The international financial crisis that started in 2007 was much more than an accident caused by undisciplined financial innovations. It was a major failure of global economic governance. “The globalization of finance and monetary systems has excessively prolonged the duration of unsustainable...

In the wake of the global financial crisis and the onset of the Euro zone sovereign debt crisis, existing mechanisms of global economic governance have faced strong theoretical, political, and normative challenges from a wide range of actors operating across multiple spheres in the global...