David Held is Master of University College and Professor of Politics and International Relations at Durham University. Charles Roger is a PhD student at the University of British Columbia and Liu Scholar at the Liu Institute for Global Issues.

• Contributors viiPreface xi1 Editors’ Introduction: Global Governance at Risk 1David Held and Charles Roger2 The Shift and the Shock: Prospects for the World Economy 19Martin Wolf3 The Coming Global Monetary (Dis)Order 31Benjamin J. Cohen4 Will Emerging Markets Shape or Shake the World Economy? 51George Magnus5 Protecting Power: Western States in Global Organizations 77Robert H. Wade6 Why the West Rules for Now – And is Likely to for a Long Time to Come 111Michael Cox7 Hamlet without the Prince of Denmark: How Development has Disappeared from Today’s “Development” Discourse 129Ha-Joon Chang8 Keynes, Hobson, Marx and the Crisis of Capitalism 149Robert Skidelsky9 From the Financial Crisis to the Crisis of Global Governance 170David Held and Kevin YoungIndex 202

"Among the many troubling things made clear by the current protracted crisis, a crucial one is that progress in global governance has been fragile and is very much at risk. In this book, Held and Roger have brought together distinguished contributors to explore the ways this is so, why, and what the implications are. The results are sobering but also helpful and consistently insightful."Craig Calhoun, director of the London School of Economics and Political Science