Executive Summary
  Table of Contents
  Acknowledgements
  Glossary

 

 

 

 

 

 



 

25 Questions & Answers

Click here to download the complete Questions and Answers set

12.  How are global public goods to be produced?

The production of public goods is not very different from the production of any good or service—various inputs are required to get to the final good. In many cases, the global public good—or bad as the case may be—is an outcome of various individual actions and inputs. For example, the global public bad of climate instability is the by-product of many years of greenhouse gas emissions into the atmosphere by, among others, people who drive cars and manufacturing companies that have not adopted cleaner technologies. The chapter by Kaul and Le Goulven on institutions illustrates the production processes of two global public goods, climate stability and food safety, in greater detail.

The discussion in that chapter shows that production depends on the institutions and organizations that help (or hinder) the synthesis of inputs required to produce the good. It also shows that many of today's institutions are not conducive to the production of global public goods. The production of global public goods requires a process that is "multi"—multi-country/level/actor/sector. Yet policymaking at present is often fragmented and compartmentalized along national borders or along economic sector and actor lines.

[While the chapter by Kaul and Le Goulven examines the production of global public goods from a crosscutting perspective, the issue case studies presented in part IV of the book present important insights into this topic vis-à-vis select global public goods.]

Back to Q & A    Go to Question 13