Table of Contents

The Handbook of Globalisation, Second Edition

The Handbook of Globalisation, Second Edition

Elgar original reference

Edited by Jonathan Michie

With contributions from the leading commentators in the field and an over-arching introduction from the editor, the concerns of this updated and revised Handbook are two-fold. Firstly, to redefine the concept of globalisation and dispel the haze that surrounds it through a systematic and thorough examination of the debate. Secondly, to advance the frontiers of current critical thinking on the role and impact of globalisation, on the winners and losers in the process, and on the implications for society, the economy and governance.

Chapter 19: Global Governance

Mathias Koenig-Archibugi

Subjects: business and management, international business, economics and finance, international business, international economics, politics and public policy, international politics


Mathias Koenig-Archibugi Globalisation represents a major challenge to governance. Indeed, for many the concept of globalisation itself is inextricably linked to the idea of ungovernability. This association is comprehensible, since the classic locus of governance is the state, and the debate on globalisation concerns mainly the allegedly declining capacity of states to regulate what happens within their territories as a result of their growing enmeshment in cross-border ows and networks.1 This chapter does not address to what extent the governance capacity of states has been curtailed by global forces: other chapters in this volume assess the extensive literature on this question. Its aim is rather to review a substantial body of research that shows that the performance of governance functions is not limited to the actions of governments exercising sovereign powers over their jurisdictions, but occurs also at supranational and transnational levels. Governance – understood as the establishment and operation of rule systems facilitating the coordination and cooperation of social actors – is conceptually distinct from government – understood as an organisation in charge of administering and enforcing those rules (Young, 1999). The literature discussed in this chapter (originating mostly from political scientists and international relations scholars) maintains that governance is not co-extensive with government, and that government should not be seen as a necessary condition of governance. More specically, it shows that the absence of a world government does not mean that governance is impossible beyond the level of individual states. Global issues such as ozone depletion, the spread of nancial crises...

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