Many factors will affect the demand for new forms of governance and for new institutions to deliver the required goods and services: the management of global issues and the rise of global citizenry, the increased role of stakeholders and civil society in decision-making, a rise in the importance of the public good and spill-over effects of many political and economic transactions, a growing distrust of un-regulated markets, information and technological advances that allow for greater levels of devolution, and new forms of communications that produce “lateral, issues-based multi-national” communities of interest. New forms of governance are inevitable as we begin to restructure economic thinking. The work program focuses on:
- New Global Governance Paradigms: Can they be made to work?
- Technology and the Rule of Subsidiarity: local solutions to deal with global problems
- Managing and Preserving the Public Interest (Markets and the Financial Sector)
- Cooperative Models for Research and Development
- Values, Trust and New Institutions