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International Regulatory Co-operation

The Role of International Organisations in Fostering Better Rules of Globalisation

image of International Regulatory Co-operation

Borders are becoming increasingly porous, with growing flows of goods, services, people and capital. Governments, more than ever, need to co-ordinate their efforts to develop global standards to address climate change, as well as crises related to finance, health, environment and migration; secure peace; and ensure sustainable economic prosperity and social inclusion. International organisations play a key role in fostering multilateral action and addressing the fragmentation that may undermine effective domestic action. To shed greater light on international standard setting, this unique report collects, compares and assesses the practices of 50 international organisations on their governance arrangements, operational modalities, use of quality management disciplines and co-operation efforts. It analyses different types of organisations – inter-governmental, supra-national, trans-governmental and private – and identifies avenues for making their action more effective, inclusive and relevant.

 

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Executive summary

A wide variety of international organisations (IOs) are involved in promoting international regulatory co-operation (IRC) through their standard-setting and rule-making activities. The United Nations is very active in this area: UN bodies make up half of the IOs surveyed for this study. But new forms of organisation have also flourished alongside the traditional model of inter-governmental organisations (IGOs), with different legal standing and memberships. Private standard-setting organisations and trans-governmental networks of regulators (TGNs) are for instance playing an increasing role.

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