Rethinking Participation in Global Governance: Voice and Influence after Stakeholder Reforms in Global Finance and Health

International institutions frequently set rules, standards or policies that affect stakeholders who did not have an actual say in their making. Think of the Basel Committee on Banking Supervision whose standards, set by a small group of states, have been adopted in over a hundred jurisdictions. Historically, the interests of developing countries and civil society representing non-commercial interests have been most excluded or disregarded. Scholars and practitioners alike have criticised this engagement deficit and called for greater participation of such marginalized stakeholders. Against this background, in the past decade, international institutions have been introducing institutional reforms that allow for more or better stakeholder participation. This book brings together scholars and practitioners to investigate: What stakeholder participation reforms have been introduced? Have these reforms improved the voice and influence of marginalized stakeholders? What effect have these reforms had on the legitimacy and effectiveness of rule-making? To assess these questions, the book focuses on global financial governance and global health governance, covering treaty-based intergovernmental organizations alongside new forms of global governance such as trans-governmental regulatory networks, multi-stakeholder partnerships and private standard setting bodies. It compares the experiences of large emerging and smaller or lower-income developing countries (Brazil v. Argentina, China v. Vietnam, India v. the Philippines) in a diverse set of organizations, including the World Bank, the World Health Organization, the Basel Committee on Banking Supervision, the Global Fund to Fight AIDS, Tuberculosis and Malaria, the International Accounting Standards Board, Codex Alimentarius Commission and more.