This paper proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the breakdown of the original Bretton Woods arrangement in the early 1970s. It includes: (i) a global reserve system that mixes the multi-currency arrangement with an active use of...

Developing a sociological informed social theory perspective, this article asks the question why social praxis' of justification has moved to the centre-stage within the debate on transnational ordering. In contrast to perspectives which see the relationship between national and transnational...

This discussion paper is part of a series of contributions to the conference "Towards a Grammar of Justice in EU Law', which took place on 6-7 November 2014 at VU University Amsterdam, sponsored by ACCESS EUROPE Amsterdam, VU Centre for European Legal Studies and the Dutch Research Council VENI...

The G20 can ensure a secure, resilient, sustainable and responsible digital economy, especially in the financial sector, by removing vulnerabilities in Internet infrastructure, encouraging cross-border cooperation, providing guidance to telecommunications regulators and implementing norms...

In this WZB Discussion Paper we develop an analytical framework for the research project 'Contested World Orders', a collaborative effort between researchers based at the German Institute of Global and Area Studies (GIGA), the Peace Research Institute Frankfurt (PRIF), and the Berlin Social...

China has recently taken the lead in fostering several new multilateral initiatives which mirror the policy tasks of existing institutions. This article provides a framework for studying such 'parallel institutions' and sketches an emerging research agenda. First, it provides an empirical...

This paper discusses the concept of authority in global governance by unpacking the components that characterize its various notions. These components are the triadic relationship between power, legitimacy, and the reference to public interests, and how they are embedded in the constellation...

The International Competition Network (ICN) celebrates its 20th birthday in 2020. It governs global competition by providing a cooperative forum for (mostly national) competition authorities from all around the world. In the absence of binding global competition rules and antitrust laws, it...

Indian policy makers have welcomed India's framing as a "rising power" and celebrated the BRICS initiative as a common front in reforming aspects of global governance. Yet China's rise in Asia has unsettled the balances of power which have underpinned the region, as a consequence of which India...