Power, Fairness, and Sovereignty
Published online by Cambridge University Press: 09 July 2026
Economic globalization has produced uneven outcomes that challenge conventional development strategies. This chapter examines how global rules in trade, finance, and taxation reflect and reproduce asymmetries of power. It analyses the tensions between national sovereignty and global fairness, particularly in multilateral institutions. The chapter proposes reforms to create more balanced international regimes, enabling developing countries to pursue inclusive growth while participating meaningfully in global governance. Justice requires institutional redesign beyond national borders.
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