In Defense of World Government
Despite their many weaknesses, international institutions ultimately do far more good than harm. Globally minded citizens must now push their governments to strengthen and democratize such institutions, enabling them to advance policies that minimize risk and maximize opportunity for all.
WASHINGTON, DC – Unlike in the past, there probably will not be large protests at the upcoming Annual Meetings of the International Monetary Fund and the World Bank, or at the subsequent World Trade Organization meeting of trade ministers in Bali. But that is not because these international institutions are perceived as effective and legitimate. It is because, compared to a decade ago, they are seen as too small and impotent in the face of larger market forces to bother about.