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Rising Powers and Multilateral Institutions : International Political Economy Series - Dries Lesage

Rising Powers and Multilateral Institutions

By: Dries Lesage

eBook | 26 May 2016

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The rise of new powers such as China and India is sending shockwaves through the global multilateral system. Yet, not every multilateral institution is affected in the same way and many institutions have developed different responses to the global power shift. This volume is the first to systematically examine these different responses. It looks in detail at 13 multilateral institutions ranging from exclusive Western clubs (NATO, OECD, IEA, IASB, and G8) over global institutions in which rising powers are deprived of equal decision-making power (UN Security Council, IMF, and World Bank) to global institutions in which rising powers have equal decision-making power (WTO, WIPO, UNFCCC, CBD, and the G20). The contributors offer an interpretation of why some institutions are proving highly resilient thanks to the innovative outreach and reform activities they deploy, while others have more troubles to adapt as they become paralyzed by gridlock or even retreat from the global scene.
Industry Reviews
'This is a really useful, high quality edited collection. It gathers together several distinguished analysts of global institutions and asks them all to consider the new issues and changing trends generated for these institutions by the rise of non-Western powers in global politics. The book genuinely adds to our knowledge and understanding in this key, but often neglected, dimension of global economic and political change.' - Anthony Payne, University of Sheffield, UK 'No other work on emerging powers and global governance approaches this one in the distinction of its authors, the range of multilateral institutions covered, and the careful analysis of contrasting institutional responses that it contains. - Miles Kahler, American University, USA
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