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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law
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Rethinking Participation in Global Governance - Voice and Influence after Stakeholder Reforms in Global Finance and Health (Hardcover)
Loot Price: R3,397
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Rethinking Participation in Global Governance - Voice and Influence after Stakeholder Reforms in Global Finance and Health (Hardcover)
Series: Law and Global Governance
Expected to ship within 10 - 15 working days
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International organizations and other global governance bodies
often make rules and decisions without input from many of the
individuals, groups, firms, and governments that are affected by
them. The standards of the Basel Committee on Banking Supervision,
for instance, developed by a small number of states, govern
financial markets and the safety of bank deposits in over a hundred
jurisdictions. Historically, the interests of developing countries,
as well as non-commercial and diffuse interests within countries,
have been excluded or disregarded in global governance. Scholars
and practitioners have criticised this democratic deficit and
called for greater participation of such marginalized stakeholders.
Against this background, international institutions have introduced
a variety of reforms with the goal of increasing and facilitating
the participation of these excluded stakeholders. This book brings
together an expert group of scholars and practitioners to
investigate the consequences of stakeholder participation reforms
in the global governance of health and finance: What reforms have
been introduced? Have these reforms given previously marginalized
stakeholders a voice in global governance bodies? What effect have
these reforms had on the legitimacy and effectiveness of global
governance? To answer these questions, the book examines
treaty-based intergovernmental organizations alongside newer forms
of global governance such as trans-governmental regulatory
networks, multi-stakeholder partnerships, and private standard
setting bodies. Through a series of paired comparative analyses,
the book provides insights into the experiences of large emerging
and smaller or lower income developing countries (Brazil v.
Argentina, China v. Vietnam, India v. the Philippines) in a diverse
set of organizations, including the World Bank and the World Health
Organization, the Basel Committee on Banking Supervision, the
Global Fund to Fight AIDS, Tuberculosis and Malaria, the
International Accounting Standards Board, Codex Alimentarius
Commission and more.
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