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    | REVELATIONS OF THE COPENHAGEN SUMMIT: Institutions and decision-making processes in a world with multiple stakeholders
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    | by Félix PeñaJanuary 2010
 
 English translation: Isabel Romero Carranza
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    |    | After the United Nations Copenhagen Climate Change 
        Conference (COP-15) it is very likely that, during the upcoming year, 
        the debate will continue to focus on the extent and validity of the diagnosis 
        regarding the climate changes that are taking place, the measures to be 
        implemented, the responsibilities of each country -particularly the developed 
        and developing ones according to their past and present contribution towards 
        environmental pollution- and the distribution of costs and funding of 
        the measures to be adopted. 
       The meager results of the Copenhagen Summit have given clear evidence 
        of three aspects of the new international scenario. Firstly, that some 
        relevant matters that have a bearing on international relation, and that 
        can even affect the future of humankind, can only be tackled at a global 
        scale. Secondly, the difficulty in determining, in practice, how many 
        countries are needed to achieve a critical mass of power so that the decisions 
        that are adopted towards a reasonable global governance are of a binding 
        nature, efficient and socially legitimate. The third aspect is that some 
        of the current global international institutions have certain shortcomings 
        that could render them less than effective at the moment of building, 
        among its numerous member countries, the necessary consensus for action 
        and especially for the creation of binding commitments The abovementioned are just a few of a number of aspects that show 
        the extent of the systemic world crisis and recreate the classical dialectic 
        tension between order and anarchy in international relations. This crisis 
        might have a domino effect in different regional global spaces and, eventually, 
        at a global scale. It can be clearly evinced precisely by the inability 
        to find efficient answers, within the scope of institutions that originated 
        in a collapsing world order, to the collective problems that are being 
        faced at a global scale. |  
   
    | After the United Nations Copenhagen Climate Change Conference (COP-15) 
        (see http://www.denmark.dk/ 
        or download 
        here and http://www.un.org/) 
        held last December, the analogy of the 'half-full or half-empty glass' 
        has been frequently used to illustrate its concrete results.  In this sense, the opinion of analysts is divided among those who perceive 
        that a step has been taken, albeit a timid one, towards the right direction 
        and those who, on the contrary, have pointed out that there is a long 
        distance between the few commitments that were made and those that would 
        be needed to attain a credible legal framework to successfully face the 
        great challenges posed by the profound climatic changes that are taking 
        place. Everything indicates that this debate will continue along the way towards 
        the upcoming Summit that will take place in Mexico next December (see 
        http://www.un.org/). 
       We may presume that during the current year the debate will continue 
        to focus on the scope and validity of the diagnosis regarding the severity 
        of the climatic changes that are taking place, on the measures to be adopted, 
        on the responsibilities to be borne by the different countries -particularly 
        developed and developing countries according to their past and present 
        contributions towards environmental pollution- and on the distribution 
        of the corresponding financing of the measures to be adopted. It is a complex debate due to the scientific considerations but much 
        more so because even when the most serious consequences would take place 
        in the mid and long terms, many of the corresponding costs will have to 
        be assumed in the short term. In political terms, this lack of temporal 
        synchronicity is of great relevance for those countries that will have 
        to take on the greatest responsibilities.   In any case, after the meager results of the Copenhagen Summit, three 
        different aspects of the international scenario have been clearly exposed. Firstly is that certain relevant issues that have a bearing on international 
        relations and that can even impact the future of mankind can only be dealt 
        with at a global scale. An example of this is precisely climate change. 
        The main problem is that if the most alarming scientific forecasts are 
        right any delay in the action can have strong consequences and important 
        social costs.  Other relevant issue at a global scale, and as serious as the one mentioned 
        above, is the approach towards the several divisions raised by the present 
        security and peace agenda in the world. No individual country acting on 
        its own seems to be in the position to guarantee the efficiency of the 
        actions that may be required on this plane. Additionally, the situation 
        is getting even more complicated by the proliferation of non-state actors 
        employing different forms of violence in the international scenario.  Regarding both matters -among others that have a bearing on the international 
        agenda- global governance will be strongly conditioned by the willingness 
        of nations with certain prominence in the world scenario to work together. 
        It will also be conditioned by the success in developing new creative 
        forms of joint work among nations, both at the global level as well as 
        at each regional level (this was one of the issues dealt with at the Conference 
        "Global Governance: Future Trends and Challenges", organized 
        by Wilton Park in the U.K. between January 11 and January 13, 2010, and 
        whose account will be published on www.wiltonpark.org.uk).
 This second aspect is related to the difficulty of pinpointing, in practice, 
        how many countries are needed to achieve a critical mass of power that 
        is sufficient to guarantee that the decisions that are taken to attain 
        reasonable global governance are of a binding nature, efficient and socially 
        legitimate. This is the main issue posed by the modality of informal associations 
        -the "G". It is of great relevance given that it is a known 
        fact that in the future global governance will not be able to depend on 
        one single nation, as powerful as this may still be -such the case of 
        the United States.
 At a global level this aspect has surfaced with the G20 and also, in 
        good measure, in the chaotic final hours of the Copenhagen Summit. Not 
        only is it a problem to know which and how many countries should form 
        part of this or other similar groups (see the February 2009 edition of 
        this Newsletter). The debate on this regard is an ongoing one and may 
        not be over for a long time. Additionally, it is a matter of knowing how 
        to overcome the effects of the heterogeneity of power among the multiple 
        participating countries or those that may aspire to participate.  As was mentioned on previous opportunities (see the October 2009 edition 
        of this Newsletter) by expressing their opinion and acting within a "G" 
        group some countries reflect their own and unquestionable quota of relative 
        power, such the cases of the U.S. and China, Others reflect the ability 
        to rally nations through different modes of power coalition within an 
        institutional framework of working together in a given geographical space. 
        This is the case of the current European Union. Yet other countries, even 
        when they can be relevant in terms of economic dimension and relative 
        power -sometimes more of a potential than a actual reality- cannot really 
        claim to represent the prevailing opinion of the geographical region to 
        which they belong. Such are the cases for example of Argentina and Brazil 
        in the South American regional space and of India, Russia, Indonesia, 
        Egypt and South Africa., among others, in their own geographic regional 
        spaces. In any case, this informal modality of joint work at the international 
        level -informal in the sense that it does not involve the creation of 
        institutions with the legal capacity to generate binding commitments- 
        shows some difficulties which can lessen its relative effectiveness. These 
        problems are manifested in the preliminary processes of preparation of 
        each meeting and especially in the limited capacity to translate then 
        what is agreed into concrete realities. It may be more effective when 
        coordinating actions that ultimately depend on measures that are adopted 
        at the respective domestic level, such as for example some of the G20 
        agreements regarding the international financial system. However, this 
        effectiveness may be lessened, or even annulled, in the case of actions 
        that need to be translated into binding legal commitments or the development 
        of new international rules. This has been the case, for example, of the 
        G20 in relation to its resolution to conclude the Doha Round.
 The third aspect is made manifest by the fact that some of the current 
        global international institutions exhibit certain shortcomings that render 
        them barely effective to build the consensus among the numerous member 
        nations that is needed for action and especially to generate binding agreements. 
        In their decision-making processes, they may be reflecting and international 
        architecture that has been outpaced or is in the process of being rapidly 
        left behind. On this regard there are three fundamental questions: How 
        is it possible to achieve the necessary balance of interests among 193 
        countries (the case of the UN) or among 153 countries (the case of the 
        WTO) that will enable to adopt binding decisions that actually impact 
        reality?; Would such decisions have the necessary effectiveness, efficiency 
        and social legitimacy if they were adopted only by a more limited number 
        of relevant countries?; And if this were the case, which countries should 
        these be so as not to cause the explicit or implicit rejection of those 
        not participating in the adoption of the corresponding decisions? To answer 
        these questions in actual fact will not be an easy or swift task. The 
        recent book published by Debra S. Steger offers very interesting contributions 
        regarding the case of the WTO. (Please refer to the Recommended Readings 
        Section of this Newsletter).
 The abovementioned are only some of the aspects that expose the extent 
        of the systemic global crisis. They recreate the classic dialectic tension 
        between order and anarchy in international relations. It could have a 
        domino effect in different regional spaces and, eventually, at a global 
        scale. It is made manifest by the difficulty to find, within the institutional 
        ambit of a collapsing order, effective solutions to the collective problems 
        faced at a global scale.  As was mentioned on previous opportunities one of the risks is that this 
        situation results -as has happened in the past- in the emergence of systemic 
        problems within countries that have been and still are relevant actors 
        in the international scenario, or within those countries which, even when 
        not as relevant, can cause a domino effect in their respective regional 
        geographic spaces.  This can happen in the measure that the citizens of the different countries, 
        including the most developed ones, not only lose their trust in the markets 
        -a possible effect if the current global financial crisis continues- but 
        also in the capacity for finding solutions within the framework of their 
        respective democratic systems. If this were the case, the most dismal 
        forecasts of some analysts would pale in comparison to what would have 
        to be faced in the future. |  
   
    |  Recommended Readings of Recent Publication: 
        Auboin, Marc, "Restoring trade finance during a period of financial 
          crisis: stock-taking of recent initiatives", World Trade Organization, 
          Economic Research and Statistics Division, Staff Working Paper ERSD-2009-16, 
          Geneva, December 2009 en http://www.wto.org/; 
          o  
          download here.
Centro de Economía Internacional, "Revista del CEI. Comercio 
          Exterior e Integración", CEI-MRECIC, Noviembre de 2009, 
          Número 16, en http://www.cei.gov.ar. 
          
CARI-KAS, "La Nueva Realidad Internacional. Su impacto en la 
          formación de especialistas", Consejo Argentino para las 
          Relaciones Internacionales (CARI) y Fundación Konrad Adenauer 
          (KAS), Documento de Trabajo nº 87 del CARI, visit http://www.cari.org.ar/ 
          or download 
          here.
Dabène, Olivier, "The Politics of Regional Integration 
          in Latin America. Theoretical and Comparative Explorations", Palgrave, 
          Macmillan, New York 2009.
Denae Trasher, Rachel; Gallagher, Kevin P., "21st Century Trade 
          Agreements: Implications for Long-Run Development Policy", Boston 
          University, The Frederick S.Pardee Center for the Study of the Longer-Range 
          Future, The Pardee Papers, nº 2, September 2008, visit http://www.bu.edu/ 
          or download 
          here.
Fundación Standard Bank, "Conectividad, creatividad y 
          competitividad: su relevancia para la internacionalización de 
          empresas", Instituto de Comercio Internacional de la FSTB, Material 
          didáctico sobre Comercio Internacional, nº 2, Buenos Aires 
          2009. 
Goswami, Anandajit; Dasgupta, Mitali; Nanda, Nitya, "Mapping 
          Climate Mitigation Technologies and Associated Goods within the Building 
          Sector", International Centre for Trade and Sustainable Development 
          (ICTSD), Geneva, January 2010, visit http://ictsd.org/ 
          or download 
          here. 
Grevi, Giovanni, "The interpolar world. A new scenario", 
          European Union Institute for Security Studies ISS-IES, Occasional Paper, 
          nº 79, June 2009, visit http://www.iss.europa.eu/ 
          or download 
          here.
Hoeckman, Bernard; Martin, Will; Mattoo, Aaditya, "Conclude Doha. 
          It matters!", The World Bank, Policy Research Working Paper (WPS5135), 
          Washington, November 2009, visit http://www-wds.worldbank.org/ 
          or download 
          here.
INTAL, "Informe Mercosur nº 14. Período Segundo Semestre 
          2008-Primer Semestre 2009", INTAL-BID, Buenos Aires, Diciembre 
          2009, en http://www.iadb.org/ 
          or download here.
Kosacoff, Bernardo; Mercado, Ruben (eds), "La Argentina ante 
          la nueva internacionalización de la producción. Crisis 
          y oportunidades", CEPAL - PNUD Argentina, Buenos Aires 2009.
Mayne, Richard, "In Victory Magnanimity; In Peace, Goodwill. 
          A History of Wilton Park", Whitehall History Publishing in association 
          with Frank Cass, London - Portland, Or. 2003.
Rhodes, David; Stelter, Daniel, "Collateral Damage. Preparing 
          for a Two-Speed World: Accelerating Out of the Great Recession", 
          The Boston Consulting Group (BCG), January 2010 en http://www.bcg.com/ 
          or download 
          here.
Steger, Debra S.(editor), "WTO. Redesigning the World Trade Organization 
          for the Twenty-first Century", CIF, Wilfrid Laurier University 
          Press, International Development Research Centre, Ottawa 2010.
Stelzer, Joana; Nascimento, Natali; Duarte Peixoto Morella, Patricia 
          (org.), "Comércio Exterior em Açâo: estrategias 
          competitivas", Coleçâo Negócios Mundiais do 
          Curso de Comércio Exterior da Univali, UNIVALI, Itajaí 
          2008.
Stelzer, Joana; Nascimento, Natali; Duarte Peixoto Morella, Patricia 
          (org.), "Desafíos do Comércio Mundial: sustentabilidade 
          e internacionalizaçâo de empresas", Coleçâo 
          Negócios Mundiais do Curso de Comércio Exterior da Univali, 
          UNIVALI, Itajaí 2009.
The World Economic Forum, "A Partner in Shaping History. The 
          First 40 Years", WEF, Geneva 2009.
Tussie, Diana (ed), "The Politics of Trade. The Role of Research 
          in Trade Policy and Negotiation", Republic of Letter, BRILL, International 
          Development Research Centre, Dordrecht - Leiden - Boston 2009.
Valle Lomuto, Valeria Marina, "Las Negociaciones del Acuerdo 
          de Asociación Interregional entre la Unión Europea y el 
          Mercosur", Tesis para obtener el grado de Doctora en Ciencias Políticas 
          y Sociales con orientación en Relaciones Internacionales, Facultad 
          de Ciencias Políticas y Sociales, Universidad Nacional Autónoma 
          de México, México 2008.
World Bank, "Connecting to compete. Trade Logistics in the World 
          Economy - The Logistics Performance Index and its Indicators - 2010", 
          The World Bank, Washington, January 2010, visit http://siteresources.worldbank.org/ 
          or download 
          here. |  
  
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    | Félix Peña Director 
        of the Institute of International Trade at the ICBC Foundation. Director 
        of the Masters Degree in International Trade Relations at Tres de Febrero 
        National University (UNTREF). Member of the Executive Committee of the 
        Argentine Council for International Relations (CARI). Member of the Evian 
        Group Brains Trust. More 
        information. |  
 
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