Global governance in crisis? Fragmentation, risk and world order
In: International politics: a journal of transnational issues and global problems, Band 50, Heft 3, S. 309-332
ISSN: 1740-3898
This paper examines some of the similarities between finance and security from a global governance perspective. We argue that finance and security share a number of similar properties in terms of prevailing arrangements at the level of global governance, and also a number of problems which we conceptualize as problems of governance capacity. Such similarities, we argue, are not unique to these domains but actually tell us something about the character of global governance as a whole. In so doing, we argue that the evolution in thinking about governance challenges and the institutional solutions required to meet them further underscores an already pernicious dynamic at work in global governance. Adapted from the source document.