This is a multi-part message in MIME format.
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Sid Shniad wrote:
> >> --------------------------------------------------------------------
> >>
> >> BOOK RELEASE
> >>
> >> Global Public Policy: Governing without Government?. Wolfgang H.
> >> Reinicke Published May 1998; 307 pages
> >> Cloth, 0-8157-7390-0, $42.95; Paper, 0-8157-7389-7, $18.95
> >> Brookings Bookstore: 202/797-6528 or 1-800/275-1447
> >>
> >> Book Lays Out Principles of Governance
> >> Beyond the Nation State
> >> --------------------------------------------------------------------
> >>
> >> The Asian crisis, the Helms-Burton Act, failure of fast track, a
> >> revival of nationalist, right-wing political movements, and calls to
> >> shut down the IMF all have something in common. Each is part of the
> >> growing backlash against globalization. But while globalization has
> >> become a fashionable term, little analysis has been done on its
> >> implications for public policy.
> >>
> >> In Global Public Policy: Governing without Government?, Wolfgang H.
> >> Reinicke argues that globalization has been primarily a corporate
> >> level phenomenon. Prompted by the cross-border liberalization of
> >> economic activity and the information and communication technology
> >> revolution, a labyrinth of global corporate networks -- legal and
> >> illegal -- are fast outgrowing national structures of public policy,
> >> which remain based on territory.
> >>
> >> Without a public policy framework that can accommodate such global
> >> networks and can act in the public interest, Reinicke argues,
> >> governments, which see their very rationale and legitimacy eroded,
> >> will have little choice but to fall back on national solutions for
> >> providing public goods. The problem is that such solutions focus on
> >> territory, an approach that is increasingly ineffective and that
> >> increases the risk of interstate conflict.
> >>
> >> "To avoid a backlash against globalization, public policy will have
> >> to undergo a fundamental reconstruction," says Reinicke, a Brookings
> >> Nonresident Senior Fellow and a Senior Economist in the World Bank's
> >> Corporate Strategy Group. According to the author, governance does
> >> not always have to be equated with government. Global public policy
> >> provides an alternative.
> >>
> >> But global public policy, a networked structure of public, private,
> >> non-governmental and international organizations, can only succeed
> >> if the global corporate community is willing and able to take on
> >> some public policy functions with other non-state actors. This
> >> obligates greater transparency, adherence to disclosure based
> >> regulation, and commitment to internal reforms. These principles are
> >> currently in short supply, not just in Asia, but around the globe.
> >>
> >> Reinicke makes the case for global public policy in three policy
> >> areas: the regulation of global financial markets, transnational
> >> criminal networks and money laundering, and trade in dual-use goods
> >> and technologies. In all three cases, transgovernmental cooperation
> >> is a necessary precondition. But it is not sufficient. Non-state
> >> actors, corporations and civil society alike must play an important
> >> role in formulating and implementing public policy. They are the
> >> ultimate stakeholders in the success of globalization and they can
> >> contribute to that success.
> >>
> >> Their range of activity is not bound by territory. Often
> >> corporations and NGOs have the best information,knowledge, and
> >> understanding of complex, technology-driven and fast-changing public
> >> policy issues. Their participation will lead to a more efficient and
> >> effective policy process. And the resultant private-public
> >> partnerships will generate greater legitimacy and accountability --
> >> a growing concern in the debate on globalization.
> >>
> >> Reinicke concludes by arguing that globalization must be inclusive.
> >> This suggests a strategic vision that places international financial
> >> institutions such as the World Bank and the International Monetary
> >> Fund at the center of international security arrangements for the
> >> 21st century. It also puts new programmatic demands on them. But as
> >> a trustee of global public policy, the multilateral system must
> >> become more open, transparent, and flexible, to gain the legitimacy
> >> and accountability that sustaining globalization requires.
> >>
> >> "Dr. Reinicke offers a brilliant analysis of the ways in which
> >> globalization is accelerating the erosion of the Westphalian state.
> >> But no prophet of doom, he offers creative alternatives to
> >> traditional forms of international regulation -- ideas that
> >> governments, international organizations and global corporations
> >> should take very seriously." -- Abram Chayes & Antonia Handler
> >> Chayes, Harvard Law School & Conflict Management Group
> >>
> >> "Globalization is a revolutionary force that can produce tremendous
> >> benefits if properly managed through innovative public-private
> >> governance. On the other hand, globalization can wreak economic and
> >> security havoc if wrongly addressed by protectionism and predatory
> >> competitiveness. This keen analysis of international relations at a
> >> crossroads lays out the way toward greater global prosperity and
> >> stability." -- James F. Hoge, Jr., Editor, Foreign Affairs
> >>
> >> Wolfgang H. Reinicke is a Nonresident Senior Fellow in the Foreign
> >> Policy Studies program at the Brookings Institution and a Senior
> >> Economist in the World Bank's Corporate Strategy Group. His previous
> >> publications include Toward a Balanced Partnership: A Medium-Term
> >> Perspective on EU-US Relations (Nomos, 1997), Deepening the
> >> Atlantic: Toward a New Transatlantic Marketplace? (Bertelsmann,
> >> 1996), Banking, Politics and Global Finance: American Commercial
> >> Banks and Regulatory Change, 1980-1990 (Edward Elgar, 1995), and
> >> Building a New Europe: The Challenge of System Transformation and
> >> Systemic Reform (Brookings, 1992).
> >> --------------------------------------------------------------------
> >>
> >> Global Public Policy: Governing without Government?. Wolfgang H.
> >> Reinicke Published May 1998; 307 pages
> >> Cloth, 0-8157-7390-0, $42.95; Paper, 0-8157-7389-7, $18.95
> >> Brookings Bookstore: 202/797-6528 or 1-800/275-1447
> >> --------------------------------------------------------------------
> >> --------------------------------------------------------------------
> >> For more information, e-mail Wolfgang Reinicke, Nonresident Senior
> >> Fellow, Brookings Foreign Policy Studies; Senior Economist, World
> >> Bank Corporate Strategy Group, 202/458-8388
> >> Alexander C. Kafka, Brookings Senior Press Officer, 202/797-6300
> >>
> >> --------------------------------------------------------------------
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]
--------------8A90FFDD02EE696672E0B7BA
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Fri, 22 May 1998 13:39:05 -0700 (PDT)
Date: Fri, 22 May 1998 11:49:46 -0700
To: [EMAIL PROTECTED]
From: Sid Shniad <[EMAIL PROTECTED]>
Subject: Governing without Government: Book Release
>> --------------------------------------------------------------------
>>
>> BOOK RELEASE
>>
>> Global Public Policy: Governing without Government?. Wolfgang H.
>> Reinicke Published May 1998; 307 pages
>> Cloth, 0-8157-7390-0, $42.95; Paper, 0-8157-7389-7, $18.95
>> Brookings Bookstore: 202/797-6528 or 1-800/275-1447
>>
>> Book Lays Out Principles of Governance
>> Beyond the Nation State
>> --------------------------------------------------------------------
>>
>> The Asian crisis, the Helms-Burton Act, failure of fast track, a
>> revival of nationalist, right-wing political movements, and calls to
>> shut down the IMF all have something in common. Each is part of the
>> growing backlash against globalization. But while globalization has
>> become a fashionable term, little analysis has been done on its
>> implications for public policy.
>>
>> In Global Public Policy: Governing without Government?, Wolfgang H.
>> Reinicke argues that globalization has been primarily a corporate
>> level phenomenon. Prompted by the cross-border liberalization of
>> economic activity and the information and communication technology
>> revolution, a labyrinth of global corporate networks -- legal and
>> illegal -- are fast outgrowing national structures of public policy,
>> which remain based on territory.
>>
>> Without a public policy framework that can accommodate such global
>> networks and can act in the public interest, Reinicke argues,
>> governments, which see their very rationale and legitimacy eroded,
>> will have little choice but to fall back on national solutions for
>> providing public goods. The problem is that such solutions focus on
>> territory, an approach that is increasingly ineffective and that
>> increases the risk of interstate conflict.
>>
>> "To avoid a backlash against globalization, public policy will have
>> to undergo a fundamental reconstruction," says Reinicke, a Brookings
>> Nonresident Senior Fellow and a Senior Economist in the World Bank's
>> Corporate Strategy Group. According to the author, governance does
>> not always have to be equated with government. Global public policy
>> provides an alternative.
>>
>> But global public policy, a networked structure of public, private,
>> non-governmental and international organizations, can only succeed
>> if the global corporate community is willing and able to take on
>> some public policy functions with other non-state actors. This
>> obligates greater transparency, adherence to disclosure based
>> regulation, and commitment to internal reforms. These principles are
>> currently in short supply, not just in Asia, but around the globe.
>>
>> Reinicke makes the case for global public policy in three policy
>> areas: the regulation of global financial markets, transnational
>> criminal networks and money laundering, and trade in dual-use goods
>> and technologies. In all three cases, transgovernmental cooperation
>> is a necessary precondition. But it is not sufficient. Non-state
>> actors, corporations and civil society alike must play an important
>> role in formulating and implementing public policy. They are the
>> ultimate stakeholders in the success of globalization and they can
>> contribute to that success.
>>
>> Their range of activity is not bound by territory. Often
>> corporations and NGOs have the best information,knowledge, and
>> understanding of complex, technology-driven and fast-changing public
>> policy issues. Their participation will lead to a more efficient and
>> effective policy process. And the resultant private-public
>> partnerships will generate greater legitimacy and accountability --
>> a growing concern in the debate on globalization.
>>
>> Reinicke concludes by arguing that globalization must be inclusive.
>> This suggests a strategic vision that places international financial
>> institutions such as the World Bank and the International Monetary
>> Fund at the center of international security arrangements for the
>> 21st century. It also puts new programmatic demands on them. But as
>> a trustee of global public policy, the multilateral system must
>> become more open, transparent, and flexible, to gain the legitimacy
>> and accountability that sustaining globalization requires.
>>
>> "Dr. Reinicke offers a brilliant analysis of the ways in which
>> globalization is accelerating the erosion of the Westphalian state.
>> But no prophet of doom, he offers creative alternatives to
>> traditional forms of international regulation -- ideas that
>> governments, international organizations and global corporations
>> should take very seriously." -- Abram Chayes & Antonia Handler
>> Chayes, Harvard Law School & Conflict Management Group
>>
>> "Globalization is a revolutionary force that can produce tremendous
>> benefits if properly managed through innovative public-private
>> governance. On the other hand, globalization can wreak economic and
>> security havoc if wrongly addressed by protectionism and predatory
>> competitiveness. This keen analysis of international relations at a
>> crossroads lays out the way toward greater global prosperity and
>> stability." -- James F. Hoge, Jr., Editor, Foreign Affairs
>>
>> Wolfgang H. Reinicke is a Nonresident Senior Fellow in the Foreign
>> Policy Studies program at the Brookings Institution and a Senior
>> Economist in the World Bank's Corporate Strategy Group. His previous
>> publications include Toward a Balanced Partnership: A Medium-Term
>> Perspective on EU-US Relations (Nomos, 1997), Deepening the
>> Atlantic: Toward a New Transatlantic Marketplace? (Bertelsmann,
>> 1996), Banking, Politics and Global Finance: American Commercial
>> Banks and Regulatory Change, 1980-1990 (Edward Elgar, 1995), and
>> Building a New Europe: The Challenge of System Transformation and
>> Systemic Reform (Brookings, 1992).
>> --------------------------------------------------------------------
>>
>> Global Public Policy: Governing without Government?. Wolfgang H.
>> Reinicke Published May 1998; 307 pages
>> Cloth, 0-8157-7390-0, $42.95; Paper, 0-8157-7389-7, $18.95
>> Brookings Bookstore: 202/797-6528 or 1-800/275-1447
>> --------------------------------------------------------------------
>> --------------------------------------------------------------------
>> For more information, e-mail Wolfgang Reinicke, Nonresident Senior
>> Fellow, Brookings Foreign Policy Studies; Senior Economist, World
>> Bank Corporate Strategy Group, 202/458-8388
>> Alexander C. Kafka, Brookings Senior Press Officer, 202/797-6300
>>
>> --------------------------------------------------------------------
--------------8A90FFDD02EE696672E0B7BA--
