CIGI Papers Series

About the 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. 

In the Series

Since 2013, the Chinese government under President Xi Jinping has adopted a proactive approach to global governance and is committed to playing a leadership role to take on more international duties. China has proposed a series of new concepts and approaches on the issue of global governance, as well as an action plan for the next five to 10 years to push forward on reforming and strengthening the existing global governance institutions.
In recent years, the debate about the role of digital technology in our society, our economy and our democracies has shifted, and questions about the social and economic costs of the platform economy have emerged. Democratic governments around the world have begun to search for a strategy to govern the digital public sphere. Many are converging on what might be called a platform governance agenda. But what might a platform governance agenda look like?
Recent events have the potential to reverse the positive macroeconomic performance of the global economy and trigger a slowdown in both global growth and international trade. In particular, the implications of ongoing trade disputes that have undermined trust in the existing multilateral cooperation system and the incentive for countries to align with ongoing global policy coordination efforts.
This paper explores the role of emerging-country members in the Basel process, a key aspect of the global financial standard-setting process. It argues that this process has been significantly more politically resilient than adjacent aspects of global economic governance, in part because major emerging countries obtain continuing “intra-club” benefits from participation within it.
Canada (and other countries) faces what can be called the data trilemma, whereby it is not possible to have simultaneously data that flows freely across borders, a high-trust data environment and a national data protection regime; one of these three objectives has to give so that only two are effectively possible at the same time. To resolve the data trilemma, Canada should work with its key economic partners — namely the European Union, Japan and the United States — to develop a single data area that would be managed by an international data standards board.
The growth and proliferation of regional financial arrangements have substantially increased the complexity of the global financial safety net. The International Monetary Fund often shares the task of fighting crises with such institutions. But, in addition to significant benefits, institutional overlap poses potential pitfalls that architects of financial governance should anticipate and avoid.