Research | Current Studies
The future of global governance and multilateralism
The current research activities explore the future of global governance, focusing on such issues as: the changing rationale(s) for international cooperation; the role and behavior of states at the international level; the provisioning of global public goods, including the challenge of dual actor – market and state – failure in the presence of global public goods; policymaking for, and the management of, global-public policy spaces; organizational reform requirements, including especially UN system reform; and the conceptual building blocks of a theory of global public policy. The studies also address the challenges to be met in implementing Agenda 2030.
Re-thinking economics: towards a theory of global public policy
This research effort examines the discrepancy that has arisen between the present standard concept of public goods and the reality of public goods provision and explores a number of conceptual and methodological revisions that could help narrow this discrepancy.
A preliminary finding and hypothesis to be explored further is that for an adequate understanding of public goods provision in today’s globalizing multi-actor world more than a limited revision of the current standard concept would be required. The reason is that so far, the analytical home of public goods has primarily been public economics. Yet public economics today captures but a fraction of the overall process of public goods provision, viz. the state-based national-level part, leaving aside the expanding nonstate part as well as the international cooperation part of public goods provision.
Thus, it may be opportune to formulate a theory of public goods that examines public goods in all their forms and dimensions – as national, regional and global public goods; in respect to the roles that state and nonstate actors play in their provision at national as well as international levels.