In 1977 Prime Minister James Callaghan and Liberal leader David Steel struck a constitutional deal, by which the Labour government could survive a vote of no confidence and get its business through Parliament, while the Liberals gained access to the anterooms of power. The Pact, a contemporaneous account of the hatching and workings of the 'Lib-Lab' deal of 1977-8, is an invaluable time-capsule of British politics but also a pointer to its future. Coalition government has oft been scorned in Britain, since - as Alistair Michie and Simon Hoggart note - the main parties regard their opponents chiefly as 'targets off which points may be scored'. But hung parliaments and inter-party deals, as revived in May of 2010, may be back to stay. This new edition of The Pact, in memory of its co-author Simon Hoggart (1946-2014), includes new prefaces by David Steel, Roy Hattersley, and the journalist Stephen Bush.

This open access book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development. It is a truly unique book. Never before has such an authoritative group of essayists come together to develop deep new thinking about global governance that is relevant to current shared global challenges. They express deep concerns about the historically unprecedented upheavals in the world. They describe the unparalleled turbulence that mankind is facing in the form of multiple crises, any one of which has the potential to bring civilization to its knees. The most obvious of these is the threat posed by climate change. They spell out why these perils pose a stark choice for the human race. They stress how any path that leads to conflict increases the risk of catastrophe. In this context, the common thread is that a consensus must be reached about the future of our world. They have put forward many ideas and potential new policies, reflecting their vision of what this consensus should be and how it is the only way forward for the human race.

This open access book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development. It is a truly unique book. Never before has such an authoritative group of essayists come together to develop deep new thinking about global governance that is relevant to current shared global challenges. They express deep concerns about the historically unprecedented upheavals in the world. They describe the unparalleled turbulence that mankind is facing in the form of multiple crises, any one of which has the potential to bring civilization to its knees. The most obvious of these is the threat posed by climate change. They spell out why these perils pose a stark choice for the human race. They stress how any path that leads to conflict increases the risk of catastrophe. In this context, the common thread is that a consensus must be reached about the future of our world. They have put forward many ideas and potential new policies, reflecting their vision of what this consensus should be and how it is the only way forward for the human race.