Abstract: | The challenge for the UN and for all publicly funded institutions that distribute surpluses for international needs is nothing less than to devise new global mechanisms for the collection and distribution of the surplus generated in a global economy. A minimalist interpretation of when individual governments can and cannot provide public goods has exercised strong influences on perceptions as to what is appropriate at international levels and with regard to the financing of international institutions. There is a strong consensus on an important range of international social goods. Three kinds of financing alternatives should be accorded priority in policy research—charges for the use of the global commons, monetary measures, and international taxation. |