Brookings Institution Publication Addresses Global Economic Governance in a Changing World Order
A new publication from the Brookings Institution, titled 'Global Economic Governance in a Changing World Order,' examines the current state and future needs of international economic cooperation. The book highlights that existing frameworks for global economic governance are becoming obsolete due to geopolitical upheavals and transnational threats. It proposes the design of new formal and informal institutions capable of managing the world's increasing interdependence in trade, finance, digital technologies, and ecological issues. The volume features contributions from leading experts who analyze how global economic governance must adapt to new challenges and a shifting world order. It offers a pragmatic vision for systemic reform and suggests pathways for countries to cooperate on common governance challenges, including trade, finance, artificial intelligence, and climate change, even amidst intense strategic competition between major global powers.