Full Description
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.
Contents
I: Introduction and Theoretical Framework
1: Ayelet Berman, Tim Büthe, Martino Maggetti, Joost Pauwelyn: Introduction: Rethinking Stakeholder Participation in Global Governance
2: Mercy DeMenno and Tim Büthe: Voice and Influence in Global Governance: An Analytical Framework
3: Tim Büthe and Cindy Cheng: Analyzing the Consequences of Institutional Reforms Using Country Pairs: A Note on the (Coarsened Exact) Matched-Country-Pairs Methodology of the Rethinking Stakeholder Participation Project
II: Institutions and Reforms in Global Financial Governance
4: Olga Kovarzina and Martino Maggetti: Stakeholder Participation Reforms in Global Financial Governance
5: Kern Alexander: Global Financial Governance and Banking Regulation: Redesigning Regulation to Promote Stakeholder Interests
6: Henrique Choer Moraes and Facundo Pérez Aznar: Brazil and Argentina in Global Financial Governance
7: Weiwei Zhang: China and Vietnam in Global Financial Governance
8: Rahul Mukherji and Himanshu Jha: India and Bangladesh in Global Financial Governance: From Structural Conflict to Embedded Liberalism in the Climate Finance Regime
9: Martino Maggetti and Olga Kovarzina: Assessing Stakeholder Participation Reforms in Global Financial Governance
10: Christopher J. Brummer: On Expanding the Theory of Stakeholder Participation
11: Ronald Gindrat and Paul Inderbinen: Comparing Formal and Informal Bodies in International Finance: A Policy-Making Perspective
12: Henrique Choer Moraes: Can Regional Institutions Increase the Legitimacy of Global Governance? The Cases of the Regional Branches of the FATF and of the FSB
III: Institutions and Reforms in Global Health Governance
13: Ayelet Berman: Stakeholder Participation Reforms in Global Health Governance
14: David Gartner: Global Health Governance and Stakeholder Participation
15: André de Mello e Souza and Facundo Pérez Aznar: Brazil and Argentina in Global Health Governance
16: Cindy Cheng, Anh Do: China and Vietnam in Global Health Governance
17: Tim Büthe, Sachin Chaturvedi, Peter Payoyo and Krishna Ravi Srinivas: India and the Philippines in Global Health Governance
18: Ayelet Berman and Joost Pauwelyn: Assessing Stakeholder Participation Reforms in Global Health Governance
19: Gian Luca Burci: The Effects of Stakeholder Reforms on Global Health Governance
20: Suerie Moon: How Much Do Health Actors from the Global South Influence Global Health Governance?
21: Gülen Atay Newton: Evolving Norms and Objectives Regarding Stakeholder Participation: The Global Fund to Fight AIDS, Tuberculosis and Malaria
22: K.M. Gopakumar: The World Health Organization's Engagement with Non-State Actors: The Risk of Corporate Influence
IV: Stakeholder Participation in Global Governance: Cross-Cutting Issues
23: Ayelet Berman and Eyal Benvenisti: The Stakeholder Participation Triangle: Trusteeship, Functionality and Efficiency
24: Kal Raustiala: Public Power and Private Stakeholders
25: Tim Büthe, Joost Pauwelyn, Martino Maggetti, and Ayelet Berman: Conclusion: The Participation of Marginalized Stakeholders in Global Governance
