Chapter 5 Global Governance
Chapter 5 Global Governance
Contemporary Global
Governance
Definitions
• Governance
• the sum of many ways individuals and institution, both public and private,
manage their common affairs.
• The continuing process through which conflicting or diverse interest may be
accommodated and co – operative action taken.
• Example: formal institutions/regimes empowered to enforce compliance
• Global governance
• the way in which global affairs are managed today
• The sum of laws, norms, policies and institutions that define, constitute and
mediate relations between citizens, societies, markets and states in the
international system.
Importance of Contemporary Global
Governance
• It is essential for each nation to collaborate with one another as one
nation cannot and will not be able to address or solve many of the
world's problem such as terrorism, pandemics, and climate changes.
Features of Contemporary Global
Governance
• According to Biermann and Pattberg the following are the features of
contemporary Global Governance.
• The emergence of new types of agency and of actors in addition to
national governments.