Kasinomics

Slaughter – A New World Order

Anne Marie Slaughters Book on A New World Order deals with transgovernmental networks. She focuses on the classic governmental networks, but also on regulators, judges and parlamentarians establishing their own network.

The description of Regulatory networks are particular interesting. According to Slaughter, regulatory networks emerged because of shared responsibility for transnational financial entities. These networks are concentrated around EU- and OECD-countries (in the field of financial regulation maybe it’s better to speak of BIS-networks).

She also distinguishes three different kinds of transgovernmental networks: government networks within international organisations (within the UN), within an executive agreements (G7) or spontaneous government networks which sometimes became institutionalized. She also distinguishes Information Networks, Enforcement Networks (which sometimes leads to capacity building) and Harmonization Networks.

The book tries to explain how increased transgovernmental networks help to solve the dilemma of needing increased cooperation between goverments on global problems with an increased scepticism against a global government. She also points to the dilemmas of criticism of transgovernmental network. For instance, the increased demand for accountability to domestic political groups might reduce the ability of transgovernmental networks to solve global problems.

Topics of this post: anne-marie slaughter, bis, Books, g7, oecd

See also

• Project: Mapping the Financial Governance
• Membership of Key Economies in International Organisations
• Global Economic Governance and IGOs – definitions by Jacobs
• G8 Action Plan on Local Currency Bond Markets – Overview
• G33 – Group of Thirty-Three
• G22 – Group of Twenty-Two
• Summary of the recommendations of the Meltzer-Report
• Intergovernmentalism in Financial Regulation
• G10 – Group of Ten
• Bill Cara: Finance Ministers vs. Central Bank Governors

22. August 2008 by kasi
Categories: Books | Tags: anne-marie slaughter, bis, g7, oecd | 2 comments