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The role of international institutions of global governance in steering globalization

C.V.R Wait and T.A Thibane
Publication date
July 2015

Globalization is a historical process, as it traces back to the 14th century during the origins of civilization. The post-World War II rise of globalization coincided with the post-war roles of these institutions, by forcing them to reform their roles in order to make them relevant to the changing global economic environment. These institutions had a variety of strengths and weaknesses in steering globalization from the period 1945-2006 and our study has revealed that their strengths have outweighed their weaknesses, and they have also fairly steered the process of globalization.

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Series title
Working paper 531
JEL classifications