Global Public Policy: Governing Without Government?

Global Public Policy: Governing Without Government?
by Wolfgang H. Reinicke

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Book Description
During the last decade "globalization" has become a fashionable term among policymakers and academics alike. Not one days 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.

Card catalog description
In this book, Wolfgang Reinicke provides an in-depth analysis of economic globalization and examines its implications for public policy. Using three studies - the need for global supervision of banking and finance; efforts to control money laundering, the engine of global criminal networks; and the management of dual-use technology transfer after the cold war - the book shows how the principles of global public policy have the potential to improve the capacities of governments and international organizations to deal with the challenges of the 21st century, without having to resort to territorial answers.

About the Author
Wolfgang H. Reinicke is a Senior Economist at the Corporate Strategy Group of the World Bank and a nonresident fellow in the Foreign Policy Studies program at the Brookings Institution. His previous publications include Toward a Balanced Partnership: A Medium-Term Perspective on EU-US Relations (Nomos, 1997), Deepening the Atlantic: Toward a New Transatlantic Marketplace? (Bertelsmann, 1996), Banking, Politics and Global Finance: American Commercial Banks and Regulatory Change, 1980-1990 (Edward Elgar, 1995), and Building a New Europe: The Challenge of System Transformation and Systemic Reform (Brookings, 1992).

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