separable? Can the development of a global civil society contribute to effective global governance? An important and wide ranging study, this book will be essential reading for graduates and researchers in international relations.

Contents:

Part I Global Governance 1

1 Globalization and Governance: an Overview / Majid Tehranian 3

Evolution of the capitalist state 4

Evolution of the capitalist market 6

Evolution of global governance 8

Globalization and its discontents 19

The emerging imbalances 22

2 Taming Capital, Holding Peace / Majid Tehranian 28

Evolution of de facto governance 29

The rise of global capitalism 31

A global apartheid? 32

Sites of insecurity and resistance 34

Globalism: Hegemonic versus communitarian 37

Regionalism: Exclusionary versus inclusionary 40

Nationalism: Totalitarian-aggressive versus democratic-benign 40

Localism: Parochial versus liberal 44

Feminism: Patriarchy versus equality 47

Environmentalism: Exploitative versus protective 48

Revivalism: Sectarian versus ecumenical 49

3 Democratizing Governance / Majid Tehranian 55

Global democracy 55

The eternal triangle 58

Global policy-formation process 61

A democratic drift? 63

Concluding observations 67

Part II Global Financial Flows 75

4 The Political Economy of Globalization: the Old and the New / Stephen Gill 77

Globalization as a trend and globalization as a political project 77

Economic development and political legitimacy in a globalized world 78

Political legitimacy and the restoration of capitalism after 1945 79

The forms of globalization today 80

The world economic crisis of the 1990s: Economic stability and political legitimacy 85

Reform proposals 87

5 Financial Globalization: the State, Capital and Policy-making / Kamal Malhotra, Marco Mezzera, Mumtaz Keklik 90

Globalization in its contemporary setting 90

Globalization of finance and capital flows 94

Envisioning new globalization: Trends for the future 99

6 The Asian Financial Crisis and IMF Intervention / Marco Mezzera, Kamal Malhotra 106

Cyclical financial booms and busts 106

The origins of the Asian financial crisis 107

Who lost and who gained 110

Proposed adjustments: the right remedies? 112

7 The Role of Portfolio Investors in the Asian Financial Crisis / Adam Harmes 117

Institutional investors and the financial markets 117

The building of Thailand's bubble economy 119

1996 not 1997: the onset of the Asian crisis 122

Policy implications 123

8 The Case for Regional and Global Financial Regulation / Marco Mezzera, Kamal Malhotra, Mumtaz Keklik 127

The 'pros' and 'cons' of unregulated capital flows 127

Reforming the global financial system: Official responses 132

Issues in control and regulation 136

Tobin and other taxes on foreign-exchange transactions 140

9 Renewing the Governance of the Global Economy / Kamal Malhotra 146

The context and opportunity 146

Rethinking objectives and strategies for sustainable human and social development 146

Prospects and proposals 148

Part III Global Peace and Security 163

10 Conflict Prevention: Towards a Multi-dimensional Approach / Michalis S. Michael 165

Conceptual framework: Conflict-management typology and definition of concepts 165

A survey of the UN and other multilateral prevention initiatives 168

Future possibilities 172

11 The UN and Disarmament: a Global and Regional Action Plan / Michael Hamel-Green 181

An overview of the UN's disarmament role 182

Strengths and weaknesses in UN disarmament approaches 183

Current UN disarmament proposals and initiatives 184

Proposed new UN disarmament policies, strategies and initiatives 186

12 The Politics of Biological and Chemical Disarmament / Susan Wright 198

The evolution of the 'rogue doctrine' 198

Implementation of the 'rogue doctrine' 201

Appraisal 203

Concluding proposals 206

13 Reforming Multilateral Peace Operations: a Survey / Esref Aksu 212

Reform studies: Detecting common denominators 212

Discerning the global 'reform project' 215

Reflections on the global 'reform project' 223

14 Peace Operations: the Road Ahead / Joseph A. Camilleri 230

Key principles that should govern peace operations 230

A word on method 234

Assessment phase 235

Authorization/early planning phase 239

Implementation phase 244

Organizational arrangements 246

Peacebuilding 247

Part IV Reimagining the Future 253

15 Major Structural Reform / Joseph A. Camilleri 255

General Assembly 257

People's Assembly 257

Consultative Assembly 258

Security Council 259

Economic and Social Security Council 261

Secretary-General/Secretariat 262

Financial arrangements 263

Regional organizations 265

Emerging global civil society 268

16 The Politics of Reform / Joseph A. Camilleri 272

Governance and global social change 274

Structural impediments 275

Countervailing tendencies 277

Strategy for change 279.

Notes:

Includes bibliographical references (pages 284-292) and index.

ISBN:

0333971221

033397123X

OCLC:

49225592