Abstract
The world is in need of governance. Global institutions, notably the International Monetary Fund (IMF) and the World Trade Organization (WTO), are not delivering on the promises made when they offered themselves as the anchor of global governance and, together with the World Bank, claimed hegemony over the agenda of economic and development politics. They still retain a considerable role, but they do not suffice. In this situation The regional project’ — to use international regions as a layer of global governance — is becoming increasingly relevant.
This chapter draws heavily on two previous publications by the author (Hveem, 2000a, b). It restates and updates the main arguments presented in those former contributions, and also adds the rapid growth in the network of inter-regional relationships, some of which are being institutionalized, and an emphasis on them as a new tool of global governance (also see Hveem, 2002). Harald Feed and Gisle Torheim have contributed assistance in collecting information for this part of the chapter.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 2003 Palgrave Macmillan, a division of Macmillan Publishers Limited
About this chapter
Cite this chapter
Hveem, H. (2003). The Regional Project in Global Governance. In: Söderbaum, F., Shaw, T.M. (eds) Theories of New Regionalism. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781403938794_5
Download citation
DOI: https://doi.org/10.1057/9781403938794_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-50792-4
Online ISBN: 978-1-4039-3879-4
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)