The Change of Global Economic Governance and China

ZHANG Yuyan

Jointly published by China Social Sciences Press and Springer, 2022.

Introduction

This book focuses on global economic governance covering the following five areas: the theoretical and historical evolution of global economic governance, international financial governance, international trade and investment governance, global climate change and sustainable development governance, and international macroeconomic policy coordination. On the one hand, this book aims to provide a general analytical framework for studying global economic governance. On the other hand, the study on global economic governance involves understanding its historical development, exploring its emergence and evolution, analyzing what challenges global economic governance faces in the context of a new globalization, looking into its future development trends, and proposing the direction of the reform of global economic governance system on the above basis, and finally providing theoretical references and policy advice for China’s better participation in global economic governance.

Author infomation

Professor ZHANG Yuyan is Senior Fellow and Director of Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS), CASS Member, Member of National Political Consultative Conference, Member of the International Economics and Finance Advisory Group of the Ministry of Foreign Affairs of China, Expert of Advisory Committee for Economic & Trade Policy of the Ministry of Commerce of China, President of China Society of World Economy and President of China Society of Emerging Economies. He obtained his bachelor’s degree in Economics from the Department of Economics at Peking University in 1983 and master’s and Ph.D. degrees in Economics at the Graduate School of CASS in 1986 and 1991, respectively. His main academic interests include institutional economics and international political economy. He authored Economic Development and the Choice of Institutions (1992), International Economic Politics (2008), The Sources of American Conduct (2015) and The Path of China’s Peaceful Development (2017), etc.

Contents

Introduction Global Governance: History, Logic and the Role of China

1 Changes in Global Economic Governance Structure and Countermeasures

1.1 Front Matter

1.2 Connotation of Global Governance

1.3 Definition of Global Economic Governance

1.4 Historical Evolution of the Global Economic Governance Structure

1.5 Impetus for Evolution of the Global Economic Governance Structure

1.6 Reform Orientation of Global Economic Governance

2 International Financial Governance and Countermeasures

2.1 Front Matter

2.2 Overview of the Evolution and Reform of International Financial Governance

2.3 Factors Influencing the Evolution of International Financial Governance

2.4 Defects and Challenges of Current International Financial Governance

2.5 Reform Direction of International Financial Governance

2.6 Countermeasures for China’s Better Participation in International Financial Governance

3 Progress and Countermeasures of International Trade and Investment Governance

3.1 Front Matter

3.2 The Development of International Trade and Investment

3.3 Major Platforms and Institutions for International Trade Governance

3.4 Fields for International Trade Governance

3.5 International Investment Governance Entity

3.6 International Investment Governance Field

4 Progress and Countermeasures of International Trade and Investment Governance

4.1 Countermeasures for China’s Better Participation in Global Trade Governance

4.2 Countermeasures for China’s Better Participation in International Investment Governance

5 International Climate Change and Sustainable Development Governance

5.1 Front Matter

5.2 Theories and Paradigms of International Climate Governance

5.3 Institutional Evolution of International Climate Governance

5.4 Implementation Mechanism of International Climate Governance

5.5 Evaluation on the Effect of International Climate Governance

5.6 Countermeasures for China’s Better Participation in International Climate Governance

6 International Macroeconomic Policy Coordination and Countermeasures

6.1 Front Matter

6.2 Historical Evolution of International Macroeconomic Policy Coordination

6.3 Spillover Effect in International Macroeconomic Policy Coordination

6.4 Three Key Topics for the G20 Macroeconomic Policy Coordination: Integration, Imbalance and Spillover

6.5 Countermeasures for China's Better Participation in International Economic Policy Coordination