Has globalization diluted the power of national governments to regulate their own economies? Are international governmental and nongovernmental organizations weakening the hold of nation-states on global regulatory agendas? Many observers think so. But in All Politics Is Global, Daniel Drezner argues that this view is wrong. Despite globalization, states--especially the great powers--still dominate international regulatory regimes, and the regulatory goals of states are driven by their domestic interests.
As Drezner shows, state size still matters. The great powers--the United States and the European Union--remain the key players in writing global regulations, and their power is due to the size of their internal economic markets. If they agree, there will be effective global governance. If they don't agree, governance will be fragmented or ineffective. And, paradoxically, the most powerful sources of great-power preferences are the least globalized elements of their economies.
Testing this revisionist model of global regulatory governance on an unusually wide variety of cases, including the Internet, finance, genetically modified organisms, and intellectual property rights, Drezner shows why there is such disparity in the strength of international regulations.
"Rewarding. . . . Mr. Drezner . . . finds that the challenges of the future will be increasingly transnational. As globalization intensifies, the rewards for coordination will increase as well."--The Economist
"Important.... Drezner shows that it is control of their own large domestic markets that give major states the ability to wield power in the global economy. His main contribution, however, is to explode a popular notion of globalization and thereby to set an agenda for the study of global regulatory politics."--G. John Ikenberry, Foreign Affairs
"In All Politics Is Global, Daniel Drezner argues that states clearly retain the ability to influence and direct the world economy. He shapes his argument with clear and convincing points that he applies to areas ranging from international finance to the Internet. Despite globalization, he argues, the desires and capabilities of national states continue to define the contours of the world economic order. This careful study will be relevant to all those interested in understanding the interplay of international markets and international politics."--Jeffry Frieden, Harvard University
"This important contribution to international relations theory will be of great interest to public policy practitioners--civil servants and their political masters--who find themselves today increasingly embroiled in international disputes over domestic issues. Drezner addresses with insight and in detail a welter of contemporary issues such as Internet governance and privacy, international finance and financial crises, genetically modified organisms, and the conflict between intellectual property and public health."--Kenneth W. Dam, former U.S. Deputy Secretary of State and Deputy Secretary of the Treasury
Table of Contents:
List of Tables ix
Glossary of Acronyms xix
PART I: THEORY
CHAPTER ONE: Bringing the Great Powers Back In 3
CHAPTER TWO: A Theory of Regulatory Outcomes 32
CHAPTER THREE: A Typology of Governance Processes 63
PART II: PRACTICE
CHAPTER FOUR: The Global Governance of the Internet 91
CHAPTER FIVE: Club Standards and International Finance 119
CHAPTER SIX: Rival Standards and Genetically Modified Organisms 149
CHAPTER SEVEN: The "Semi-Deviant" Case: TRIPS and Public Health 176
CHAPTER EIGHT: Conclusions and Speculations 204
Other Princeton books authored or coauthored by Daniel W. Drezner: