Ayse Kaya analyses the relationship between states' economic power and their political power in key multilateral economic institutions.

"This book contends that existing approaches leave out key aspects of the relationship between economic power and formal political power in multilateral economic institutions. Importantly, while existing works focus on either power or institutions as distinct realms, we must examine their intersection as well. Third, institutions mediate the importance of the inter-state distribution of economic power through institutional rules and conventions. Simply, institutional conventions denote well-established procedures and specific interpretations of rules for certain actions. Among the many conventions a single institution may embody, of interest here are those that concern formal political power, including the procedures for altering it. Reasonably, these existing rules and conventions determine the parameters, if not the content, of how members alter formal political power in the institution. Particularly, such rules may more often than not be a source for "incremental change" as opposed to more big-bang alterations (e.g., Pierson 2004; Thelen and Mahoney 2010). Given that the literature currently lacks an integrative theory"--

This book explains how global public goods should be defined, how global economic institutions work, and looks at the effect major organizations such as WTO, IMF, etc. have on finance, the environment and transport.

The International Monetary Fund (IMF) is a pivotal institution in global economic governance tasked with ensuring monetary stability and preventing financial crises through promoting balanced trade, economic growth, and poverty reduction. It also plays a powerful normative role by shaping economic policies worldwide through its research and expertise. The IMF played a crucial role in managing crises like the 2008 financial crisis and the COVID-19 pandemic, providing significant financial aid and advocating for stimulus measures. However, the IMF faces both internal and external challenges from reforming its governance structure to better represent emerging economies to finding its place in a world increasingly defying liberal internationalism and multilateralism. Despite reforms, power remains concentrated among advanced economies, hindering inclusivity and trust, particularly in regions like sub-Saharan Africa. Geopolitical tensions, populist nationalism, and economic imbalances further strain the IMF's effectiveness. This handbook aims to uncover these challenges by providing diverse perspectives and proposing policy recommendations that the Fund could undertake to better navigate the complex landscape of 21st-century global governance. Part I delves into its historical origins and key debates of the IMF. Part II focuses on formal operations such as lending, surveillance, and capacity development. Part III explores the involvement of different actors including states, markets, and civil society. Part IV discusses partnerships with other international organizations and collaboration in financial regulation. Part V analyzes shifts in policy instruments and ideological frameworks. Part VI broadens concerns to include gender mainstreaming, labor markets, climate policy, and inclusive growth. Part VII addresses internal challenges including cultural diversity concerns and uniformity of treatment. Part VIII evaluates external challenges such as populist movements, China's influence, global inequality and unresolved issues in Europe. Part IX explores how the IMF can meet the multiple challenges identified in this volume and positively impact 21st century global governance.

This book offers a stimulating introduction to the links between areas of global governance, human rights global economy and international law. By drawing on a range of diverse subject areas, it argues that the foundations of global governance, human rights and international law are undermined by a conflict or ‘tragic flaw’, where insistence on absolute conceptions of state sovereignty are pitted against universally accepted principles of justice and human rights resulting in destructive self-interest for both the state and the global community. Following the election of President Donald Trump , the second edition will explores how we are witnessing a critical battle to ensure that human rights, international law and the beneficial aspects of globalization will still be relevant and applied in some of the critical institutions of global governance and in the operations of the global private sector. The second edition will focus on how States, institutions and global civil society will have to ramp up the struggle to fight this ‘tragic flaw’ that is now even more evident with the actions of the US and other authoritarian states, like China and Russia in this second decade of the 21st Century.

While the birth of global economic governance is conventionally dated to the end of World War II, Jamie Martin shows how its roots lie in World War I and its aftermath. The Meddlers explores the intense political struggles about sovereignty and self-governance provoked by the first attempts to govern global capitalism.

It’s a startling reality that more American children are victims—and perpetrators—of violence than those of any other developed country. Yet unlike the other nations, the United States has yet to ratify the United Nations Convention on the Rights of the Child. Compelling, readable, and interdisciplinary, A Child’s Right to a Healthy Environment provides an abundance of skilled observation, important findings, and keen insights to place children’s well-being in the vanguard of human rights concerns, both in the United States and globally. Within this volume, authors examine the impediments to the crucial goals of justice, safety, dignity, well-being, and meaning in children’s lives, factors as varied as socioeconomic stressors, alienated, disengaged parents, and corrosive moral lessons from the media. The complex role of religious institutions in promoting and, in many cases, curtailing children’s rights is analyzed, as are international efforts by advocates and policymakers to address major threats to children’s development, including: War and natural disasters. Environmental toxins (e.g., malaria and lead poisoning). The child obesity epidemic. Gun violence. Child slavery and trafficking. Toxic elements in contemporary culture. A Child’s Right to a Healthy Environment is a powerful call to action for researchers and professionals in developmental, clinical child, school, and educational psychology as well as psychiatry, pediatrics, social work, general and special education, sociology, and other fields tasked with improving children’s lives.

The world of public policy is becoming increasingly small due to dramatic changes in global communications, political and economic institutional structures, and to nation states themselves. This book evaluates the implications of these changes and challenges for both the study and the practice of policy transfer, and provides a unique understanding of the relationship between systemic globalizing forces and the increasing scope and intensity of policy transfer activity. It provides: an explanation of policy transfer as a process of organizational learning; an insight into how and why such processes are studied by policy scientists; an evaluation of its use by policy practitioners; and the first published collection of policy transfer case studies between developed countries, from developed to developing countries, and from developing countries.

A New Global Economic Order: New Challenges to International Trade Law examines the dislocating effects of the policies implemented by the Trump Administration on the global economic order and brings together leading scholars and practitioners of international economic law come together to defend multilateralism against unilateralism and populism.

This book is about the economy rather than economics. It explores the structures, inner workings and problems of modern economies, showing how the organisations and networks that shape the structure of the economy are arranged to provide society with goods and services. At the centre of the analysis there is the economic system, characterised by organisational components carrying out economic functions (production, consumption, distribution, and establishment and control of the economic activities as well as provision of public goods and services) and by a co-evolving dynamic with the state. The economic system is thus a ‘machine’ that modern states have organised through their laws and international agreements. The book incorporates a historical approach which reveals the varieties, structure and evolution of capitalism as the defining economic system of the modern age. Ultimately, the book demonstrates that the economic sphere and the political sphere are the two powers ruling people’s lives: the economy is the result of their interactions. This book will be of great interest to readers in political economy, economics, sociology and political science.