CONTEMPORARY GLOBAL GOVERNANCE

GLOBALIZATION
 Globalization is the word used to describe the growing interdependence of the world’s
economies, cultures, and populations, brought about by cross-border trade in goods and
services, technology, and flows of investment, people, and information.
GOVERNANCE
 Establishment of policies, and continuous monitoring of their proper implementation, by
the members of the governing body of an organization. It includes the mechanisms
required to balance the powers of the members (with the associated accountability), and
their primary duty of enhancing the prosperity and viability of the organization.
GLOBAL GOVERNANCE
 Global governance or world governance is a movement towards political cooperation
among transnational actors, aimed at negotiating responses to problems that affect more
than one state or region.
 Global governance is the political interaction of transnational actors aimed at solving
problems that affect more than one region. It consists of international rules or laws,
norms or ―soft law‖ including human rights. Its structure may be formal or informal. It
may be formed at the regional or global level.
 The Global Governance perspective seeks to examine gaps in the international system for
managing complex issues and to engage stakeholders on practical steps for collective
problem-solving. It pays particular attention to informing successful multilateral
negotiations on creating or reforming global institutions, and to engaging more effectively
new transnational actors from the private sector and civil society.
The potencies of Global Governance

 Creating greater operational capacity and effectiveness

 Generating more flexibility and efficiency
 Establishing a cooperative work culture in participating organizations
 Encouraging interorganizational learning
 Creating greater oppurtunities for participation and increasing the legitimacy of
governance

Governance and Globalization

Globalization and global governance are intimately connected. As globalization occurs, stated
lose control over their destinies, problems become “bigger” than the capacities of individual
governments and states must delegate and possibly abdicate political authority to
 supranational entities with powers that more nearly coincide with the scope of the issues and
actors to be managed.

Global Governance as an International Organization

 Global Governance clearly is not world government- indeed, it is better view as

the sum of governance processes operating in the absence of world government.
 Global governance, is any purposeful activity intended to “control” or influence
someone else that either occurs in the arena occupied by the nations or occurring
at other levels, projects influence into that arena.
 It is a process of activity and to differentiate it from other terms, its descriptive
rather than normative nature should emphasize: ‘global governance is governing,
without sovereign authority, relationships that transcend national frontiers’.

The world is facing with threats and challenges that no single country, no matter how powerful
it is, can deal with.
Role of Global Governance
The role of governance is to create, authorize, and monitor the strategic direction of the
enterprise and create values, policy and financial plans that support vibrant delivery of their
mission.

 End poverty
 End hunger and improve nutrition and sustainable agriculture
 Promote well-being for ages
 Achieve gender equality
 Enjoy equitable and quality education.
 Ensure water and sanitation for all
 Ensure access to modern energy for all
 Promote sustainable economic growth and productive employment
 Built resilient and innovative infrastructure
 Reduce inequality
 Make settlements safe, resilient and sustainable
 Ensure sustainable consumptions and production patterns
 Take urgent action to combat climate change.
 Conserve and sustainably use of Earth’s water
 Promote sustainable use of ecosystems and forests, and halt and reverse land
degradation and biodiversity loss
 Promote peaceful societies, provide access to justice and build effective and accountable
institutions
 Implement and revitalize to global partnerships for Sustainable development