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Global Economic Governance in the Information Age: Counter-Hegemonic Challenges and Sub-Hegemonic Adaptations in East Asia

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Global Governance, Conflict and Resistance
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Abstract

This chapter adopts a neo-Gramscian international political economy approach to global governance (Cox, 1987; Gill and Law, 1988; O’Brien et al.,, 2000). Thus it highlights the contested future of global governance as a key stake in struggles to legitimise and consolidate the dominant, neo-liberal form of globalisation. Neo-Gramscians argue that the rise of global neo-liberalism, which is most strongly and powerfully advanced by the arch neo-liberal United States, inevitably provokes new forms of opposition even as older forms of struggle and resistance are marginalised. But they also interpret projects for global governance in its neo-liberal guise as attempts to mobilise broad social support for transnational neo-liberalism and to absorb or domesticate new oppositional movements. One such project was proposed in the United Nations Commission report, Our Global Neighbourhood, (1995), which offered a vision of ‘global governance’ as the benign — and democratically accountable — management of a single, harmonisable ‘global’ world. It invoked values and norms such as democracy, human rights, and environmental justice, and advocated institutional mechanisms to integrate key individuals and civil society organisations into the work of neo-liberal institutions such as the IMF, WTO, World Bank and G8.

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© 2003 Palgrave Macmillan Ltd

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Sum, NL. (2003). Global Economic Governance in the Information Age: Counter-Hegemonic Challenges and Sub-Hegemonic Adaptations in East Asia. In: Cochrane, F., Duffy, R., Selby, J. (eds) Global Governance, Conflict and Resistance. Palgrave Macmillan, London. https://doi.org/10.1057/9781403943811_10

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