Designing an International Economic Order: A Research Agenda

38 Pages Posted: 4 Jun 2020

See all articles by J. Lawrence Broz

J. Lawrence Broz

University of California, San Diego (UCSD) - Department of Political Science; Center for Commerce and Diplomacy

T. Renee Bowen

University of California, San Diego

Date Written: March 26, 2020

Abstract

The institutions that have sustained global economic cooperation for the past 75 years are under threat. Despite admonitions that global peace and prosperity are at risk, policymakers in important countries are ignoring the rules of the multilateral order and moving down the path of unilateralism and economic nationalism. What role can social scientists play in redesigning the international economic order? We offer a research agenda for contributing to the reform and improvement of global institutions. The research agenda is guided by three themes: threats, solutions, and leadership. Threats refer to the deep causes of the crisis in global institutions, not the symptoms or expressions of those problems. Solutions refers to institutional reforms required to address deep threats to the global order. Leadership addresses the challenge of coordinating efforts to supply international institutions, which can be thought of as global public goods. We demonstrate the value of this research agenda by applying it to the World Trade Organization.

Keywords: World Trade Organization, International Economic Institutions, Global Economic Leadership, Trade Disputes

JEL Classification: F02, F13, F55

Suggested Citation

Broz, J. Lawrence and Bowen, T. Renee, Designing an International Economic Order: A Research Agenda (March 26, 2020). Available at SSRN: https://ssrn.com/abstract=3595696 or http://dx.doi.org/10.2139/ssrn.3595696

J. Lawrence Broz (Contact Author)

University of California, San Diego (UCSD) - Department of Political Science ( email )

9500 Gilman Drive
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La Jolla, CA 92093-0521
United States

HOME PAGE: http://pages.ucsd.edu/~jlbroz/

Center for Commerce and Diplomacy ( email )

9500 Gilman Dr., 0519
La Jolla, CA 92093-0519
United States
8588225750 (Phone)

HOME PAGE: http://ccd.ucsd.edu/

T. Renee Bowen

University of California, San Diego ( email )

9500 Gilman Drive #0519
La Jolla, CA 92093-0519
United States
6507211299 (Phone)

HOME PAGE: http://https://sites.google.com/site/tamarareneebowenlyn/

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