This book provides a critical examination of the most important institutions of global governance in the world today. Drawing on history, political science, law and economics, the authors examine institutions such as the United Nations, the World Trade Organization (WTO), the International Monetary Fund (IMF), the World Bank and also the global private sector. In a series of comprehensive analyses the inability of these institutions and entities to promote and protect human rights and international peace is revealed.
While examining the failures of the past, the authors enthusiastically propose far reaching reforms, suggesting how these global institutions and their member states can reform themselves to prevent the exploitation of the most vulnerable in the global economy and bridge the gap between the high vision that saw the birth of these institutions and their present day failures. Global Governance, Economy and Law calls for nothing less than a global Marshall Plan, a new global political vision and a new system of international taxation to finance the integration of justice into the world economy.