Corporate Power in Global Economic Institutions - Poppy S. Winanti

Corporate Power in Global Economic Institutions

Filled under: Announcements / 27 Dec 2012 / Hits: 983

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Corporate Power in Global Economic Institutions:
the Case studies of MAI and the TRIPs Agreement

The role of corporate power still generates intense debate among International Political Economy (IPE) scholars to this day. This book, specifically, compares the role of Multinational Corporations (MNCs) during the negotiation process in drafting the Multilateral Agreement on Investment (MAI) at the OECD and the Trade-Related Intellectual Property Rights (TRIPs) Agreement at the General Agreement on Tariffs and Trade/World Trade Organisation (GATT/WTO). These two cases reveal the interests of MNCs in having legally enforceable international agreements negotiated at global economic institutions.This book contends that the significant development of corporate power can be seen as evidence of the emergence of private authority in the global political economy. However, the cohesiveness and the coherence of coalition among them and their capability to mobilise politically unified force are insufficient to guarantee the success of their efforts in pursuing their agendas. The linkage of the issues proposed by the MNCs with other legitimate objectives of major domestic groups, including NGOs, as well as the negotiation setting in the global economic institutions where the negotiations took place, should also be taken into account. By arguing these points, this book contributes to the existing international political economy literature, particularly regarding the role of non-state actors in influencing global economic institutions.

 

Available at:

Institute of International Studies
Bulaksumur Building 5th Floor
Faculty of Social and Political Sciences
Universitas Gadjah Mada
Jalan Socio-Yusticia No. 1 Bulaksumur
Yogyakarta 55281, Indonesia
Tel: +62 274 563362 ext. 115
E-mail: iis.ugm@gmail.com
Website: iis.fisipol.ugm.ac.id

Center for World Trade Studies
Universitas Gadjah Mada

Jl. Podocarpus II, Blok C No. 7, Bulaksumur
Yogyakarta 55281, Indonesia
Phone/Fax: +62 (0) 274 580273
E-mail: cwts.ugm@gmail.com
Website: cwts.ugm.ac.id

Updated: 31 Dec 2012