by Crawford Spence* There is plenty of work out there on financial intermediaries. Most of this can be found in finance or economics journals and displays little evidence of its authors having spent any time with financial intermediaries at all. Rather, studies looking at asset managers or investment bankers tend to be carried out at […]
norms
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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