A Dual Architecture with a Tripod Regional Order for Global Governance in the New Globalization Era
摘要
Since the financial crisis in 2008, the illusion of “hyperglobalization” has faded, giving way to the “new globalization”, characterized by innovation-driven growth and regionalized global value chains. The current disorder in global governance in essence reflects a structural mismatch between the U.S.-led institutional superstructure and a regionalized tripod economic foundation comprising North America, Europe, and Asia with the U.S., Germany, and China acting as respective regional anchors. Addressing this systemic incongruity requires a reconfiguration of the global governance architecture to align more closely with the evolving dynamics of globalization. This article employs a mixed-methods approach, integrating formal modeling, quantitative and qualitative analysis, to explore what constitutes an optimal governance architecture in the context of “new globalization”. We argue that a dual architecture consisting of global and regional institutions with a tripod regional order is not only empirically feasible but also normatively preferable.