Sylabus
1. Introduction and the terms of the current debate on global (economic) governance
2. Global economic governance and its functions
3. Who controls international economic institutions?
4. Legitimacy of global economic governance
5. On the agenda today I: power shifts and contested multilateralism in global economic governance
6. On the agenda today II: global governance politicized and contested
Anotace
The course introduces students to the key issues of contemporary global economic governance. These pertain, broadly speaking, to three areas.
The first (1) is institutional effectiveness and performance, and the functional ability of institutions to deliver on their tasks. The second (2) is survival of the institutions in environment permeated by power considerations and by the desire of the most powerful states to maintain control over international agendas.
Finally, the third (3) is the need of institutions for legitimation in the eyes of various constituencies, including non-state actors, and against the criteria of democratic governance. The course discusses how global economic governance bodies (institutions and organizations) deal with the often contradictory pressures of these three desiderata.
It does so by investigating, among other things, two hot contemporary agendas related to global economic governance: contested multilateralism and power shifts, and the politicization of global (economic) governance.