The fragmentation of the global energy governance system

 
PIIS020736760002500-9-1
DOI10.31857/S020736760002500-9
Publication type Article
Status Published
Authors
Affiliation: Lomonosov Moscow State University
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 11
Pages74-85
Abstract

The article analyzes one of the most important problems of the GEGS, that is, its fragmentation. The author maintains that there are two ways to solve the problem. The first solution implies allocating one organization that could support and manage processes in all world energy markets. The second solution involves strengthening the institutional structure of the GEGS and its cross-organizational links so that that the need for a “controlling organization” will disappear in the natural way.

Keywordsenergy, global governance, Group of Seven, Group of Twenty, fragmentation, global energy governance, International Energy Agency, institutional structure, energy cooperation
Received09.12.2018
Publication date14.12.2018
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