Council on Foreign Relations Global Governance Update
June 2014

Dear Colleague:

It has been a busy spring season for the International Institutions and Global Governance (IIGG) program. Since April, we have convened the Council of Councils (CoC) Third Annual Conference in New York, hosted a workshop on improving governance in extractive industries, published a compendium on international regulatory and standard-setting bodies, released three new installments in the CoC Global Memo series, and launched the Global Governance Report Card, which grades U.S. and international efforts in responding to major global challenges. These activities brought together high-level policymakers and international experts to work toward more effective multilateral cooperation on major global challenges.

As we continue to develop new ideas, publications, and tools to illuminate contemporary global issues, we invite you to read our newsletter, explore our website, follow me on Twitter, and "like" us on Facebook.

Sincerely,

Stewart M. Patrick

Senior Fellow and Director of the International Institutions and Global Governance Program

 

Grading Global Governance

In tandem with the Group of Seven meetings this June, IIGG released the 2014 Global Governance Report Card. More than fifty experts assessed international and U.S. efforts during 2013 to address climate change, nuclear nonproliferation, transnational terrorism, armed conflict, global finance, and public health. The Global Governance Report Card assigns letter grades and evaluates performance in specific subcategories, giving international institutions, states, and nonstate actors a sense of how they are doing and how they can improve. The bad news is that grades are slipping; marks for multilateral efforts declined in half of the issue areas, and grades for U.S. leadership dropped on nearly every issue. Read the Report Card »

Council of Councils Third Annual Conference

From May 11–13, CFR convened the Council of Councils Third Annual Conference in New York. Participants from more than twenty countries discussed six major themes: humanitarian intervention since Rwanda; the future of Internet governance; recent progress and remaining gaps in global finance; emerging global health challenges; the role of global institutions in addressing climate change; and the future of drones. The conference also included keynote addresses from top policymakers, including CFR Distinguished Fellow Thomas E. Donilon, former U.S. national security adviser; Jan Eliasson, deputy secretary-general of the United Nations; and Christine M. Cumming, first vice president of the Federal Reserve Bank of New York. Learn more about the event »

Governing Extractives on a Global Scale

On May 21, IIGG assembled forty experts to evaluate what more needs to be done to inject transparency and accountability into global extractive industries, particularly the oil, gas, and mining sectors in developing countries. The gathering—which brought together prominent individuals from the U.S. and foreign governments, international financial institutions, private industry, and civil society—focused on recent progress and remaining gaps in voluntary initiatives like the Extractive Industries Transparency Initiative, as well as the challenges of improving contract transparency and responsible revenue management in resource-rich countries. Ambassador Carlos Pascual, the U.S. State Department's special envoy and coordinator for international energy affairs, provided the keynote address. Learn more about the event »

Tracking International Regulatory and Standard-Setting Bodies

The global supply chain for medicines is increasingly fragmented, which presents an enormous challenge to regulatory agencies charged with ensuring that medicines are safe. In April, CFR published a compendium with overviews of the regulatory and standard-setting organizations that attended IIGG's September workshop, "Ensuring the Safety and Quality of the Global Supply Chain for Medicines: Regulatory Challenges and Lessons From Other Sectors." The aim of the meeting was for public drug authorities to glean lessons from current and former executives in global regulatory and standard-setting organizations, with an eye toward improving multilateral coordination to regulate medicines. This compendium summarizes the activities of the organizations, and their performance at each stage of the regulatory process. Read the compendium »

Latest Briefs in the Global Memo Series

IIGG added three new installments of the Council of Councils Global Memo series. Iis Gindarsah, visiting researcher at S. Rajaratnam School of International Studies, discusses Indonesia's multipronged approach to counterterrorism and how continued efforts to thwart radicalism provide valuable examples for other nations. Annegret Bendiek, deputy head of research at the German Institute for International and Security Affairs, recommends three major reforms to protect the openness of the Internet while assuaging diplomatic tensions over revelations about mass National Security Agency (NSA) surveillance. Finally, David Runnalls, distinguished fellow at the Centre for International Governance Innovation, explores the future of the Arctic and suggests three major issues on which the United States should focus as chair of the Arctic Council in 2015. These memos are featured on the new Council of Councils website. The Global Memo is a monthly brief by an international expert on a major global event or significant global governance issue. Read the Global Memos »

The Internationalist

In his blog, Stewart M. Patrick looks beyond the headlines at the forces transforming global politics and how the United States should respond.

Join the conversation at http://blogs.cfr.org/patrick/.

 

 

The International Institutions and Global Governance (IIGG) program aims to identify the institutional requirements for effective multilateral cooperation in the twenty-first century; propose reforms to strengthen or replace international institutions; and promote effective responses by the United States and its partners to today’s daunting global challenges.

Stewart M. Patrick
Senior Fellow and Director

Isabella Bennett
Assistant Director

Alexandra Kerr
Assistant Director

Daniel Chardell
Research Associate

Naomi Egel
Research Associate

 

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