The international community's management of the 2010 financial crisis in Greece revealed a major gap in the international financial system. No single institution is any longer unambiguously in charge.

Part of Series

CIGI Papers present in-depth analysis and discussion on governance-related subjects. They include policy papers that present CIGI experts' positions or contributions to policy debates, and background papers that contain research findings, insights and data that contribute to the development of policy positions.
  • James M. Boughton is a CIGI senior fellow. James’s research focuses on the evolution of Canada’s role in international governance since the 1940s and the potential for further evolution in the near future.