"attempts to bind governments by multilateral rules are likely to provoke a severe backlash from domestic constituencies". 200 sovereign nations so far. Attempts at global financial discipline included a gold standard - failed disastrously. Audit - likewise. Next, Thucydides?
New Paper 
Under the presidency of Donald Trump, the US has accelerated its move away from leadership in global economic governance.
@alanbeattie examines the governance problems in the monetary system and global trade and regulation.https://www.chathamhouse.org/publication/can-world-economy-find-new-leader …
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Maybe the world should now to Germany as the World Economy Leader!
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