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Global governance and the politics of crisis
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Broome, André, Clegg, Liam and Rethel, Lena (2012) Global governance and the politics of crisis. Global Society, Vol.26 (No.1). pp. 3-17. doi:10.1080/13600826.2011.629992 ISSN 1360-0826.
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Official URL: http://dx.doi.org/10.1080/13600826.2011.629992
Abstract
The notion of global governance has always been intimately linked to that of crisis. In recent crisis episodes the architecture of global governance has been held responsible for weak or ineffective regulatory mechanisms that failed to either prevent systemic crises or to at least give an “early warning” of impending disasters, while in other episodes global governance institutions have been blamed for poor crisis responses and management. Global governance institutions have also been blamed for failing to expand the scope of their jurisdictions to incorporate new systemic risks and new market players, as well as for their inability to adapt to new political, economic, social and environmental challenges. The framing article for this special issue on “Global Governance in Crisis” examines four key features of global governance in the context of the global financial crisis: (1) the dynamic role played by ideas in making global governance “hang together” during periods of crisis; (2) how crisis serves as a driver of change in global governance (and why it sometimes does not); (3) how ubiquitous the global financial crisis was as an event in world politics; and (4) the conditions that constitute an event as a crisis. Due to the complexity and institutional “stickiness” of the contemporary architecture of global governance, the article concludes that a far-reaching overhaul and structural reforms in global governance processes is both costly and improbable in the short-term.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | J Political Science > JC Political theory J Political Science > JX International law J Political Science > JZ International relations |
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| Divisions: | Faculty of Social Sciences > Politics and International Studies | ||||
| Journal or Publication Title: | Global Society | ||||
| Publisher: | Routledge | ||||
| ISSN: | 1360-0826 | ||||
| Official Date: | 2012 | ||||
| Dates: |
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| Volume: | Vol.26 | ||||
| Number: | No.1 | ||||
| Number of Pages: | 15 | ||||
| Page Range: | pp. 3-17 | ||||
| DOI: | 10.1080/13600826.2011.629992 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access | ||||
| Description: | Introduction to Special Journal Issue on Global Governance in Crisis edited by the authors. |
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