Global economic governance

This work has explored the origins of the US-led liberal multilateral economic order in the post-war world and the threats which that order now faces, drawing on contributions from academic international relations (IR) scholars and international economists. It has described the nature of the global economic governance that emerged and examined the best ways of analysing this governance formally. It has gone on to explore how contemporary challenges—a broadening of policy requirements, the rise of economic nationalism, and the rise of China as a new hegemon—mean that the global economic order is now in flux. We have described ways in which policymakers might respond to this challenge.