Middle Powers and G20 Governance
This volume reflects the diverse perspectives presented on each of the major governance groups that contribute directly and indirectly to the G20 political process. It examines how these groups interact and what the outcomes have been of such interactions
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Middle Powers and G20 Governance Edited by Mo Jongryn
MIDDLE POWERS AND G20 GOVERNANCE
Copyright © The Asan Institute for Policy Studies, 2012. Softcover reprint of the hardcover 1st edition 2012 978-1-137-35063-3 All rights reserved. First published 2012 by The Asan Institute for Policy Studies First Published in the United States in 2013 by PALGRAVE MACMILLAN®—a division of St. Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries. ISBN 978-1-137-35064-0 ISBN 978-1-137-35065-7 (eBook) DOI 10.1057/9781137350657 Library of Congress Cataloging-in-Publication Data is available from the Library of Congress. A catalogue record of the book is available from the British Library. First Palgrave Macmillan edition: September 2013 10 9 8 7 6 5 4 3 2 1
EDITOR
Mo Jongryn
Mo Jongryn is a professor of international political economy at the Graduate School of International Studies at Yonsei University and the director of the Center for Global Governance at the Asan Institute for Policy Studies. Prior to joining Yonsei, Professor Mo was an assistant professor at the University of Texas at Austin. His areas of specialization are international political economy, East Asian development, political economics, and political bargaining. He received his B.A. in economics from Cornell University, M.S. in social science from the California Institute of Technology, and Ph.D. in political economics from Stanford University.
Editor
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CONTENTS
Preface Hahm Chaibong ·········· 8 Introduction Mo Jongryn with Marshall Brown ·········· 10 CHAPTER 1 Richard Gowan ·········· 25 The G8’s Minor Comeback and the Real Politics of the West CHAPTER 2 Pang Zhongying ·········· 45 China and Global Governance: Will China Finally Take the Lead for the New Globally Governable World? CHAPTER 3 Stephen D. Krasner and Mo Jongryn ·········· 75 Regime Building in the Competitive World Order: The Case of the G20 CHAPTER 4 Andrew F. Cooper and Mo Jongryn ·········· 103 The Middle 7 Initiative Luncheon Keynote Speech Kim Sang-hyup ·········· 123 Appendix 2011 Asan Global Goverance Conference: Program and Participants Biographies ·········· 132 List of Contributors ·········· 146
PREFACE
T
he G20 is evolving into a dynamic institution making complex, yet distinctly valuable, contributions to the burgeoning system of global governance. Two years after the outbreak of the global financial crisis in 2009, the Asan Institute for Policy Studies invited a group of distinguished policymakers and scholars to a conference in Seoul to discuss the politics of the G20. Entitled “Middle Powers and Caucusing in Global Governance: Do Middle Powers Need Their Own Summit?,” the conference was an attempt to better understand the internal politics
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