Whether economic liberalization and the growing influence of the multinationals or the ineffective global financial system and the globalization impacts, it all has something to do with the global economic and public policy making. At the national level, the key policy issues remain the management of the national economy and public revenue versus expenditure. The adverse impacts of globalization, advancing technology, and the changing demographics also exacerbate the issue. Moreover, the existing party political system at national level and the institutions of governance at the global level are increasingly become obsolete and therefore fail to response to the global challenges today. The policy framework presented here attempts to address some of these issues. The objectives of the book rest with identifying and addressing the key global public policy issues that challenge the world order and to present some innovative but rather unorthodox policy propositions.
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