Emphasis on national sovereignty
In this paper, Dani Rodrik puts forth the notion of “democracy-enhancing global governance”, a system that would impose procedural requirements that enhance domestic deliberation or are consistent with democratic delegation. Examples of such requirements would be global disciplines pertaining to transparency, broad representation of stakeholders, accountability, and use of scientific/economic evidence in domestic proceedings. These procedural requirements would not prejudge what the end result might be – whether a country might impose a tariff, subsidy or any other “beggar thyself” policy.
Putting Global Governance in its Place
Author: Dani Rodrik
From: Harvard University
Emphasis on global institutions
Kemal Derviş, on the other hand, supports the “globalization-enhancing global governance”:
At the global level, countries cooperate to various degrees, but without sharing sovereignty. Delivering global public goods effectively requires both strengthening multilateral cooperation—through institutions such as the United Nations, the International Monetary Fund, and the World Trade Organization—and ceding some national sovereignty to appropriate international bodies, while strictly respecting the subsidiarity principle, as the EU has done at the continental level. These institutions will continue to be governed by their member states, which will nominate their leaders. But if every application of a globally agreed principle requires its own multilateral negotiation, global governance will be slow and cumbersome. Shared sovereignty would prevent this.
Closing the global governance gap
By: Kemal Derviş – Brookings
