POLD89H3 Lecture Notes - Lecture 2: Power Transition Theory, Global Governance, Global Commons

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Document Summary

Implies all kinds of actors might contribute to transnational and international orders, establishing forms of governance, even in absence of an effective world government. Offers a new theoretical lens through which to view international relations, it highlights the role of diverse social actors as well as states in securing patterns of rule at the transitional and global levels. Defined in terms of any activity that contributes to transnational and international patterns of rule, includes not only the actions of states and international institutions, but also the actions of non- governmental organizations. Seeks not only to prevent and limit war but also to manage the global commons, to promote development, and to regulate global financial markets. Globalization consists in the rise of transnational flows and transnational problems. Privatized governance includes business groups, ngos, and arguably organized crime. Global governance now includes numerous such attempts to coordinate diverse actors within markets.

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