Editors: Huiyao Wang, Alistair Michie
Published in September, 2021
ISBN 978-981-16-5390-2
Publisher: Springer Nature Publishing Group
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This open access book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development.
This is a truly unique book. Never before has such an authoritative group of essayists come together to develop deep new thinking about global governance that is relevant to current shared global challenges.
The motivation for creating this book draws on the spirit and core culture of CCG. The first element of this book springs from the concept of “globalization,” which is not just part of “Center for China and Globalization (CCG)” but a deeply held belief that all of CCGers share, who believe that a globalized world is a core component for the creation of a peaceful and sustainable world order that contributes to the mutual benefit of all mankind. The COVID-19 pandemic has unleashed forces that pose great challenges to the realization of a peaceful and sustainable world order, but it was also a major catalyst that motivated Dr. Huiyao Wang and Alistair Michie to collaborate and co-edit this book.
Currently, a ‘flat, fused’ globalized world is racing ahead of the ‘rules-Based’ order, just as Thomas L. Friedman, Pulitzer winner and New York Times columnist said in a virtual forum with CCG on March 29, 2021: “That is the central governing challenge today. How do you govern the world that is that fast, fused, deep and open? That is our challenge.”
The two editors gave eminent writers the task of expressing their views about the options for governance and globalization in the twenty-first century, and challenged them to explain how consensus, rather than conflict, could be a way forward for mankind. As a response, the majority of these writers chose to analyze why the current ‘rules-based world order’ needs reform. Overall, most authors stressed that the need for change is extremely urgent.
35 essays were contributed by Pascal Lamy, Joseph S. Nye Jr., Edmund Phelps, Lord Jim O’Neill, Wendy Cutler, Peter Maurer, H. E. Shaukat Aziz, Grzegorz W. Kołodko, Guangyao Zhu, Yafei He, Jeffrey Lehman, Denis F. Simon and other 26 authors. All these pieces were classified into seven parts:
1.Policies for Changing the ‘Rules Based World Order’
2.Policies to Create Public Health and Humanitarian Governance Reform
3.Governance to Nurture the Next Generations Through Education, Exchange and Migration
4.Global Governance Trends and Dealing with the Digital and Biosphere Revolutions
5.Global Governance Perspectives from Africa, Asia, North America and Europe
6.Lessons from History for the Next Steps in Global Governance and Trends
7.‘Soft Power’ in Governance, the Burden of Debt and the Crisis of Communications
In this book, leaders and scholars spell out why these perils pose a stark choice for the human race. They stress how any path that leads to conflict increases the risk of catastrophe. In this context, the common thread is that a consensus must be reached about the future of our world. These writers have put forward many ideas and potential new policies, reflecting their vision of what this consensus should be and how it is the only way forward for the human race. For example, Pascal Lamy suggests that the world should not revolutionize the current system, and it is essential that a new order serves not only the established powers, but a greater number of the newly emerging nations. He concludes that globalization can continue to contribute to the betterment of mankind. Prof. Joseph S. Nye Jr. proposes that the US should create a “COVID Marshall Plan” to strengthen global healthcare systems. Such leadership could enhance US ‘soft power’ and by 2030 have a similarly significant geopolitical effect as the original Marshall Plan. Edmund Phelps suggests that if China is to make the leap from a middle-to-high-income country, then China must develop indigenous innovation and continue improving its institutions.
Given the sentiments expressed by these eminent essayists and the turmoil visible in the world in 2021, the publication of this book is extremely timely.
Both volume editors sincerely wish that readers around the world could be inspired by the diverse ideas expressed in this book. They believe that these writers have provided the ingredients for a ground-breaking book, and hope that their thoughts will stimulate a fruitful dialogue on the future of global governance, which is so urgent and vital in today’s world, to meet the challenges mankind currently faces.
Special thanks are given to Sir Danny Alexander, Sir Angus Deaton, Rana Mitter and other 8 distinguished leaders and scholars, for generously providing their endorsements after reading through the whole book.
Consensus or Conflict? It’s the time for readers to consider the many problems the world faces with a few words from Thomas L. Friedman, who so poignantly asked: “How do you govern a world that is that fast, fused, deep and open?”
Book Review
“Multilateral co-operation is critically important to address the many challenges we face, from tackling the pandemic, dealing with climate change and fostering sustainable development. This collection of essays is a very useful contribution for those seeking to understand our rapidly changing and globally connected economies and societies.”
Sir Danny Alexander, Vice President, Asian Infrastructure Investment Bank (AIIB) and former Chief Secretary, H M Treasury
“If anybody is in doubt that we all live in a global, interconnected world then consider the impact of global warming, covid, social media etc. To live in this world, we must embrace free and open dialogue between peoples and nations. This collection explains some Why’s and How’s. A must read to get a balanced view of the world today.”
Sir Peter Bonfield, CBE, FREng, Chairman, NXP Semiconductors
“If we are to negotiate the next decade in peace, we cannot just trade with China and compete geo-strategically. We need to understand her far better. This collection of essays from across the political spectrum is a major contribution to that understanding.”
Sir Andrew Cahn, former CEO of UK Trade and Investment
“The rise of China is leading to shifts in the global landscape not seen since the Industrial Revolution that started in Europe. Anyone who wants to understand, and thus benefit from these changes, needs to delve deep into China’s millennial long experience of governing a complex state. This exceptional and powerful collection of essays holds the key to that new understanding.”
Tim Clissold, author of the global best-seller, ‘Mr China’.
“We wish the book every success and hope very much that it contributes to a more balanced view of China in the world.”
Sir Angus Deaton, winner of the 2015 Nobel Memorial Prize in Economics and Anne Case, Professor of Economics and Public Affairs Emeritus at Princeton University
“The world is changing, of that there is no doubt. Within the frighteningly fluid global ecosystem of governance, capital markets and business, the place of a pure, rules based, approach could be seen as out of step with the changes already upon us and those about to descend. China’s place in this emerging new world order is little understood. Any contribution which assists in addressing this misunderstanding is to be welcomed.”
Jon Geldart, Director General, Institute of Directors
“Managing our relationships with an emerging Chinese superpower with very different values, history and political systems to our own, yet huge shared economic interests, is likely to be one of the great challenges for the medium-sized Western democracies, like the UK, over the next three decades. This collection of essays will be an important contribution to that debate”.
Lord Philip Hammond, former British Chancellor of the Exchequer
“The Atlantic community is being driven herd-like towards some simplistic assumptions about China, the apparent threat it poses and the choices we are being asked to make. Such analysis does not get us very far which is why this book is an important antidote and an invaluable guide to a more rational and realistic future – of course we need to mitigate the risk that China poses the west, but we also need to understand where our interests are aligned with Beijing.”
Lord Peter Mandelson, Chairman, Global Counsel; former European Trade Commissioner and British First Secretary of State
“This is an original, wide-ranging and stimulating set of essays. The relationship between China and the west is one of the most important in contemporary geopolitics, and these authors give us a range of productive and thoughtful ways to address its future.”
Rana Mitter, Professor, History and Politics of Modern China, University of Oxford and author of Forgotten Ally: China’s World War II, 1937-1945
“The world is not flat … for nations and economies to succeed and stay safe in this increasingly interconnected world, we must be willing to embrace change and be more tolerant of cultures and ideologies which appear different. Global climate change is undoubtedly a crisis which needs all nations to work together if we are to protect the lives and livelihoods of future generations … therefore reaching a global consensus on issues of this magnitude is essential. This book provides a compelling insight into China, the world’s second biggest economy, and the role it is likely to play in the future … as such this is a must-read publication.”
Sir John Peace, Chairman of the Midlands Engine and former Chairman of Standard Chartered, Experian and Burberry
“The world, and the west in particular, needs to recognise that we are moving to a different global dynamic, economically, politically and militarily, and that we have to engage with China in a balanced and pragmatic manner leaving ideology at the door. This is essential if we are to work together to deal with the enormous economic, climatic and health challenges the world faces in the short and long term. This book should help build understanding in this essential dialogue.”
Sir Mike Rake, Former President of the Confederation of British Industry (CBI)
“For anyone wanting to understand what role China will play in the emerging world, as Western global domination weakens, this book is essential reading. It provides a soundly based framework for understanding the political, economic and military forces at work in the transition.”
John Russell, Chairman, Henderson Far East Income Limited
35 Contributors (alphabetic order)
Amitav Acharya
Chair, Transnational Challenges and Governance of UNESCO and
Distinguished Professor, American University
Robert D. Atkinson
Founder and President, Information Technology and Innovation Foundation (ITIF)
H. E. Shaukat Aziz
Former Prime Minister, Pakistan
Jean-Christophe
BaCEO, The Global Csompass
Daniel A. Bell
Dean, School of Political Science and Public Administration
at Shandong University and Professor at Tsinghua University
Pierre Krähenbühl
Special Envoy of the President to China and Head of Regional Delegation Beijing,
International Committee of the Red Cross – ICRC
David Blair
Senior Economist
Kerry Brown
Professor of Chinese Studies and Director of the Lau China Institute
at King’s College, University of London, UK
Sir Keith Burnett
Chair, Academic Council for Schmidt Science Fellows at Oxford University
Ronnie C. Chan
Chair of Hang Lung Properties Limited and Chairman of Asia Society Hong Kong Center
Wendy Cutler
Vice President, Asia Society Policy Institute (ASPI)
Hermann Hauser
Chairman, Amadeus Capital, Cambridge UK and co-Founder, ARM Holdings
He Yafei
Former Vice Minister, Ministry of Foreign Affairs of China; Distinguished Professor, Peking University
Martin Jacques
Author of the global best-seller ‘When China Rules the World’ and formerly
Senior Fellow at the Department of Politics and International Studies, Cambridge University, UK
Masahiro Kawai
Representative Director, the Economic Research Institute for Northeast Asia;
Professor Emeritus, University of Tokyo
Parag Khanna
Founder & Managing Partner, FutureMap
Grzegorz W. Kołodko
Professor, Kozminski University; Former Deputy Premier and Minister of Finance, Poland
Pascal Lamy
President, Paris Peace Forum
Jeffrey Lehman
Inaugural Vice Chancellor, New York University Shanghai
Yuanli Liu
Professor and Dean, School of Health Policy and Management,
Peking Union Medical College
Carlos Lopes
Honorary Professor, University of Cape Town
Kishore Mahbubani
Distinguished Fellow, Asia Research Institute of National University of Singapore
Peter Maurer
President, the International Committee of the Red Cross (ICRC)
James G. McGann
Director, Think Tanks and Civil Societies Program, Wharton School and School
of Arts and Sciences; Senior Fellow, Fels Institute of Government, University of Pennsylvania
Lu (Mabel) Miao
Founder & Secretary General of Center for China and Globalization (CCG)
Alistair Michie
Secretary General of the British East Asia Council; Chair, International Expert
Council of the Center for China and Globalization (CCG)
Peter Nolan
Professor and Director, China Centre, Jesus College, Cambridge University, UK
Joseph S. Nye Jr.
University Distinguished Service Professor, Emeritus and Former
Dean of Harvard’s Kennedy School of Government
Lord Jim O’Neill
Chairman, Royal Institute for International Affairs
Edmund Phelps
Winner of the 2006 Nobel Prize in Economics, Director of the
Center on Capitalism and Society at Columbia University
Sir Anthony Seldon
Former Vice-Chancellor, University of Buckingham
Denis F. Simon
Professor of China Business and Technology at Duke’s Fuqua School of Business,
Former Executive Vice Chancellor of Duke Kunshan University (DKU)
Sir Martin Sorrell
Founder & Executive Chairman, S4 Capital, London, UK
Huiyao (Henry) Wang
Founder and President of Center for China and Globalization (CCG)
Vladimir Yakunin
Head of the State Policy Department, Faculty of Political Sciences,
Lomonosov Moscow State University, Russia
Zhu Guangyao
Former Vice Minister of Finance of China
Download Book at Springer
https://link.springer.com/book/10.1007/978-981-16-5391-9
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