Governance in a Global Economy

by Seymour, Miranda A.

• ISBN13: 9780691114019
• ISBN10: 0691114013
• Format: Hardcover
• Copyright: 2003-11-01
• Publisher: Princeton Univ Pr

Summary

Critics of globalization claim that economic integration drains political authority from states: devolving authority to newly empowered regions, delegating it to supranational organizations, and transferring it to multinational firms and nongovernmental organizations. Globalization is also attacked for forcing convergence of state institutions and policies and threatening the ability of societies to chart their own democratically determined courses. InGovernance in a Global Economy, Miles Kahler and David Lake assemble the contributions of seventeen leading scholars who have systematically investigated how global economic integration produces changes of governance. These authors conclude that globalization has created a new and intricate fabric of governance, but one that fails to match the stark portrait of beleaguered states. Exploring changes in governance across several policy areas (such as tourism, trade, finance, and fiscal and monetary policy), the authors demonstrate that globalization changes the policy preferences of some actors, increases the bargaining power of others, and opens new institutional options for yet others. By reintroducing agency and choice into our understanding of globalization, this book provides important new insights into the complex and contingent effects of globalization on political authority and governance. The introduction and the conclusion are by the editors; the contributors are James A. Caporaso, Benjamin J. Cohen, Barry Eichengreen, Zachary Elkins, Geoffrey Garrett, Peter Gourevitch, Virginia Haufler, Michael J. Hiscox, Robert O. Keohane, Lisa L. Martin, Walter Mattli, Kathleen R. McNamara, Joseph S. Nye, Jr., Jonathan Rodden, Ronald Rogowski, Beth A. Simmons, and Peter Van Houten.

Table of Contents

List of Contributors	vii
Acknowledgments	xiii
CHAPTER 1 Globalization and Governance	1	(32)
Miles Kahler and David A. Lake
PART 1. Globalization and Changing Locations of Governance
CHAPTER 2 The Leverage of Economic Theories: Explaining Governance in an Internationalized Industry	33	(27)
Lisa L. Martin
CHAPTER 3 Political Integration and Disintegration in the Global Economy	60	(27)
Michael J. Hiscox
CHAPTER 4 Globalization and Fiscal Decentralization	87	(23)
Geoffrey Garrett and Jonathan Rodden
CHAPTER 5 Globalization and Demands for Regional Autonomy in Europe	110	(26)
Pieter Van Houten
CHAPTER 6 Monetary Governance in a World of Regional Currencies	136	(32)
Benjamin J. Cohen
CHAPTER 7 Governing Global Financial Markets: International Responses to the Hedge-Fund Problem	168	(31)
Barry Eichengreen
CHAPTER 8 Public and Private Governance in Setting International Standards	199	(27)
Walter Mattli
CHAPTER 9 Globalization and Industry Self-Regulation	226	(29)
Virginia Haufler
PART 2. Convergence in National Governance
CHAPTER 10 International Capital Mobility and National Policy Divergence	255	(20)
Ronald Rogowski
CHAPTER 11 Globalization and Policy Diffusion: Explaining Three Decades of Liberalization	275	(30)
Beth A. Simmons and Zachary Elkins
CHAPTER 12 Corporate Governance: Global Markets, National Politics	305	(27)
Peter Gourevitch
CHAPTER 13 Globalization, Institutions, and Convergence: Fiscal Adjustment in Europe	332	(29)
Kathleen R. McNamara
PART 3. Democratic Deficits and the Problem of Accountability
CHAPTER 14 Democracy, Accountability, and Rights in Supranational Governance	361	(25)
James A. Caporaso
CHAPTER 15 Redefining Accountability for Global Governance	386	(26)
Robert O. Keohane and Joseph S. Nye, Jr.
CHAPTER 16 Globalization and Changing Patterns of Political Authority	412	(27)
Miles Kahler and David A. Lake
References	439	(42)
Index	481