The Case for global economic management and UN system reform

Autor: D. B. Steele
Rok vydání: 1985
Předmět:
Zdroj: International Organization. 39:561-578
ISSN: 1531-5088
0020-8183
DOI: 10.1017/s0020818300019196
Popis: Those who consider the global economic problem currently serious and potentially a crisis are also concerned that global institutions are insufficiently powerful to deal with it. Both the technical and the political difficulties of global institutional restructuring will appear insurmountable until they are outweighed by the perceived costs of another economic crisis. The problems of linking multilateral trading and financial negotiations within the existing institutional frameworks are indeed formidable. No one can expect a single agency to concern itself with the global management of both finance and trade; even the aborted International Trade Organization would not have had that width of responsibilities. There is nonetheless a perceived need not only to increase the roles of some of the existing agencies and either to coordinate or to combine their secretariats but also to form some higherlevel guiding body with an element of discretionary power, which would establish the major lines of shortand medium-term global economic management. Only the UN system could or should fill this gap. Given the balance of economic and political forces in each relevant agency or department, no existing part of the system would be allowed to do so. Should the 1984 economic upturn prove short-lived, however, the resulting economic crisis may finally force changes in attitudes. It is prudent to have feasible alternatives ready. Proposals abound for the reform of UN economic and social institutions, but the failure of the 1975-77 exercise to make significant progress has produced skepticism about renewed attempts.' Improved efficiency is itself insufficient justification for reform, not only because it appears to involve increased power (unacceptable to some of the parties) but also because the motivation to negotiate in forums provided by the United Nations has not
Databáze: OpenAIRE