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The world has globalised financial markets and globalised financial institutions, but no global system of regulation. Does this explain why a crisis that started in the United States in 2007 spread so rapidly to the rest of the world? Explain what drove that spread and whether and how global governance might (or might not) have made a difference

Smart Writing ServicesOctober 25, 2017 7:43 amOctober 25, 2017

Previous ArticleCraig Murphy, in International Affairs, 76.4 (2000) "Global Governance: poorly done and poorly understood" argued that " The best arguments for paying attention to the world polity are ethical and moral…..global governance is likely to remain inefficient, incapable of shifting resources from the world's wealthy to the world's poor, pro market, and relatively insensitive to the concerns of labour and the rural poor…" Critically analyse this statement with reference to some of the issue areas covered in the courseNext ArticleDiscuss the extent to which the issue of climate change is linked to the broader issue of sustainability. What are some of the implications of a continued "Business as Usual" approach and what are some alternatives and targets?