L1 - Introduction & Trends

Question 1

What are the main trends in Global Governance?

Answer 1

1. Multiple crises - poverty and inequality, climate, etc…

(COVID-19, Russia, Refugee Crisis, Gaza War)

2. Geopolitical shifts and deepening multipolarity

(IMF adaption to rising powers, WTO crisis, Western institutions vs. BRICS)

3. Tensions and wars
4. Nationalist Populist backlash (anti-globalisation and isolationism)

Question 2

Globalisation?

Answer 2

Interconnected ideas, trade, communication, migration - entanglement of the system

Question 3

Global Governance?

Answer 3

Global governance refers to institutions that coordinate the behaviour of transnational actors, facilitate cooperation, resolve disputes, and alleviate collective action problems.

Question 4

Crisis of liberal internationalism and the multilateral system

Answer 4

unmanaged globalisation and unmet challenges - promotion of Liberal Democracy and internationalism has lead to backlash, neoliberalism has caused financial crises and competition…

INSTITUTIONS WHICH WERE FORMED TO UPHOLD THIS ARE NOW UNDERMINED

‘kantian triangle’ in trouble = promotion of liberal democracy, neoliberal globalisation, multilateral institutions

Question 5

What are global public goods?

Answer 5

Good that every person can enjoy in a non-exclusive and non-rival way - accessible for all, a world community with equal rights….

Climate, Health, Labour…

Global governance arrangement with similar functions as state in lieu of ‘world government’ - financial responsibility + policy coherence