Oxford Review of Economic Policy最新文献

International regime uncertainty 国际制度的不确定性

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-06-12 DOI: 10.1093/oxrep/grae007

Helen V Milner, Erik Voeten

引用次数: 0

Classical realism and the challenge of global economic governance 经典现实主义与全球经济治理的挑战

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-06-12 DOI: 10.1093/oxrep/grae010

Jonathan Kirshner

{"title":"Classical realism and the challenge of global economic governance","authors":"Jonathan Kirshner","doi":"10.1093/oxrep/grae010","DOIUrl":"https://doi.org/10.1093/oxrep/grae010","url":null,"abstract":"This paper considers the prospects for global economic governance from the perspective of classical realism. It explains why, from this perspective, the American-led liberal international order, is over—and is not coming back. Classical realism anticipates a US renunciation of the orchestration of global governance, one rooted principally in shifts in its purpose, rather than by changes to its relative capabilities. This transformation of American purpose is a consequence of its domestic politics—in particular, the rise in economic inequality, the emergence of plutocracy, and the dysfunctional political polarization stimulated by those trends—a predictable result of a tectonic shift in the culture of capitalism from one associated with the ‘compromise of embedded liberalism’ towards the exaltation of ‘shareholder value’. This yields pessimistic conclusions not only about American foreign policy, which is likely to be more short-sighted, mercurial, and transactionalist, but also regarding the prospects for global economic governance. Realism sees international cooperation as challenging to establish and maintain, given the consequences of anarchy. In the coming years, episodes of cooperation will surely emerge, but they will likely be ad-hoc, mini-lateral, and fragile. Orchestrating ambitious schemes of global economic governance is less likely when a predominant power has lost interest in such things.","PeriodicalId":48024,"journal":{"name":"Oxford Review of Economic Policy","volume":"25 1","pages":""},"PeriodicalIF":6.8,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502378","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

How to construct a new global order 如何构建全球新秩序

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-06-12 DOI: 10.1093/oxrep/grae011

Dani Rodrik, Stephen Walt

引用次数: 0

The new world order and the Global South 世界新秩序与全球南部

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-06-12 DOI: 10.1093/oxrep/grae008

Oliver Della Costa Stuenkel

{"title":"The new world order and the Global South","authors":"Oliver Della Costa Stuenkel","doi":"10.1093/oxrep/grae008","DOIUrl":"https://doi.org/10.1093/oxrep/grae008","url":null,"abstract":"The shift of power away from the West is often seen as a key element of the crisis of liberal international order. The reluctance by most non-Western powers to side with the West vis-à-vis Russia’s invasion of Ukraine has contributed to the notion that the emerging order will be shaped by a contested system of spheres of influence, geopolitical tensions, and a much smaller common denominator vis-à-vis the normative elements of global order. Yet views across the Global South vis-à-vis the liberal order are far more nuanced, and pointing to non-Western powers as a culprit for the crisis of global order would be simplistic. Indeed, many countries in the Global South tend to be less opposed to the values themselves that undergird liberal order but question the Western-centric ways in which the rules and norms are applied and the in-built hierarchies and inequalities of liberal order. The main challenge of existing structures of global governance thus does not seem to be non-Western countries’ rejection of the underlying rules, but the question of whether today’s system is capable of functioning in a genuinely multipolar order, where power and privilege are less concentrated than in the past. The recent ‘geopoliticization’ of the global economy and the emerging ‘tech war’ suggest this process of adaptation will be enormously difficult. At the same time, while specific subgroups are explicitly opposed to a rules-based order, there are few signs that the Global South—a concept of little analytical usefulness beyond denoting the non-West—would be interested or capable of articulating a genuinely novel or alternative approach sufficiently attractive to garner broad support.","PeriodicalId":48024,"journal":{"name":"Oxford Review of Economic Policy","volume":"73 1","pages":""},"PeriodicalIF":6.8,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502257","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Economic multilateralism 80 years after Bretton Woods 布雷顿森林体系建立 80 年后的多边经济体系

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-06-12 DOI: 10.1093/oxrep/grae009

Maurice Obstfeld

{"title":"Economic multilateralism 80 years after Bretton Woods","authors":"Maurice Obstfeld","doi":"10.1093/oxrep/grae009","DOIUrl":"https://doi.org/10.1093/oxrep/grae009","url":null,"abstract":"The global economic institutions that grew from the Bretton Woods conference of 1944 aimed to create a cooperative policy environment conducive to recovery, development, continuing prosperity, social stability, and democracy. Prominent in the minds of the architects were the macroeconomic and trade policy coordination failures of the 1930s, which accompanied a world depression and the march towards the Second World War. The assumption of ‘embedded liberalism’ underlying Bretton Woods gave way to a much more market-oriented system by the early 1990s, fuelling strong growth in several large emerging markets and a period of hyperglobalization—but also social tensions in advanced economies. The result has been a changed geopolitical balance in the world as well as a backlash against aspects of globalization in many richer countries, notably the main sponsor of post-war international cooperation, the United States. At the same time, global cooperation is threatened despite the emergence of a broader range of shared global threats requiring joint action. The rich industrial countries that dominate the existing multilateral institutions should recognize them as being instrumental for channelling superpower competition into positive-sum outcomes that can also attract broad-based international support. However, leveraging those institutions will require buy-in from middle- and low-income countries, as well as from domestic political constituencies in advanced economies. The future of multilateralism depends on reconciling these potentially conflicting imperatives.","PeriodicalId":48024,"journal":{"name":"Oxford Review of Economic Policy","volume":"3 1","pages":""},"PeriodicalIF":6.8,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502379","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Innovations in the repayment structure of microcredit contracts 小额信贷合同还款结构的创新

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2024-03-18 DOI: 10.1093/oxrep/grae002

Giorgia Barboni

引用次数: 0

Net zero electricity: the UK 2035 target 净零电力:英国2035年目标

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2023-11-22 DOI: 10.1093/oxrep/grad037

Dieter Helm

引用次数: 1

Climate change, complexity, and policy design 气候变化、复杂性和政策设计

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2023-11-22 DOI: 10.1093/oxrep/grad047

Pontus Braunerhjelm, Cameron Hepburn

引用次数: 0

Double dividend? Transnational initiatives and governance innovation for climate change and biodiversity 双重红利?应对气候变化和生物多样性的跨国倡议和治理创新

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2023-11-22 DOI: 10.1093/oxrep/grad046

Harriet Bulkeley, Michele Betsill, Anouk Fransen, Stacy VanDeveer

引用次数: 1

Green bonds and carbon emissions 绿色债券和碳排放

IF 6.8 2区经济学

Oxford Review of Economic Policy Pub Date : 2023-11-22 DOI: 10.1093/oxrep/grad040

Caroline Flammer

引用次数: 3