Power and Global Economic Institutions

AvAyse Kaya

Häftad, Engelska, 2017

464 kr

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Beskrivning

What is the relationship between states' economic power and their formal political power in multilateral economic institutions? Why do we see variation in states' formal political power across economic institutions of the same era? In this book, Ayse Kaya examines these crucial under-explored questions, drawing on multiple theoretical traditions within international relations to advance a new approach of 'adjusted power'. She explains how the economic shifts of our time, marked by the rise of Brazil, Russia, India, China and other emerging economies, have affected and will impact key multilateral economic institutions. Through detailed contemporary and historical analyses of the International Monetary Fund, the World Bank, the G20, and the International Trade Organization, Kaya shows that the institutional setting mediates the significance of the underlying distribution of economic power across states. The book presents both case studies and key statistics.

Produktinformation

Utgivningsdatum:2017-11-16
Mått:153 x 230 x 15 mm
Vikt:450 g
Format:Häftad
Språk:Engelska
Antal sidor:298
Förlag:Cambridge University Press
ISBN:9781107544062

Utforska kategorier

Internationella relationer inom Samhälle och politik

Mer om författaren

Ayse Kaya is Assistant Professor of Political Science at Swarthmore College, Pennsylvania. The co-editor of Global Inequality: Patterns and Explanations (2007), she has published in numerous academic journals on global economic governance.

Recensioner i media

'This ambitious study opens up the black box of how power and institutions interact in the rapidly changing post-Crisis world of global economic governance. Kaya exposes the tensions between the formal and informal faces of power in the struggle to influence both rules and outcomes across the World Bank, the IMF, and the emerging G20 process. Her analysis tells us that where the 'declining old' might prove too slow in ceding their formal institutional prerogatives, the 'rising new' may up the ante and take the game elsewhere to new forums. Global governance thus becomes less predictable and institutions less effective at adapting to the need for change. In short, Kaya's analysis shows us how familiar institutions remain a potentially fragile part of an increasingly fragile world order. A 'must' for scholars and students alike.' Geoffrey Underhill, University of Amsterdam

Innehållsförteckning

1. Introduction; 2. Conceptualizing political asymmetries in multilateral economic institutions; 3. The origins of states' formal equality in the global financial institutions; 4. The origins of states' voting equality in the post-war multilateral trading system; 5. Shifts in political power in the IMF in 2008–10; 6. Shifts in political power in the World Bank in 2008–10; 7. The G20: a delegatory institution; 8. Conclusions.