Issues and Institutions
Edited by Deepak Nayyar
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Governing Globalization by Deepak Nayyar
Book DescriptionIt is now more than fifty years since the United Nations system and the Bretton Woods institutions were created. The world has changed since then, and so have its governance needs in terms of institutions and rules. It is time to think about the contours of institutions and governance that would meet the needs of the world economy, and also polity, at least for the first quarter of the twenty-first century. This book is among the first to examine the subject in depth. The study is divided into four parts. The first situates the subject in the wider context of globalization which has shaped development in the world economy, affected the living conditions of people, and constrained the role of nation states. The international context and the national setting are explored. The second part analyses some issues of emerging significance in the contemporary world, such as global macroeconomic management, transnational corporations, international capital flows, and cross-border movements of people, to suggest that there are some missing institutions which are needed. The third part provides a critical evaluation of the existing institutions, in retrospect, with a focus on the UN, the IMF, the World Bank, and the WTO. It analyses how existing rules need to be modified or existing institutions need to be restructured to meet the present and future needs of global governance. The fourth part explores some important elements of governance which are critical for any vision of the future. It suggests some changes in existing institutions and points to emerging governance needs where new institutions may have to be created. This authoritative volume will be of value to readers with an interest in international economics, development economics, and international relations. It will also be of value to practitioners, both policy-makers and diplomats, concerned with problems of global governance, and should become the standard reference on the subject.
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Book DetailsISBN: 9780199254040
(234mm x 157mm x 22mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 11-Jul-2002
Country of Publication: United Kingdom
Books By Author Deepak Nayyar
Catch Up, Paperback (September 2016)
This book is about the evolution of developing countries in the world economy situated in its wider historical context, spanning centuries, but with a focus on the period since the mid-twentieth century. It traces the rise and 'catch up' of the developing world and the shift in the balance of power in the world economy.
Liberalization and Development, Paperback (August 2012)View all books by Deepak Nayyar
This collection of fifteen essays by eminent economist Deepak Nayyar provides an unusual blend of theory and policy, of applied research and empirical work, and of the world economy and India. It explores a wide range of themes-from macroeconomics and industrialization, to development in the changed context shaped by liberalization.
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Author Biography - Deepak Nayyar
Deepak Nayyar is currently Vice-Chancellor of the University of Delhi. During his career he has taught economics at the University of Oxford, the University of Sussex, the Indian Institute of Management, Calcutta, and Jawaharlal Nehru University, New Delhi. His academic life has been interspersed with short periods in government, most notably as Chief Economic Adviser to the Government of India and Permanent Secretary in the Ministry of Finance. Professor Nayyar is a member of many commissions, committees and boards, both national and international.
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