The global community confronts a comprehensive and interconnected array of compelling economic, development and security challenges which require effective global governance. At the centre of world governance stand the new plurilateral summit institutions; the G8 and G20, and UN summits on subjects such as sustainable development and climate change. Many observers and participants regard the performance of these summits as inadequate and doubt their ability to cope with increasingly complex and numerous global challenges.
This book critically examines how effectively central global institutions comply with their commitments and how their effectiveness can be improved through accountability measures designed to raise compliance and deliver better results.
Expert contributors assess compliance and accountability at the key global institutions to provide an important resource for policymakers and scholars in political science, governance and accountability.
For additional information and data relating to the book, please visit: http://www.g7g20.utoronto.ca/accountability/
1 Accountability and Effectiveness in Global Governance
John Kirton and Marina Larionova
PART TWO: GLOBAL ECONOMIC GOVERNANCE
2 Financial Regulation for Stability
Andrew Baker and Kateryna Dzhaha
3 Governing the Gaps in Global Banking
Vladimir Zuev and Anastasia Nevskaya
PART THREE: GLOBAL SUSTAINABLE DEVELOPMENT GOVERNANCE
4 Governing Global Energy: Where Are We Heading?
Victoria V. Panova
5 Climate Change Control through G7/8, G20 and UN Leadership
John Kirton, Ella Kokotsis and Aurora Hudson
6 Achieving Gender Equality through G7 and G20 Governance
PART FOUR: GLOBAL SECURITY GOVERNANCE
7 Strengthening Regional Security through G7/8 Sanctions and Force
John Kirton and Julia Kulik
8 When States Misbehave: Membership Suspension in International Organizations
Heidi Hardt and Brent E. Sasley
PART FIVE: ACCOUNTABILITY MECHANISMS IN ACTION
9 Comparing G7/8, G20 and BRICS Compliance
Caroline Bracht and Hanh Nguyen
10 Explaining G8 Compliance: Reciprocity, Institutionalization and Accountability
11 Explaining G20 and BRICS Compliance
Marina Larionova, Mark Rakhmangulov and Andrey Shelepov
12 The ICC G20 Business Scorecard
Jeff Hardy and Louis Bonnier
13 Accountability in International Children’s Non-governmental Organizations
David C. Kirsch
14 Knowledge and Learning in the World Bank Assessing the Role, Challenges and Prospects for a More Accountable International Financial Institution
Teresa Kramarz and Bessma Momani
PART SIX: CONCLUSION
15 Strengthening Global Governance through Accountability
"A definitive reference book on Global Governance. Experts and students alike will gain a great deal from reading this excellent piece of work and will learn how G20. G7/8, BRICS execute their governance role in various spheres." - Prof. Maxim Bratersky, National Research University – Higher School of Economics, Russia.
"As the global economy has become progressively integrated, global economic problems – from climate change to financial crises – have become more interconnected as well. These global problems call for globally coherent policy responses. Such responses, in turn, call for global governance. Understanding the institutions of global governance, the determinants of compliance and policy effectiveness and an empirical framework for policy accountability are issues of first-rate importance for policy makers, academics, business leaders and all other responsible citizens. This book is a masterful collection of issues and institutions responsible for global and regional governance. The editors and authors are to be congratulated for creating an extremely insightful and important volume. It is essential reading for all those seeking to grasp how countries and regions coordinate their policies in search of mutually beneficial outcomes." - Dennis Snower, President, Kiel Institute for the World Economy
"Are the G7, G20, BRICS, and UN summits merely photo opportunities or do they translate pledges into tangible accomplishments? The contributors to this deeply researched volume highlight not just the extent of governmental compliance with international soft law initiatives but also the factors supporting these outcomes. Essential reading for anyone interested in the realities of 21st-century government." - Professor Simon J. Evenett, University of St. Gallen