Budapesti Corvinus Egyetem Közgazdaságtudományi Kar
Abstract
The Great Crisis has made it clear once again that avoiding the derailment of globalization
of trade and finance and the protecting the globe from fragmentation call for enhanced global cooperation and an efficient, flexible and coherent system of
global governance. Three interconnected levels (national, regional, and global) comprise the system of global governance. This paper is dealing with some of the
main issues of global economic governance in the post-crisis world. It reveals that the turbulence and the distress of the world of the early 21st century have deeper
roots and broader sources than the crisis. Global governance therefore has to
respond much broader set of challenges in comprehensive framework and long term perspective