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Economic Governance in the Age of Globalization

ISBN-10: 0231131550

ISBN-13: 9780231131551

Edition: 2004

Authors: William K. Tabb

List price: $45.00
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Description:

Rapid growth, reduced poverty, and stable societies: the announced benefits of the world economy celebrated by neoliberal proponents of "the Washington consensus" have failed to materialize. What does this failure mean for future world order and the U.S. role as global hegemon? Addressing this crucial question, William Tabb argues that global economic institutions such as the World Bank and the International Monetary Fund constitute a nascent international state for which all previous models of sovereignty, accountability and equity are inadequate. Integrating economics and political science, Tabb traces the emergence of this global state from the closing days of World War II and examines its future prospects. Even as the United States will continue to dominate the emerging structures of world governance, Tabb maintains, it will have to change the assumptions behind its championing of classical models of international free trade. A new financial architecture must encompass debt forgiveness, multilateral agreements on investment, and a more inclusive model of growth in the twenty-first century.
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Book details

List price: $45.00
Copyright year: 2004
Publisher: Columbia University Press
Publication date: 6/2/2004
Binding: Paperback
Pages: 528
Size: 6.34" wide x 8.98" long x 1.09" tall
Weight: 1.562
Language: English

Introduction
The Verb and the Noun
Debating Globalization
The Nature and Scope of International Political Economy
The Postwar Economic Order and Global State Economic Governance Institutions
Clubs, Soft Law and International Financial Institutions
The Bretton Woods Institutions in Operation
Finance: Orthodox and Heterodox
Transnational Corporations and Trade Theory
From International Trade Organization to World Trade Organization
Market Efficiency Versus Labor Rights and Environmental Protection
Redecorating and New Architecture
The Evolving Political Economy
References
Index