Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/162572 
Authors: 
Year of Publication: 
2017
Series/Report no.: 
Economics Discussion Papers No. 2017-31
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
Tensions between national democratic accountability and transnational challenges undermine trust and collective action. Asymmetry between an integrated global economy, fragmented global community, and defective global polity, causes social turbulence. Facing technological disruption, we need a new order to address inequality; transform education; and build social capital. Diplomatic exchanges will not suffice, but the Paris Agreement and Agenda 2030 were enabled by bottom-up deliberations. The author proposes a UN conference of states to decide how to balance environmental sustainability, economic development and human security, after consultations on national proposals between policymakers, business and civil society, on principles, underlying values and legal norms.
Subjects: 
national democratic accountability
international cooperation
institutional weakness
global order
technological disruption
planetary boundaries
inequality
social capital
asymmetry
integrated global economy
fragmented global community
defective global polity
environmental sustainability
economic development
human security
national consultations
values
legal norms
JEL: 
F53
Creative Commons License: 
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Document Type: 
Working Paper

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