Global Economic and Social Governance and the Role of the UN : Recommendations for the Financing for Development Conference

The so-called "systemic issues" do not have as much to do with the substance of global policies as with the process for making them. Along these lines, an examination of the relationship between the main trade, financial and monetary policy-making organizations, World Bank, IMF and WTO and the UN reveals a consistent trend towards transferring decision-making power from the UN to the FMT institutions.