"Global governance is the latest buzzword. Now comes a study that brings clarity and critical analysis to this ill-defined topic."
William I. Robinson, University of California-Santa Barbara

"[An] acute and revealing examination of the economic difficulties facing the American empire."
Ronnie D. Lipschutz, Professor of Politics, University of California, Santa Cruz

"Indispensable for students of international polical economy and a must for political activists." Professor Elmar Altvater, Department of Political Science, Free University, Berlin

Like many buzzwords, 'global governance' is as poorly understood as it is popular. In contrast to most mainstream accounts, this book examines global economic governance as an integral moment of contemporary capitalism -- presenting a critical insight into its real nature and the interests that it serves.

This book begins by asking what has not been discussed in the mainstream debates and why. Drawing on a Marxist perspective, Soederberg explores neglected issues including transnational debt and the increasingly coercive nature of US aid to so-called Œfailed states'. Soederberg argues that mainstream understandings fail to engage with the wider contradictions that characterise global capitalism. In consequence, there is no explanation of the changing nature of American empire and capitalist power in the world. Furthermore, Soederberg argues that global governance acts to normalise and legitimise increasingly austere forms of capitalist expansion, which may be regarded as a deepening and broadening of neoliberalism.

Susanne Soederberg is a Canada Research Chair in Global Political Economy and Associate Professor in International Development Studies at Queen's University, Kingston, Canada. She is author of The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South (Zed, 2005).

Every nation in Asia has dealt with COVID-19 differently and with varying levels of success in the absence of clear and effective leadership from the WHO. As a result, the WHO’s role in Asia as a global health organization is coming under increasing pressure. As its credibility is slowly being eroded by public displays of incompetence and negligence, it has also become an arena of contestation. Moreover, while the pandemic continues to undermine the future of global health governance as a whole, the highly interdependent economies in Asia have exposed the speed with which pandemics can spread, as intensive regional travel and business connections have caused every area in the region to be hit hard. The migrant labor necessary to sustain globalized economies has been strained and the security of international workers is now more precarious than ever, as millions have been left stranded, seen their entry blocked, or have limited access to health services. This volume provides an accessible framework for the understanding the effects of the COVID-19 pandemic in Asia, with a specific emphasis on global governance in health and labor.

Dilemmas from climate change to financial meltdowns make it clear that global interconnectedness is the norm in the twenty-first century. As a result, global governance organizations (GGOs)—from the World Trade Organization to the Forest Stewardship Council—have taken on prominent roles in the management of international affairs. These GGOs create and promulgate rules to address a host of pressing problems. But as World Rule reveals, they struggle to meet two challenges: building authority despite limited ability to impose sanctions and maintaining legitimacy while satisfying the demands of key constituencies whose support is essential to a global rulemaking regime.

Through a novel empirical study of twenty-five GGOs, Jonathan GS Koppell provides a clearer picture of the compromises within and the competition among these influential institutions by focusing attention on their organizational design. Analyzing four aspects of GGO organization in depth—representation and administration, the rulemaking process, adherence and enforcement, and interest group participation—Koppell describes variation systemically, identifies patterns, and offers explanations that link GGO design to the fundamental challenge of accountability in global governance.