
Contents
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Some Forces for Change Some Forces for Change
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Self‐interested Motives for Change Self‐interested Motives for Change
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THE NEED FOR COOPERATION THE NEED FOR COOPERATION
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LEVERAGING LIMITED POWER LEVERAGING LIMITED POWER
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INCREASING RECOGNITION OF THE NEED FOR THE RULE OF LAW INCREASING RECOGNITION OF THE NEED FOR THE RULE OF LAW
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Democratic Forces for Change Democratic Forces for Change
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Reforms Reforms
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Concluding Remarks Concluding Remarks
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References References
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14 14 The Future of Global Governance
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Published:April 2008
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Abstract
Today we have come to understand better not only why there is such discontent with globalization, but why globalization has not worked as well as it could for so many of the world's people. It is essentially a problem of governance. The international rules of the game are often unfair, and the international institutions are undemocratic and have pushed an ideology that has resulted in policies ill-suited to many developing countries. In spite of increasing global collective action, change has been slow. This chapter focuses on the forces that may actually lead to meaningful reform of global government, and discusses a few of the elements of the system of governance that may or should evolve. These reforms include increased transparency and democracy in the official and unofficial global governance institutions, improved financing of global public goods, better management of global natural resources and public knowledge, and the creation of a global legal infrastructure. Unless these reforms are made, the already palpable disillusionment with globalization will spread, with untold consequences, both for those in the developed and the less developed countries.
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