POL 1502 Chapter Notes - Chapter 0: Global Governance, Statism
Document Summary
Governance is central in the evolution of the role of the state. Coordination of economic activities; new form of organization of an international society; state becomes hollow. Corporate governance: interaction between powerful corporations; new management. Good governance: financial organizations for developing countries; reforming institutions in developing world. Global governance: new regulation and integration of international society. Understanding the exercise of power and techniques of the government. Many actors are present in the decision-making process at different levels (compromises and negotiations) Sovereignty: state is not a supreme power today. The community of the decision-making system is characterized by pluralism and openness. Redefinition of the status of the state. Governance implies that state abandons position as economic operator. State appears as a referee of the economy. Role of financial institutions is important: to promote economic development. Security for people, laws are enforced, organizations manage in an equitable manner; responsibility for actions; full disclosure. Public action becomes more complex and long.