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Emerging Powers and Emerging Trends in Global Governance

Emerging Powers and Emerging Trends in Global Governance Global Governance 23 (2017), 483–502 Emerging Powers and Emerging Trends in Global Governance Matthew D. Stephen In the 1990s, liberal optimism permeated the study and practice of inter- national politics. International institutions were strengthened and the dis- course and practice of global governance consolidated as a new approach to world affairs. Today, new powers are emerging in this institutionalized order. New powers have changed the power relations that underpinned global governance and are also economically, politically, and culturally dif- ferent from established powers. Against this backdrop, this article investi- gates the impacts emerging powers are having on global governance. It presents six major trends and outlines their implications for the new global governance currently taking shape. Because new powers are emerging in an already institutionalized order, the emerging global governance order is gradually growing out of the existing one. Emerging powers are ren- dering parts of global governance dysfunctional, layering onto it, compli- cating it, but not overthrowing it. Keywords: BRICS, emerging powers, fragmentation, global governance, international institutions, interna- tional politics. IN THE 1990S, THE GLOBAL SYSTEM ENTERED A NEW PHASE. THE UNITED States reigned supreme after the collapse of the Soviet Union discredited alternatives to liberal capitalism and http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Governance: A Review of Multilateralism and International Organizations Brill

Emerging Powers and Emerging Trends in Global Governance

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1075-2846
eISSN
1942-6720
DOI
10.1163/19426720-02303009
Publisher site
See Article on Publisher Site

Abstract

Global Governance 23 (2017), 483–502 Emerging Powers and Emerging Trends in Global Governance Matthew D. Stephen In the 1990s, liberal optimism permeated the study and practice of inter- national politics. International institutions were strengthened and the dis- course and practice of global governance consolidated as a new approach to world affairs. Today, new powers are emerging in this institutionalized order. New powers have changed the power relations that underpinned global governance and are also economically, politically, and culturally dif- ferent from established powers. Against this backdrop, this article investi- gates the impacts emerging powers are having on global governance. It presents six major trends and outlines their implications for the new global governance currently taking shape. Because new powers are emerging in an already institutionalized order, the emerging global governance order is gradually growing out of the existing one. Emerging powers are ren- dering parts of global governance dysfunctional, layering onto it, compli- cating it, but not overthrowing it. Keywords: BRICS, emerging powers, fragmentation, global governance, international institutions, interna- tional politics. IN THE 1990S, THE GLOBAL SYSTEM ENTERED A NEW PHASE. THE UNITED States reigned supreme after the collapse of the Soviet Union discredited alternatives to liberal capitalism and

Journal

Global Governance: A Review of Multilateralism and International OrganizationsBrill

Published: Aug 19, 2017

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