Can global governance keep up with globalization?

So far, the 21st century has been affected by strenuous challenges that have called into question the traditional role of governance. From financial crisis to climate change and nuclear proliferation, today’s global issues call for a new vision of global governance.

Governments around the world move at their own pace while global governance proceeds unsteadily, so how can world states bring balance and catch up with the effects of globalization?

Addressing the deficits and limitations of global governance will be one of the main topics of discussion in Dubai at the World Economic Forum’s Summit on the Global Agenda 2012, known as the world’s biggest brain-storming session.

Leaders from the Forum’s Network of Global Agenda Councils will come together to help shape a new strategy. Innovation, experimentation, diversity and flexibility will play crucial roles in addressing the urgent demand for improved governance mechanisms that will take into consideration the growing competition between the power of states, institutional actors and an increasingly vocal and powerful civil and economic society.

We invite you to follow us live at wef.ch/gaclive on 12 November for the plenary session Global Governance Outlook: What is the new international context and what are the future implications on global governance? And on the 14 November plenary session Meeting Grand Challenges for the 21s^t Century. You can also actively participate by sending your questions and comments via twitter at #globalagenda or by e-mailing us at gac@wef.ch.

Author: Digital Media Team

Image: A photo of Ptolomeo’s 15th century world map REUTERS/handout