The Implication Of Global Governance

The UN Commission on Global Governance characterized governance broadly as ‘the sum of the many ways individuals and institutions, public and private, manage their common affairs’. It recognized that governance is not a one-off goal or project. Rather, governance is ‘a continuing process through which conflicting or diverse interests may be accommodated and co-operative action may be taken’. Global governance is a vague concept often defined in terms of what it is not: applied to a wide spectrum of practices of order, regulations and systems of rule.

According to an author, “We say ‘governance’ because we don’t really know what to call what is going on.” It can be argued that this observation is incorrect. Scholars writing on the subject-do

Global governance is an extremely broad term which includes a system of international institutions and organizations, regimes and national administrations, with an engagement of a society. Globalization is a process that encompasses the causes, course, and consequences of transnational and transcultural integration of human and non-human activities. Global governance is a mechanism necessitated by globalization, the powerful transformative force, responsible for changing societies and world order. Furthermore, there was a further democratization of social life, the deepening interdependence among nations and people, extension of technical and information capacity of mankind. The global revolution in information and communication brought the world into a qualitatively new state. It still squeezes space and time, changes the conditions of social existence of people and accelerates the pace of these changes. As a result, globalization increased the number of actors involved in the communication process of global

It is evident that globalization cannot be detained, or prevented. And since it has begun to permeate more spheres of human activity, the question of its institutionalization endowed with an appropriate amount of authority and legitimacy started to be important in all spheres. Talking about management, effective governance was essential for the establishing of sustainable development policies. Such institutionalization varied in several forms. The main ones were global co-operation, in which the coordinated global policy could play a crucial role, and global governance, in which international organizations would be autonomous from states in decision-making. The need to build global governance was based on the belief that humanity, after a number of global wars and global conflicts, had been provided with a unique opportunity to establish an order, which should be based on a set of fundamental values that can unite people, set environmental standards and harmonize political situations. It is also noted by scholars that such management could include democratic principles implemented in accordance with established rules of law binding for all without