ABSTRACT
Well, yes and no. Yes, the world is globalizing and yes, the lack of accountability at the global level is alarming; but no, our knowledge of globalization is not inconspicuous. And yes, the question of institutional reform is urgent; but no, our comprehension is not confined to slogans and anecdotes. Before the question of institutional reform can be faced, however, the challenges globalization poses for democratic governance need to be identified and the variety of ways in which the challenges are addressed need to be clarified. Such is the purpose of this inquiry. I am less interested in suggesting institutional reforms than in clarifying the problems reformers will have to confront. I assume that the tasks of reformers will be greatly eased if the obstacles they must surmount are better understood.
