This paper examines practical measures which could refashion and reinvigorate the role of institutions in governing the global economy so as to better manage the precariousness, the inequality, and the lack of engagement in. Hdr 2002, background paper by ngaire woods, page 2 accountability in global governance by ngaire woods introduction 1. It describes neither where governance authority is located nor where it should be. She founded the global economic governance programme currently directed by emily jones and is the cofounder with robert keohane of the oxfordprinceton global leaders fellowship programme. Advances in technology and modern communications are said to have unleashed new contacts and intercourse among peoples, social movements, transnational corporations, and governments. Ngaire woods financial governance for innovation and social. A lecturer in politics and international relations and director of the global economic governance program at university college, oxford, she is also a. To better understand the moment from a historical and academic point of view, ngaire woods, dean of the blavatnik school of government and professor of global economic governance at oxford university, was invited by ie university as a guest speaker for a seminar on the topic. Engaging the public and the private in global sustainability. I would like to acknowledge the very helpful comments of tim barton oup, and.
Outlook on the global agenda 2015 reports world economic. Civil society participation in prsps, report to the development for international development, volume 1. Woods, ngaire and betts, alexander and prantl, jochen and sridhar, devi. For full access to this pdf, sign in to an existing account, or purchase an. The global economic and financial crisis of 2007 highlighted the risks, threats and enormous costs of a global economy in the absence of a global. Global governance 5 1999, 3961 good governance in international organizations ngaire woods ood governance moved onto the agenda of many international or ganizations at the end of the cold war when calls for democracy and better government became louder and as expectations were. Ngaire woods joined cigis former international board of governors in 2003 and is now a member of cigis board of directors, which formed in 2014. Professor of international political economy and director of the global economic governance programme at the university of oxford. The battle for the bank center for global development. The world economic forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Professor ngaire woods is the inaugural dean of the blavatnik school of government and professor of global economic governance at the university of oxford. A lecturer in politics and international relations and director of the global economic governance program.
Ngaire woods is professor of international political economy and director of the global economic governance programme at oxford. Ngaire woods is professor of international political economy, director of the global economic governance programme and dean of the blatavik school of government, oxford university. Dec 10, 20 ngaire woods blavatnik school of government, university of oxford spoke about three issues affecting global institutions since 2008. Global governance in the context of climate change. Under these circumstances, the world is facing a change in the distribution of power in the world. Ngaire woods, dean of the blavatnik school of government at university of. Outlook on the global agenda 2015 new governance architecture. Global governance of antimicrobial resistance the lancet. Ngaire woods is director of the global economic governance programme and dean of graduates at university college, oxford. Keohane of the oxfordprinceton global leaders fellowship programme. Ngaire woods is professor of global economic governance and the. Explaining regulatory change in global politics, this volume. Incorporated as a notforprofit foundation in 1971, and headquartered in geneva, switzerland, the forum is tied to no political, partisan or national interests. It began with the rapid increase of defaults in subprime mortgages in the united states and a few other countries and quickly spread across highly intertwined financial markets, affecting millions of people.
The political economy of globalization springerlink. Ngaire woods globalization, governance and large scale. It is wellacknowledged that there is an imbalance between the existing structures and processes for global governance and the threats that the world. Pdf download for theorizing the role of executive heads in international organizations. A borderless threat like antimicrobial resistance requires global governance mechanisms to mitigate its emergence and spread, and it is the responsibility of all countries and relevant.
Sep 06, 20 global institutions after the crisis sep 6, 20 ngaire woods when the global financial crisis erupted five years ago, many glimpsed a silver lining. Global governance and the role of institutions monash. Global governance and the role of institutions request pdf. In part this is because governance within the global economy has not kept up with global ization and growth. Over the last decade, the perceived failures of global governance have left us. Ngaire woods professor of global economic governance, speaker.
Making the imf and the world bank more accountable ngaire woods saturday, march 1. Transforming global governance for the 21st century. Ngaire woods director, global economic governance program. For a study focused specifically on the effects of globalization on inequality see andrew hurrell and ngaire woods eds, globalization, inequality. Woods, n, global governance and the role of institutions, pp. A new multilateralism or the last gasp of the great powers. Woods, ngaire and betts, alexander and prantl, jochen and sridhar, devi, transforming global governance for the 21st. The imf, the world bank, and their borrowerscornell university press, april 2006. Jun 02, 2011 ngaire woods globalization, governance and large scale change skoll world forum 2011. Woods, ngaire and betts, alexander and prantl, jochen and sridhar, devi, transforming global governance for the 21st century july 8, 20. Ngaire woods is the founding dean of the blavatnik school of government and professor of global economic governance at oxford university.
A truly global response to reduce the threat of amr requires everyone to play their part. She founded the global economic governance programme currently directed by emily jones and is the cofounder with robert keohane of the oxfordprinceton global. Ngaire woods agenda contributor world economic forum. Theorizing the role of executive heads in international organizations. The united states can no longer be counted on to uphold, much less enforce, existing rules, and countries more broadly cannot be assumed to agree on, much. The politics of global regulation princeton university press. Type chapter authors ngaire woods page start 25 page end 45 is part of book title governing globalization. Ngaire woods ngaire woods is the founding dean of the blavatnik school of government, oxford university, and professor of global economic governance. Accountability in global governance by ngaire woods introduction 1. Dean, blavatnik school of government, university of oxford, united kingdom. The global tables are filled with keynotes, discussions, interviews and impulse statements by highranking representatives from research.
Feb 9, 2017 ngaire woods the past three weeks have given the world a stunning role reversal in global governance, with the us eschewing multilateralism and china promoting it. With china, brazil, india, russia and other powerful emerging economies now at the table, is a new more multilateral era of governance emerging. Ces working papers volume vii, issue 1 193 global governance vs. Over the last decade, the perceived failures of global governance have left us grappling for new solutions, and wondering whether we need to go back to basics. So too global public health and the international pharmaceutical industry have sprung into the limelight with the spectre of anthrax spreading in and possibly outside of the us. Accountability in global governance human development. Blavatnik school of government, university of oxford, oxford, uk. Oxford university which was established in 2003 to conduct research. After launching a global economic governance programme, woods, a professor of international relations, was chosen as dean of the blavatnik school. Ngaire woods, professor of international political economy and director of the global economic governance programme, oxford university. Reforming the imf and world bank university of oxford. Tony porter has noted that private and public authority are deeply entangled tony porter, global governance as configurations of statenonstate activity, in j. We thank walter mattli and ngaire woods for suggesting that we differentiate the.
Her research focuses on how to enhance the governance of organizations, the challenges of globalization, global development, and the role of international institutions and global economic governance. Good governance in international organizations, global governance, 5. Dean ngaire, a distinguished academic on the matter and which she has covered extensively, captured the audiences. May 19, 2018 the focused set of priorities for amr governance, the international legal process needed to deliver on these, and the supporting highlevel amr commission and global steering board that we propose are only part of the solution. Professor of global economic governance university of oxford professor ngaire woods is the inaugural dean of the blavatnik school of government and professor of global economic governance. The british public could face one final referendum, but it has its risks. Transforming global governance for the 21st century by. Ngaire woods, dean of the blavatnik school of government at oxford university and director of oxfords global economic governance programme in. Our broader objective is to attain a sufficient level of historical and contemporary knowledge of global economic governance to be fully versant in contemporary policy debates and to. Just as our project on the politics of global regulation was nearing its conclusion, a global financial crisis erupted. Multilateral development banking for this centurys development challenges. Building ideas for global changetm global institutional reform. Multilateral development banking for this centurys. Professor ngaire woods is an expert and influential thinker on the future of the international financial institutions.
Regulation by public and private organizations can be hijacked by special interests or small groups of powerful firms. Ngaire woods dean, blavatnik school of government, university of oxford, and vicechair of the metacouncil on the new architecture of governance. She also serves as director of the global economic governance programme and dean of graduates at university college, oxford. Transforming global governance for the 21st century ngaire woods, alexander betts, jochen prantl and devi sridhar abstract this paper examines the transformation of global governance triggered by the rise of the global south. Good governance in international organizations, global governance, 5 1999 3961 at p. Panelists focused on a report released by the highlevel panel on the governance of the financial stability board, comprising former finance ministers, senior academics, experts of global. Briefing paper the g20 leaders group burst onto the scene in the wake of the global financial. Offenheiser has offered a dissenting opinion, which can be found at the end of this report. Her research focuses on how to enhance the governance of organisations, the challenges of globalisation, global development, and the role of international institutions and global economic governance.
Professor ngaire woods is the founding dean of the blavatnik school of government and professor of global economic governance at oxford university. Background paper first draft by ngaire woods, page 30 wbimf 2000. Ngaire woods centre for international governance innovation. Ngaire woods, oxford university and center for global development ngaire woods is director of the global economic governance programme at university college, oxford where she teaches and supervises research in graduate international relations. Global economic governance programme the shifting politics. Woods and others published global governance and the role of institutions find, read and cite all the research you need on researchgate. The political economy of imf surveillance working paper the centre for international governance innovation domenico lombardi ngaire woods working paper no. During my time as the uks governor to the world bank on several occasions i reflected upon ngaire woods writings on the issue of world bank reform and. Global institutions after the crisis by ngaire woods. The political economy of globalization macmillan, 2000. National sovereignty in a globalized world sabina tuca abstract.
Globalization has become a particularly fashionable way to analyse changes in the international economy and in world politics. Good governance in international organisations by ngaire woods. Global tables on the future of multilateralism and global governance at the core of the digital global solutions summit are global tables, each tackling the t20 and g20 agenda as well as generating policies in response to the covid19 pandemic. The politics of global regulation walter mattli, ngaire woods on. Jan 27, 2010 global governance after the financial crisis. The global crisis and the changing distribution of power in the world the crisis of 2007, which originated in the united states, led the global economy into recession. Does international cooperation require shared values. As the world seems poised to recalibrate significantly the respective roles of markets and authority, the politics of global regulation offers timely analytical and experiential guidance about what works, what doesn. International political economy in an age of globalization. Woods and others published global governance and the role of institutions find. Overnight us national security acquired a more global dimension and a new coalitionbuilding impetus. A lecturer in politics and international relations and director of the global economic governance program at university college, oxford, she is also a member of the cgd advisory group. Professor ngaire woods is the inaugural dean of the blavatnik school of government and professor of global economic governance. Ngaire woods is founder and director of the global economic governance programme at.
Holmes memorial lecture at the 2020 annual meeting will be delivered by professor ngaire woods, founding dean of the blavatnik school of government and professor of global economic governance at oxford university. She is founder and director of the global economic governance programme and cofounder with robert o. Her research focuses on global economic governance, the challenges of globalization, global development, and the role of international institutions. The structural turn in international relations led to an aversion to analysing or the. Who should be held to account in global governance. Oxford between escalating trade disputes and the divisions at the g7s summit this month, the breakdown of global governance has become starkly apparent. Ngaire woods why question global governance in the 21st. Theorizing the role of executive heads in international. Ngaire woods and the reshaping of the global governance system.
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