By Jose Antonio Ocampo
ISBN-10: 0191827649
ISBN-13: 9780191827648
ISBN-10: 0198785941
ISBN-13: 9780198785941
This quantity examines the discussion round worldwide public items and improvement cooperation. It asks: how will overseas cooperation and improvement associations be replaced? How do we ensure that those worldwide tasks and associations are innovating for the better?
summary: This quantity examines the discussion round worldwide public items and improvement cooperation. It asks: how will overseas cooperation and improvement associations be replaced? How will we ensure that those international projects and associations are innovating for the higher?
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Xviii). In his words: “Democracies have the right to protect their social arrangements, and when this right clashes with the requirements of the global economy, it is the latter that should give way,” and therefore, “A thin layer of international rules that leaves substantial room for maneuver by national governments is a better globalization” (Rodrik, 2011, p. xix). The problem with both formulations is that they are partial. In terms of the typology presented in Section 1, they apply to different domains of international cooperation.
59). Others have simply proposed reforms to reinvigorate the existing ECOSOC, to a large extent under the assumption that the Council has already been given by the UN Charter the responsibility to coordinate the system. The most interesting recent proposal was that made in 2009 by the UN Stiglitz Commission to create a Global Economic Coordination Council (GECC). According to this proposal, the GECC would meet at the Headsof-State level (like the current G-20) and would enjoy the formal support of a subset of existing UN system entities—the UN Secretariat, ILO, IMF, and World Bank—as well as WTO.
For this reason, the international system has agreed that global rules (in trade, investment, finance, and IPRs) should follow the principle of “special and differential treatment” for countries at lower levels of development. But the scope of this treatment has been very limited in practice and its effectiveness has been weak. ” This is a better concept, as it underscores the different responsibilities and capacities that countries at different level of development have to contribute to global action, but also recognizes the responsibility that developing countries have in an interconnected world.