Politics of global problems

The prime minister of France has issued a proposal that oil and gas companies should treat as a looming political hazard.At a World Bank meeting last month in Paris, Lionel Jospin called for creation of an international body to enforce environmental regulations."Problems are now global and require global solutions," the Socialist Party leader declared. Acting alone, he said, states can't guarantee the protection of citizens' interests or the delivery of benefits from globalization. From these observations he deduced the need for something called "political globalization," which he equated with regulation. "The time has come to address the problem of how to structure global regulat...

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