Global Governance and the Need for Change: Highlights and Policy Recommendations By Mariarosaria Iorio International Policy Analyst
The Global Governance Context The current financial crisis has impacted the real economy worldwide. Such a global crisis has both international and national dimensions. The international dimension relates, in my view, to the global governance regime . The national dimension relates to national public choices and policies. As it concerns the global governance regime’s failure to materialize equitable and improvement of people’s living standards worldwide, it is worth recalling that such regime results from both historical and political factors….