International Economic Governance in a Multipolar World

This book explores the changing structures of capitalism, regional economic integration, and the global trading and production systems, highlighting the urgent need for solutions in the face of the pandemic's economic, political, and international reverberations. It provides insights into the long-term changes and new forms of international economic governance.

Format: Hardback
Length: 108 pages
Publication date: 14 April 2022
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate governance of the global economy, encompassing a wide range of critical aspects. From the frameworks of capitalism to the dynamics of regional economic integration, it explores the intricate web of trading and production systems that shape the world economy.

However, international economic governance faced a crisis even before the pandemic, with discussions of the crisis of multilateralism and the postwar Bretton Woods arrangements becoming commonplace. The pandemic, with its far-reaching economic, political, and international consequences, has only intensified and deepened this crisis, giving rise to a new cold war against China. This urgent situation has heightened the need for comprehensive solutions.

The chapters in this volume contribute to a deeper understanding of the long-term transformations in international economic governance and the evolving forms of the world economy at both macro and micro levels. They offer insightful perspectives on the challenges and opportunities that arise in this dynamic landscape.

The book explores the crisis of capitalism brought to light by the pandemic, particularly in contrast to socialist countries. It examines initiatives of regional economic integration that challenge the dominance of Western powers, including the United States. It also delves into the evolution of the trade regime, which has contributed to the emergence of contemporary trade wars. Moreover, the book examines the seismic shakeup of the international production system, which has profound implications for global economic dynamics.

These chapters were originally published as a special issue of "The Japanese Political Economy," showcasing the expertise and insights of leading scholars in the field. This book is a valuable resource for researchers, policymakers, and anyone interested in understanding the complex dynamics of the global economy and the challenges facing international governance.

Dimension: 254 x 178 (mm)
ISBN-13: 9781032227054