Globalization and Global Governance
Debates on globalization feature concerns about multilateral co-operation in the areas of investment, trade, security and financial stability.
These throw up questions – Can global governance achieve democratic, accountable, and effective institutional outcomes? What of the historical forces leading to the current moment – the rising tides of reflex nationalism and protectionism; China’s novel pathway to globality and its role as a sovereign creditor? These and other developments are captured in discussions as the course unfolds.
The course begins by historicising global order before and beyond the Bretton Woods institutional underpinnings of the global political economy. It then proceeds to critically assess the role of select international financial and development institutions in resolving transnational problems.