Professional Documents
Culture Documents
Global Governance
Global Governance
GOVERNANCE
Prepared by : James Bernard R. Brocal (BEED 3-3)
ACTIVITY: WORD CLOUD
What is Governance?
Vayrynen (1995) defined governance as the sum of the
many ways individuals and institutions, public, and
private, manage their common affairs.
The act itself of governing, the process or power of
governing
POLITICAL DEFINITION OF
GOVERNANCE
The main Elements of Globalization are the liberalization of worldwide trade or economic
globalization
IMF as the major actor of global economic Governance, which manage to liberalize
capital by removing restrictions on transactions
Globalizations transform economy from national to global.
Globalization major impact on localization, although it is a mutual reinforcement.
Global Governance leads to unilateralism.
External Situation constrained by one country’s domestic policy.
CHALLENGES TO WORLD
GOVERNANCE
Challenges to World Governance
Economic Inequality
Social Conflict
Religious Sectarianism
Colonial Legacies
Territorial disputes
Control over the basic resources
THREE STRATEGIES TO
CONSTRUCT WOLD
GOVERNANCE
Three Strategies to Construct World
Governance