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Political Economy Seminar

The Meddlers: Sovereignty, Empire and the Birth of Global Economic Governance

Presenter: Jamie Martin, Harvard University

Date: Friday 23 June 2023

Time: 11am (Sydney/Australian Eastern Time)

Online: Please join via Zoom

Please join us for a seminar with Jamie Martin, on his book, The Meddlers: Sovereignty, Empire and the Birth of Global Economic Governance, recently published by Harvard University Press.

Martijn Konings will also speak as discussant.

About the talk

International economic institutions like the International Monetary Fund and World Bank exert incredible influence over the domestic policies of many states. These institutions date from the end of World War II and amassed power during the neoliberal era of the late twentieth century. But as Jamie Martin shows, if we want to understand their deeper origins and the ideas and dynamics that shaped their controversial powers, we must turn back to the explosive political struggles that attended the birth of global economic governance in the early twentieth century.

Multistakeholder partnerships are characterized by institutional elements such as informality, voluntarism, and corporate partnerships which some commentators, like Nick Buxton, consider the "default mode of global decision-making." The rapid expansion and influence of multi-stakeholder partnerships have led some activists to argue that we are witnessing "The Great Takeover," in which elites promote multistakeholderism as a replacement for traditional intergovernmental multilateralism.

But how did multistakeholderism emerge within global governance? And is the future of multistakeholder global governance so certain?

In a recent article in the Review of International Political Economy, we approach this question historically by exploring the origins, development, and future of multi-stakeholderism in global governance.

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