Global Public Policy: Governing Without Government?

During the last decade "globalization" has become a fashion among policymakers and academics alike. Not one day passes during which the term is not being invoked to legitimize a policy decision, promote a policy prescription, or explain a policy outcome. Despite its frequent use, however, little is known about globalization and its effects. In this pathbreaking new book, Wolfgang Reinicke provides an in-depth analysis of economic globalization and examines its implications for public policy. National responses, as suggested on both ends of the political spectrum in the United States and elsewhere, are often flawed. Global public policy--not world government, but a mixed approach to global management in which states, corporations, NGOs, regional and international organizations, and coalitions cooperate--provides an alternative and promising framework. Using four case studies--global banking, money laundering, dual-use export controls, and trade in chemical precursors--the book develops the concept of global public policy and shows how its principles have the potential to improve the capacities of policymakers to deal with the challenges of the 21st century.

Global Public Policy: Governing without Government?

Reinicke, Wolfgang H.

Reference

Brookings Institution Press

During the last decade "globalization" has become a fashion among policymakers and academics alike. Not one day passes during which the term is not being invoked to legitimize a policy decision, promote a policy prescription, or explain a policy outcome. Despite its frequent use, however, little is known about globalization and its effects. In this pathbreaking new book, Wolfgang Reinicke provides an in-depth analysis of economic globalization and examines its implications for public policy. National responses, as suggested on both ends of the political spectrum in the United States and elsewhere, are often flawed. Global public policy--not world government, but a mixed approach to global management in which states, corporations, NGOs, regional and international organizations, and coalitions cooperate--provides an alternative and promising framework. Using four case studies--global banking, money laundering, dual-use export controls, and trade in chemical precursors--the book develops the concept of global public policy and shows how its principles have the potential to improve the capacities of policymakers to deal with the challenges of the 21st century.

Business & Money

International

Brookings Inst Pr

In this book, Wolfgang Reincke examines many of the challenges confronting Europe as it begins a new era. Currently, the countries of Central and Eastern Europe are struggling to build market economies and multiparty democracies, and the European Community is divided on the future course of integration. Reinicke developes a series of policy recommendations to address these challenges.

Building a New Europe: The Challenge of System Transformation and Systemic Reform (Brookings Occasional Papers)

Politics & Social Sciences

Politics & Government

Book by Reinicke, Wolfgang H., Kapstein, Ethan B., Staff, Council on Foreign Affairs, Mathews, Jessica T.

Is Global Capitalism Working?: A Foreign Affairs Reader

Kapstein, Ethan B.

Staff, Council on Foreign Affairs

Mathews, Jessica T.

Council on Foreign Relations

Banking, Politics and Global Finance presents an innovative, micro-political examination of the US banking system's response to the on-going globalization of financial markets. This approach contrasts sharply with earlier studies which have emphasized the macro-structural aspects of politics through concentrating on elements of stability and consistency in the policy responses by advanced industrial countries to external economic pressures.By micro-political analysis of policy making, this book reveals a multitude of changes in the interests, coalitions and power constellations among private and public sector actors and institutions in the US financial system, in the absence of any macrostructural adjustment. These changes have opened alternative channels for policy making leading to substantial adjustments in the regulatory framework governing US financial markets by circumventing traditional mechanisms for policy making. Using detailed discussion of both the unsuccessful attempts to repeal the law that separates commercial from investment banking - the Glass-Steagall Act - and the successful raising of the capital standards of US commercial banks, Dr Reinicke's book also explains why the same policy network can respond very differently to an external economic challenge, a phenomenon usually neglected in the literature on comparative political economy.

BANKING, POLITICS AND GLOBAL FINANCE: American Commercial Banks and Regulatory Change, 1980–1990 (Studies in International Political Economy series)

Economics

Edward Elgar Publishing

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Books by Reinicke, Wolfgang H.