From Centralised to Decentralising Global Economic Architecture : The Asian P...

by Xianbai Ji

$129 · Offered by eBay

From Centralised to Decentralising Global Economic Architecture : The Asian Perspective, Paperback by Rana, Pradumna B. (EDT); Ji, Xianbai (EDT), ISBN 9811920435, ISBN-13 9789811920431, Like New Used, Free shipping in the US This book focuses on the recent rise of new regional economic institutions such as the Chiang Mai Initiative Multilateralisation, the Asian Infrastructure Investment Bank, and the Regional Comprehensive Economic Partnership, which were established, in part, as a result of dissatisfaction of dynamic emerging markets with global economic institutions such as the IMF, the World Bank, and the GATT/WTO. The latter were formed by advanced economies in the West, after the historic Bretton Wood Conference of 1944. In doing so, th addresses how this recent round of decentralisation, defined as the co-existence of “senior” global institutions and a plethora of newly-established regional institutions, has affected global economic governance, and the delivery of global public goods. It also poses the question if this has led to the fragmentation of global economic governance. Th adds value to existing literature by using a benefit-risk analytical framework to study the decentralisation process. Unlike the “contested multilateralism” argument used by some authors which focuses on the costs of decentralisation, the authors argue that benefits must also be considered. It also describes and analyses the establishment of global and regional international economic institut

• Publisher: Palgrave Macmillan
• Year: 2023
• Binding: Paperback
• ISBN: 9789811920431
• Condition: Fine

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