Grappling with Globalisation: Challenges for Economic Governance
نویسنده
چکیده
D EMONSTRATIONS by citizen groups against the World Trade Organisation (WTO) in Seattle (29 November–3 December, 1999) and more recently against the World Bank and the International Monetary Fund (IMF) in Washington, DC (16–17 April, 2000) raise issues about the legitimacy of globalisation processes. To examine key domestic institutional challenges posed by globalisation, this paper focuses on the following questions: how does economic globalisation differ from other types of economic integration, what is its impact on the extant national institutions of economic governance, what institutional innovations are required to cope with the challenges, and how can institutional change be made politically feasible? This paper surveys literatures on these subjects and distills key implications.
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