On the transformation of global governance
Setbacks in global governance have dashed the optimism of the 1990s. Can alternatives be devised to ensure effective collective action?
Facing the increasingly urgent need for EU reform, the authors suggest a new club-based governance model which would offer scope for broad membership without stalling the process of further integration for those willing.
Maria Demertzis, Jean Pisani-Ferry, André Sapir, Thomas Wieser, Guntram B. Wolff
The authors briefly set out the scope and some issues dealt with in the Transformation of Global Governance project.
George Papaconstantinou and Jean Pisani-Ferry
Why does global governance matter? What is the current state of global governance? Where can we go from there?
On the governance of international trade
Trade rules and institutions are outdated and its geopolitics have shifted. Trade is no longer just about trade. What models and principles can be drawn on to bolster trade governance?
On the governance of international banking
Progress has been made in devising and tightening banking regulation since the financial crisis, but is it enough to avert a new one?
Vítor Constâncio, Vice-President of the European Central Bank
Banking regulation follows a fairly effective non-mandatory, coordinate-and-review model, but is it resilient enough against disruption?
On the governance of competition policy
Competition policy sits uncomfortably between its national basis and its extraterritorial effects. Voluntary cooperation and coordination has proved successful until now, but will it last?