COVID‐19 and Global Governance

Abstract

Abstract The COVID-19 epidemic has sent economic and social shockwaves reverberating across the globe, and has shaken governance institutions at every level and across a range of issues, from trade to health and climate change An important question is whether COVID will accelerate, slow, or perhaps reverse some key trends in global governance Most prominently, the global and multilateral governance regimes that developed post-World War II were already weakening and fragmenting before COVID (Acharya, 2016) In a closely related phenomenon, cosmopolitan liberalism, as a set of institutions and ideologies committed to a democratic open society, human rights, and multiculturalism, has also retreated in the face of rising populism and authoritarianism in recent years (Norris and Inglehart, 2019) COVID could also affect a third important trend, the decline of state regulation and the rise of private, voluntary, and disclosure-based governance (Levy, Brown, and de Jong, 2010) The impact of COVID on these trends suggests some fruitful new directions for scholars of global governance and organizations