1st Edition

Making Global Economic Governance Effective Hard and Soft Law Institutions in a Crowded World

By Marina Larionova, John Kirton Copyright 2010

    Today's world is crowded with international laws and institutions that govern the global economy. This post-World War II accumulation of hard multilateral and soft plurilateral institutions by no means constitutes a comprehensive, coherent and effective system of global economic governance. As intensifying globalization thrusts many longstanding domestic issues onto the international stage, there is a growing need to create at the global level the more comprehensive, coherent and effective governance system that citizens have long taken for granted at home. This book offers the first comprehensive look at this critical question of international relations. It examines how, and how well, the multilateral organizations and the G8 are dealing with the central challenges facing the contemporary international community, how they have worked well and poorly together, and how they can work together more effectively to provide badly needed public goods. It is an ideal reference guide for anyone interested in institutions of global governance.

    I: Introduction; 1: Introduction, Arguments and Conclusions; II: Multilateral Organizations and the G8: Academic Analyses; 2: Multilateral Organizations and G8 Governance: A Framework for Analysis; 3: The New Partnership between Multilateral Organizations and the G8; 4: Financial Crises, the International Monetary Fund and the G8; 5: Finance and Development Compliance in the G8: The IMF and World Bank Role; III: Multilateral Organizations and the G8: Practitioners' Perspectives; 6: Finance, Macroeconomics and the Multilateral Organization–G8 Connection; 7: Development, the Commonwealth and the G8; 8: Trade, the World Trade Organization and the Doha Development Agenda; IV: The St. Petersburg Priorities: Energy, Education, Information and Health; 9: Energy Security and Sustainable Development: The WTO and the Energy Charter Treaty; 10: Energy Security: Russia, the European Union and the G8; 11: Energy Security: The International Energy Agency and the G8; 12: Education, the G8 and UNESCO; 13: Information and Communication; 14: Health Compliance in the G8 and APEC; V: The G8's St. Petersburg Summit and Beyond; 15: The G8 at St. Petersburg and Beyond; 16: The 2006 St. Petersburg G8 Summit


    John J Kirton, University of Toronto, Canada, Marina Larionova, State University-Higher School of Economics, Moscow and Paolo Savona, University of Rome Guglielmo Marconi, Italy.

    'This volume provides an invaluable and comprehensive treatment of a range of topics covered by the G8 summit process.' Stephen Woolcock, London School of Economics and Political Science, UK 'Utilizing mixed methods research, this book is a rare gem in the field as it comprehensively presents the burning theoretical and empirical scholarly issues about the G8 and its cooperation with other MOs. ... this volume is highly recommended not only for scholars working on international organizations, political economy, and global governance but also for advanced graduate students in the social sciences whose interest in global politics is evident. This is a highly informative volume on which future scholarship on the G8 will be based.' Governance