Development Beyond Market-led Globalization

Björn Hettne

Development, 2010, vol. 53, issue 1, 37-41

Abstract: Björn Hettne asks whether a more genuine development thinking is on its way back after three decades dominated by globalism: the ideology of market-led globalization as the only path to global welfare. It is argued that the global crisis has been a catalyst for discursive change, but since real change also implies political and societal change, the question is what kind of world-order trends that will accompany the emerging discourse on global development. This is a comprehensive concept going far beyond economics. Hettne looks at different post-Westphalian scenarios for global governance. He argues that it is not yet clear if we are heading for a global concert of great powers, pursuing conventional realist power politics, or towards cooperating regions, based on inclusive global ethics. The latter implies transcendence of Westphalian international diplomacy, centred on the supremacy of national interests. He explores what this great transformation means for possible future global governance proposing that global ethics is essential for a sustainable world order.

Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.palgrave-journals.com/development/journal/v53/n1/pdf/dev200984a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/development/journal/v53/n1/full/dev200984a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:develp:v:53:y:2010:i:1:p:37-41

Ordering information: This journal article can be ordered from
http://www.springer. ... es/journal/41301/PS2

Access Statistics for this article

Development is currently edited by Stefano Prato

More articles in Development from Palgrave Macmillan, Society for International Deveopment Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().