This title was first published in 2001. John Kirton, Joseph Daniels and Andreas Freytag present an indispensable and authoritative collection of papers which examine both the professional economic merits and the underlying politics, of the hotly contested competing initiatives for strengthening the international financial system. Containing the first treatment of China’s relationship with the G7/G8 and comprehensive analysis of the new G20 forum, this volume in the G8 and Global Governance series also looks at the possibilities for the G8 system. It places the work of the G7 within a broader context of global governance and the new challenges facing the international community in the new century. A balanced selection of distinguished experts from the G7 countries and from emerging markets outside, provide an essential addition to the bookshelves of academics, government officials and business and media communities interested in keeping abreast of the ongoing and rapidly expanding work of the G7/G8 system.
’A major collection of work on current challenges of global governance. An exciting and insightful source for participants in the design of a new global institutional architecture.’ Cédric Dupont, Graduate Institute of International Studies, Switzerland ’This penetrating book shows how the G8 can make the world run better in the 2000s. It has messages of value for everybody - teachers and students, leaders and activists, media people and thoughtful citizens.’ Sir Nicholas Bayne KCMG, London School of Economics and Political Science, UK ’Guiding Global Order addresses a large number of important topics and is a highly interesting volume for both political scientists and economists.’ Malte Krueger, University of Durham, UK ’…an enormously rich treasure trove of views and opinions - an ideal reference for anyone who seeks to improve the design of the network of vehicles for global governance in the 21st century.’ Takashi Kiuchi, Shinsei Bank, Japan ’This is the fifth in an excellent series…I highly recommend this book, and others in the G8 and Global Governance Series…’ International Affairs ’…makes a useful contribution…this volume is to be commended…’ Policy ’…a well-organized, detailed and authoritative account of a key stage in the history of the G8…’ The Round Table
Contents: Introduction, John J. Kirton, Joseph P. Daniels and Andreas Freytag. The Core Economic Issues: Internal macroeconomic policies and international governance, Andreas Freytag; Challenges for the global financial system, Juergen B. Donges and Peter Tillmann; U.S. dollarization: a second-best form of regional currency consolidation, George M. von Furstenberg; Looking askance at global governance, Razeen Sally. The Broad Agenda: The G7 and the debt of the poorest, Barbara Dluhosch; Modern concept diplomacy: the contact group and the G7/8 in crisis management, Christoph Schwegmann; The G7/8 and the European Union, Klemens Fischer. New directions in Global Governance: The G20: representativeness, effectiveness and leadership in global governance, John J. Kirton; International macroeconomic policy co-operation in the era of the Euro, Martin J.G. Theuringer; The G7/8 and China: toward a closer association, John J. Kirton; Corporate governance: international perspectives, Donald J.S. Brean; Creating sustainable global governance, Pierre Marc Johnson. Conclusion: The G8’s contributions to twenty-first century governance, John J. Kirton, Joseph P. Daniels and Andreas Freytag. Appendices; Bibliography; Index.
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