Keohane and Nye Intro

Keohane and Nye Intro - ,- Visions o f Governance for th e...

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Visions of Governance for the 21st Century Why People Don't Trust Government Joseph Nye Jr., Philip Zelikow, and David King ( 1997) democracy.com? Governance in a N etworked World Elaine C iulla Kamarck and Joseph Nye Jr. (1999) ,-- ~ GOVERNANCE IN A GLOBALIZING WORLD Jo seph S. Nye Jr. John D. Don ahu e Edit ors VISIONS OF GOVERNANCE FOR THE 21ST CENTURY Cambridge, Massachusetts BROOKINGS INSTITUTION PRESS Washington , D . C.
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1 ROB ERT O. KE OHANE JOSEP H S. N YE JR . Introduction G LO BA LI Z ATI O N becam e a bu zzword in th e 1990s, as "inter- dependence" did in the 1970s. Sometimes, it seems to refer to any- thing that the aut hor thinks is new or trendy. But globalization, as this book shows, refers to real changes of fundame ntal imp ortance. T hese changes have profo und implications for politics as well as for economics, military activities, and the environment. In this book we ask three funda- mental questions. O ne, how are patterns of globalization evolving in the first part of the twenty-first century?Two, how does this affect governance, previously closely associated with the nation-state?T hree, how might glob- alism itself be governed? Globali zation will affect governance processes and be affected by them. Frequent financial crises of the magnitude of the crisis of 199 7-99 could lead to popular movements to limit interdepe ndence and to a reversal of economic globalization. Chaotic uncertainty is too high a price for most people to pay for somewhat higher average levels ofprosperity. Unlesssome aspects of globalization can be effectively governed, it may not be sustain- ~ble in its Current form. Co mplete laissez-faire was not a viable optio n dur- ... ..... c Ing earlier periods of globalization and is not likely to be viable now. T he question is no t-will globalization be governed ?-but rather, how will globalization be governed?
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,........... --- t. 2 ROBERT O. KEOHANE AND JOSEPH S. NYE JR. INTRODUCTION 3 Defining Globalism Globalism is a state of the world involving networks ofinterdependence at multiconrinental distances. 1 These networks can be linked through flows and influences of capital and goods, information and ideas, people and force, as well as environmentally and biologically relevant substances (such as acid rain or pathogens). Globalization and deglobalization refer to the increase ordecline of globalism. In comparison with interdependence, globalism has two special characteristics:" -Globalism refers to networks ofconnections (multiple relationships), not simply to single linkages. We would refer to economic or military interdependence between the United States and Japan but not to globalism between the United States and Japan. U.S.-Japanese interdependence is part ofcontemporary globalism but by itself is not globalism. -For a network of relationships to be considered "global," it must
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Keohane and Nye Intro - ,- Visions o f Governance for th e...

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