Abstract:
Global governance was, to put it charitably, one of the steadier areas of economic research. Then the storm hit; the Global Crisis capsized existing concepts, pushing economists and political economists into uncharted waters.
For scholars, these horrible events were both daunting and exciting. Cherished assumptions had to be binned, but global governance became a top-line issue for Heads-of-State. Economic and political analysis of global governance really mattered. This eReport collects a dozen essays by world-class scholars on the full range of global governance issues including macroeconomics, finance, trade, and migration. These reflect the research of nine research teams working in an EU-funded project known as PEGGED (Politics, Economics and Global Governance: the European Dimensions). The report can be downloaded from the PEGGED website.
Citation:
Vines, D and R Baldwin (2012), ‘Introduction: Rethinking Global Governance in Light of the Crisis: New Perspectives on Economic Policy Foundations', in Vines, D and R Baldwin (eds), Rethinking Economic Global Governance in Light of the Crisis: New Perspectives on Economic Policy Foundations, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/rethinking-economic-global-governance-light-crisis-new-perspectives