The Principles of Effective Governance | Participation, Social Justice and Sustainability

Policy Study

“The political tectonic plates appear to be shifting. With the failure of unilateralism in US foreign policy, uncertainty over the role of the EU in global affairs, the deadlock of global trade talks, the growing confidence of leading emerging countries in the world economy, and the worst international financial calamity the world has seen in 80 years, business as usual seem unlikely at the global level in the years ahead. It is highly improbable that the multilateral order can survive for very much longer in its current form, and a new configuration of possibilities is being created.” 

Paper prepared by David HELD and Kevin YOUNG, London School of Economics