In the 21st century the international community needs a catalyst to unite our world and to create new institutions to combat the denigration and the disparagement of globalization. The key answer to this enigma would be the expansion and legitimating of global governance. This cannot and will not happen without the indispensable collaboration of states and governments, institutions, NGO’s, NSA’s, multi-national corporations, banks and many more which have a greater influence with the grass roots. (This would be similar to the term Parag Khana coined as mega-diplomacy.) They are trusted more by the people than governments, this being because they bring legitimacy and put pressure on governments and intergovernmental organizations. For this reason and many more, collective cooperation is necessary. It is more of a reactionary measure than a proactive measure. Scholars like Thomas Weiss, Parag Khana, Nicolas Berggreuen and Nathan Gardels are some of the contemporary minds that would agree with solid and cohesive global governance. The benefits of globalization can become less marginal and more equal with nations that are less developed in areas such as education, human development, economic and social conditions and list goes on and on. Globalization can be much more beneficial or can become a “substantial ongoing threat to human survival and dignity.” (Weiss p.5)
In any case, in order analyze a much publicized topic such as global governance; a formal definition would be needed to interpret the obvious of global governance and its affect on globalization. The sentiment expressed in the following quotation embodies the view of Thomas Weiss; he states:
… global governance is the sum of the informal and formal values, norms, procedures, and institutions that help all actors-states, inter-governmental organizations (IGOs), civil society, transnational corporations (TNC), and individuals to identify, understand, and address trans-boundary problems. (Weiss p.2)
[As well as] … a collective efforts to identify, understand, or address worldwide problems that go beyond the capacities of individual states to solve. [In addition] … it is the combination of informal and formal values, rules, norms, procedures, practices, policies, and organizations of various types that often provides a surprising and desirable degree of global order, stability, and predictability. (Weiss p.32)
In other words global governance refers to the emergence of worldwide relationship, in which economic, cultural, political and environmental issues are resolved in a positive manner to benefit all states, but global governance is best played out when state government are absent and there is a “pooled sovereignty” a “shared sovereignty” in essence creating a more balanced international community. Global governance also incorporates the emergence of transnational issues networks which exercise influence both in the form of political clout and of production of new policy. These...