What is Global Governance?

•The idea of “Global Governance” has been around for over 20 years.
•It recognizes that in a world of accelerated globalization, some global solutions are necessary.
•The essence of global governance is a coordination of efforts by governments, international organizations, civil society and other groups of efforts to reduce or manage the threats of globalization and to promote the benefits of globalization.
•An important UN report, Our Global Neighborhood, by The Commission on Global Governance, a distinguished panel of international public servants was issued in 1995, but was not universally well received.
•Global governance is opposed by those who defend the sovereignty of states and mistrust large multinational bureacracies.
•Global Governance is not World Government. In fact, global governance would not be necessary, were there a world government.
•Global governance refers to the political interaction that is required to solve problems that affect more than one state or region when there is no power of enforcing compliance. Problems arise; networks of actors are constructed to deal with them in the absence of an international analogue to a domestic government. This system has been termed “disaggregated sovereignty.”
•Some, however, question the inefficacy of such informal regimes and recommend a more structured set of regimes coordinated through international organizations, such as the United Nations and regional organizations.