Institutional Learning and Knowledge Transfer Across Epistemic Communities [electronic resource] : New Tools of Global Governance /
Carayannis, Elias G.author.
Pirzadeh, Ali.author.
Popescu, Denisa.author.
Over the past several decades, as the pace of globalization has accelerated, operational issues of international coordination have often been overlooked.  For example, the global financial crisis that began in 2007 is attributed, in part, to a lack of regulatory oversight.  As a result, supranational organizations, such as the G-20, the World Bank, and the International Monetary Fund, have prioritized strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions. Prevailing characteristics of the global economic systems, such as the increasing power of financial institutions, changes in the structure of global production, decline in the authority of nation-states over their national economy, and  creation of global institutional setting, e.g., global governance have created the conditions for a naturally evolving process towards enabling national epistemic communities to create institutions that comply with global rules and regulations can control crises.  In this volume, the authors provide in-depth analysis of initiatives to demonstrate how this type of knowledge generated at the international organization level, is codified into global standards, and disseminated to members, particularly in the developing world, where the legal and regulatory infrastructure is often lacking.  They argue that despite the challenges, when a country intends to join the global system, its institutions and economic structures need to move toward the global norms.  In so doing, they shed new light on the dynamics of knowledge transfer, financial regulation, economic development, with particular respect to supporting global standards and avoiding future crises. .
Description based upon print version of record.
Institutional Learningand Knowledge Transfer Across EpistemicCommunities; Series Foreword; Preface; Contents; Chapter 1: Introduction and Definition of Terms; Chapter 2: Globalization, Nation-States, and Global Governance; Nation-States, Globalism, Globalization; Technological Advancements and Financial Institutions; Power and Financial Institutions; The Notion of Power; How Financial Institutions evolve in the Prevailing environment; Financial Institutions and Exercise of Power; Global Governance; Global Neighborhood; Conceptual Foundation of Global Governance
Structure of Global Production: Post-Industrial AgeMode of Global Production; Contributing Factors to Change in Structure of Global Production; Chapter 3: "Good Governance," Institutions, and Global Rules; Concept of "Good Governance"; Institutional Environment: Rules of the Game; Organizations and Institutional Perspectives; International Financial Standards and Regulations; Chapter 4: Epistemic Communities, Knowledge Transfer, and Institutional Learning; Internationalization and Technocratization of Policy Making; Networks and Epistemic Communities; Knowledge and Institutional Learning
Formal Knowledge and Institutional Learning as Related to Global StandardsPolicy Convergence; Chapter 5: Case Study: International Financial Architecture and Standards; New International Financial Architecture; Empirical Research Results of Knowledge Transfer and Standards Adoption: ROSC Programs; Conceptual Model of Knowledge Transfer Used in the Case Study; Empirical Research Results; A Note on Case Study: Limitations, Challenges, and Opportunities; Chapter 6: Concluding Remarks; Decline of Nation-States; Epistemic Community; Conformity; International Standards; Appendix
Appendix A International Financial StandardsCorporate Governance 2; Accounting and Auditing; Insolvency 40 and Creditor Rights 41; Appendix B Operationalization of Constructs Used in the Case Study; References; Index
Includes bibliographical references (p. 197-217) and index.
Over the past several decades, as the pace of globalization has accelerated, operational issues of international coordination have often been overlooked.  For example, the global financial crisis that began in 2007 is attributed, in part, to a lack of regulatory oversight.  As a result, supranational organizations, such as the G-20, the World Bank, and the International Monetary Fund, have prioritized strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions. Prevailing characteristics of the global economic systems, such as the increasing power of financial institutions, changes in the structure of global production, decline in the authority of nation-states over their national economy, and  creation of global institutional setting, e.g., global governance have created the conditions for a naturally evolving process towards enabling national epistemic communities to create institutions that comply with global rules and regulations can control crises.  In this volume, the authors provide in-depth analysis of initiatives to demonstrate how this type of knowledge generated at the international organization level, is codified into global standards, and disseminated to members, particularly in the developing world, where the legal and regulatory infrastructure is often lacking.  They argue that despite the challenges, when a country intends to join the global system, its institutions and economic structures need to move toward the global norms.  In so doing, they shed new light on the dynamics of knowledge transfer, financial regulation, economic development, with particular respect to supporting global standards and avoiding future crises. .
Economic policy.
Development economics.
Finance.
Economic Policy.
Development Economics.
Finance, general.
Innovation, technology and knowledge management