Rising Powers and Multilateral Institutions: (International Political Economy Series)

The rise of new powers such as China and India is sending shockwaves through the global multilateral system. Yet, not every multilateral institution is affected in the same way and many institutions have developed different responses to the global power shift. This volume is the first to systematically examine these different responses. It looks in detail at 13 multilateral institutions ranging from exclusive Western clubs (NATO, OECD, IEA, IASB, and G8) over global institutions in which rising powers are deprived of equal decision-making power (UN Security Council, IMF, and World Bank) to global institutions in which rising powers have equal decision-making power (WTO, WIPO, UNFCCC, CBD, and the G20). The contributors offer an interpretation of why some institutions are proving highly resilient thanks to the innovative outreach and reform activities they deploy, while others have more troubles to adapt as they become paralyzed by gridlock or even retreat from the global scene.

Table of Contents:
PART I: INTRODUCTION 1. Rising Powers and Multilateral Institutions: Analytical Framework and Findings; Dries Lesage and Thijs Van de Graaf 2. The State of the Art: Studying the Rising Powers and Multilateral Organizations; Gregory T. Chin PART II: EXCLUSIVE WESTERN CLUBS 3. Rising Powers, Rising Europe, and the Future of NATO; Sven Biscop 4. From 'Club of the Rich' to 'Globalization a la Carte'? Evaluating Reform at the OECD; Judith Clifton and Daniel Diaz-Fuentes 5. The IEA, the New Energy Order, and the Future of Global Energy Governance; Thijs Van de Graaf 6. Rising Powers and Transnational Private Governance: The International Accounting Standards Board; Andreas Nolke 7. Going Global: The G8's Adaptation to Rising Powers; John J. Kirton PART III: GLOBAL INSTITUTIONS, UNEQUAL GOVERNANCE 8. The United Nations Security Council: The Challenge of Reform; Madeleine O. Hosli and Thomas Dorfler 9. IMF: Rising Powers and IMF Governance Reform; Dries Lesage, Peter Debaere, Sacha Dierckx and Mattias Vermeiren 10. Protecting Power: How Western States Retain Their Dominant Voice in the World Bank's Governance; Robert H. Wade and Jakob Vestergaard PART IV: GLOBAL INSTITUTIONS, EQUAL GOVERNANCE 11. China as a System Preserving Power in the WTO; James Scott and Rorden Wilkinson 12. Tigers and Dragons at the World Intellectual Property Organization; Jean-Frederic Morin and Sara Bannerman 13. Rising Powers in Global Climate Governance: Negotiating Inside and Outside the UNFCCC; Sander Happaerts 14. Emerging Countries and the Convention on Biological Diversity; Amandine Orsini and Rozenn Nakanabo Diallo 15. The G20 and Rising Powers: An Innovative But Awkward Form of Multilateralism; Andrew Cooper

About the Author :
Dries Lesage is Professor of Globalization and Global Governance at the Ghent Institute for International Studies at Ghent University, Belgium. His research interests include the architecture of global governance, the G8/G20, and international taxation. Thijs Van de Graaf is Assistant Professor the Ghent Institute for International Studies at Ghent University, Belgium. His research focuses on international energy politics.

Review :
'This is a really useful, high quality edited collection. It gathers together several distinguished analysts of global institutions and asks them all to consider the new issues and changing trends generated for these institutions by the rise of non-Western powers in global politics. The book genuinely adds to our knowledge and understanding in this key, but often neglected, dimension of global economic and political change.' - Anthony Payne, University of Sheffield, UK 'No other work on emerging powers and global governance approaches this one in the distinction of its authors, the range of multilateral institutions covered, and the careful analysis of contrasting institutional responses that it contains. - Miles Kahler, American University, USA