Co-chairing international negotiations : the case of the Chiang Mai initiative multilateralization

• Main Author: Pitakdumrongkit, Kaewkamol
• Other Authors: S. Rajaratnam School of International Studies
• Format: Article
• Language: English
• Published: 2020
• Subjects: Social sciences::Political science; Co-chair; Chair
• Online Access: https://hdl.handle.net/10356/142918
• Institution: Nanyang Technological University

This paper studies the roles of co-chairs in international negotiations. This study attempts to fill the research gap by scrutinizing co-chairs' effectiveness, defined as an ability to shape agreement details in one's direction, to better understand chairs' and co-chairs' influence in negotiations. I argue that a co-chair's effectiveness is not a function of resource possession, but is rooted in its resource management, or ability to convert the existing resources into bargaining influence. To validate my argument, I analyze the Chiang Mai Initiative Multilateralization (CMIM) negotiation rounds from 2005 to 2010, focusing on the members' financial contributions and vote shares.