Democratising Global Governance

Democratic Theory and Democracy beyond Borders

in Theoria
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The prospect of a global economic recession, in the wake of the financial crises in the world’s emerging economies, has injected a sense of renewed urgency into longstanding discussions about the reform of global economic governance. But the calls for greater transparency and openness in the deliberations of the International Monetary Fund and World Bank are largely symptomatic of a deeper legitimation crisis which afflicts all the key institutions of global governance, including the United Nations itself. For there is a growing perception that existing mechanisms of global governance are both ineffectual in relation to the tasks they have acquired, especially so in managing the consequences of globalisation, whilst also being unaccountable sites of power.

Theoria

A Journal of Social and Political Theory

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