Report by Miles KahlerC. Randall HenningChad P.

The Multilateral Trading System and Preferential Trade Agreements: Can the Negative Effects Be Minimized? on JSTOR

BownHongying WangErik Voetenand Paul D. Senior Fellow, Peterson Institute for International Economics. Krogh Professor of Geopolitics and Justice in World Affairs, Georgetown University.

Trade, climate change and the role of values in global governance | Global Policy Journal - Practitioner, Academic, Global Governance, International Law, Economics, Security, Institutions, Comment & Opinion, Media, Events, Journal

Regional institutions and initiatives have proliferated in the twenty-first century. This latest wave of regional innovation raises, in new guise, a long-standing conundrum for global order and U. When is regional organization a useful, even essential, complement to the ends of global governance—financial stability, an open trading system, sustainable development, robust protection of human rights, or the end of civil wars—and when does it threaten or undermine the achievement of those goals?

The new regionalism presents the prospect for new benefits for global order as well as new risks. How those challenges and risks are addressed, by the United States and by other member states, will determine whether a fragmented global order or more effective global and regional governance emerge over the next decade. Five authors examine these dilemmas across five issue areas: In each issue area, regional actors and institutions have emerged that reopen and recast earlier debates about regionalism and its effects on global order.

In four of the five issue areas, a single, established global institution contends with regional alternatives: In the domain of human rights, the newly redesigned UN Human Rights Council UNHRC does not enjoy a similar, central position; global human rights conventions set the normative frame for regional human rights commissions and courts. Each author suggests ways in which the new regionalism can be harnessed to serve global purposes and the contribution that U.

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Bown Senior Fellow, Peterson Institute for International Economics. Hongying Wang Associate Professor, University of Waterloo. Erik Voeten Peter F. Williams Associate Professor, George Washington University. Overview Regional institutions and initiatives have proliferated in the twenty-first century.

Selected Figures From This Series Chapter Downloads "Regional Challenges to Global Governance," by Miles Kahler [K PDF] "Global and Regional Financial Governance: Designing Cooperation," by C.

Introduction: The Future of the Multilateral Trade System—What Role for the World Trade Organization? on JSTOR

Randall Henning [K PDF] "Mega-Regional Trade Agreements and the Future of the World Trade Organization," by Chad P. Bown [K PDF] "New Multilateral Development Banks: Oportunities and Challenges for Global Governance," by Hongying Wang [K PDF] "International Human Rights Institutions: Competition and Complementarity," by Erik Voeten [K PDF] "Global and Regional Peacekeepers," by Paul D.

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