Globalization: A Very Short Introduction (Very Short Introductions) by Steger Manfred

Author:Steger, Manfred [Steger, Manfred]
Language: eng
Format: epub
Publisher: Oxford University Press, USA
Published: 2013-04-03T21:00:00+00:00

Political globalization and global governance

Political globalization is most visible in the rise of supraterritorial institutions and associations held together by common norms and interests. In this early phase of global governance, these structures resemble an eclectic network of interrelated power centres such as municipal and provincial authorities, regional blocs, international organizations, and national and international private-sector associations.

On the municipal and provincial level, there has been a remarkable growth in the number of policy initiatives and transborder links between various sub-state authorities. For example, Chinese provinces and US federal states have established permanent missions and points of contact, some of which operate relatively autonomously with little oversight from their respective national governments. Various provinces and federal states in Canada, India, and Brazil are developing their own trade agendas and financial strategies to obtain loans. An example of international cooperation on the municipal level is the rise of powerful city networks like the World Association of Major Metropolises that develop cooperative ventures to deal with common local issues across national borders. ‘Global Cities’ like Tokyo, London, New York, and Singapore tend to be more closely connected to each other than they are to many cities in their home countries.

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