Rethinking International Organization: Deregulation and Global Governance

Rethinking International Organization: Deregulation and Global Governance

Rethinking International Organization: Deregulation and Global Governance

Rethinking International Organization: Deregulation and Global Governance

Synopsis

The function of the state as a symbol of identity has become increasingly important as major powers of the pre-Cold War era have given way to self-determination. The conventional role of the state has, however, simultaneously been challenged by the process of globalisation which transcends such national boundaries. Barbara Emadi-Coffin seeks to explain this contradiction through a radical new theory. There are now 37,000 multinational corporations in the world, many of which are increasingly seen as being among the new centres of political and economic power. Barbara Emadi-Coffin analyses the increasing interaction of multinational corporations, international organizations and transnational interest groups, such as Greenpeace and Amnesty International, in processes of the global political economy. Using examples of the free trade zones in Korea, the UK and the People's Republic of China, the author demonstrates these interactions. In so doing, she challenges prevailing notions surrounding International Organization theory.

Excerpt

So far it has been argued that both the field of international organization and some Marxist theories of international relations are unable adequately to theorize the dynamics of global governance. This is because these theories analytically separate issue areas, such as the political and the economic. They also ignore the increasing indistinction between the domestic and the international and do not succeed in theorizing the increasing importance of public-private relations in global governance. Finally, they fail to provide an adequate structural analysis of global governance. In order to overcome these difficulties, it is necessary to reconstruct a theory of international organization which is able to, first, integrate the political and the economic theoretically, and therefore provide a better understanding of public-private relations in global governance. This theory must also integrate the domestic and the international theoretically to better understand their reciprocal causal relationship with respect to global governance; and it must develop epistemological and methodological foundations for a structural analysis of global governance.

This chapter will begin this process of theoretical recovery by addressing some of the ways in which theories of international organization may more adequately account for the impact of globalization on global governance. The sections that follow will begin the reconstruction of a theory of international organization. The first section explores the reasons for the failure to understand the complexity of the relations between the political and the economic, in this case between national states and firms, and claims that their historical and reciprocal relations must be more adequately theorized. The second section develops the idea that both the public and the private have roles to play in global governance, and explores theories that attempt to address the interrelation between the two in international organization. The third section argues that the distinction between the domestic and the international can no longer be maintained in the face of globalization, and that policy analyses need to go beyond game theory to understand the reciprocal relations between the domestic and the international. The fourth section suggests that critical theory provides a concept of structure as constraint, a normative content to explanation, and an epistemological and methodological basis for reconstructing a structural theory of international organization.

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