Development Issues in Global Governance: Public-Private Partnerships and Market Multilateralism

by Benedicte Bull, Desmond McNeill

Development Issues in Global Governance presents the first serious academic study of multilateral organizations’ current partnerships with the private sector. This new volume describes empirically, and analyzes theoretically, the impact of such partnerships on the practices, legitimacy and authority of the parties involved. With detailed case studies of key international bodies, including the World Health Organization (WHO), the International Labour Organization (ILO), the World Bank, and the UN's Education, Science and Communication Organization (UNESCO), the reader is given a clear understanding of present debates in this critical area of world affairs. This invaluable The authors conclude that we are witnessing the emergence of a new institutional form, best characterized as ‘market multilateralism’. They argue that although transnational corporations have become heavily involved with multilateral organizations, these partnerships are crafted to deal with specific instances of market failure, while the guiding principles of the global economy remain unchallenged. This book will be of great interest to all students of development studies, international relations, political science and business management.

230 pages, Hardcover

First published August 25, 2006