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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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The contours of international regulatory co-operation within international organisations

International organisations contribute to regulatory co-operation among their members through various ways. They facilitate the development of common language and the comparability of approaches and practices across jurisdictions. They provide the institutional framework and technical expertise to help countries develop international legal and policy instruments and standards, align their regulatory approaches, and build capacity. Sometimes they contribute to dispute resolution among members, and facilitate crisis management. They do so by providing platforms for continuous discussions across members and by engaging with various stakeholders. This chapter analyses the answers to the 2015 OECD Survey of International Organisations on the activities of international organisations in support of regulatory co-operation, the actors involved and the objectives pursued.

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