l4 Flashcards
(13 cards)
by virtue of sovereignty provided all powers as concentrated. This means that government tackles all the issues ranging from security, economy, culture, and politics, and has the monopoly to decide how to resolve these issues.
national government
manages different issues through different actors. The ability to provide solutions is distributed from different actors either state or non-state actors or both.
global governance
entities established by formal political agreements between their members that have the status of international treaties; their existence is recognized by law in their member countries
international organizations
Established on October 24, 1945, the UN replaced the failedLeague of Nations after World War II.
UN
is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
IMF
The only tripartite U.N. agency, since 1919 the ILO brings together governments, employers and workers of 187 member States, to set labour standards, develop policies and devise programmes promoting decent work for all women and men.
INTERNATIONAL LABOUR ORG
is the only global international organization dealing with the rules of trade between nations.
WORLD TRADE ORG
recognized as a legal entity in the world.
STATE
divided into two groups – civil society and market.
NON STATE ACTORS
comprised of groups or organizations working in the interests of the citizens but operating outside of the governmental and for-profit sectors (businesses) examples of this are non-governmental organization (NGOs) and media companies.
CIVIL SOCIETY/ “third sector”
normally composed of large financial institutions such as World Trade Organizations, World Bank and International Monetary Bank and the multinational corporations (MNCs) whose huge wealth could influence the state both positively and negatively.
MARKET
the sum of laws, norms, policies and institutions that define, constitute and mediate transborder relations between states, cultures, citizens, intergovernmental and non-governmental organizations and the market.
GLOBAL GOVERNANCE