Global Governance: 2013

“Global Governance” means different things to different people. Some focus on the de facto limits on national sovereignty and the concept of the “responsibility to manage”. The UN Intellectual History Project characterized global governance as “the existing set of collective agreements and arrangements to set norms, make decisions, solve problems and monitor at the global level in the absence of a world government”. Another oft quoted definition is it “ [global governance] embraces the totality of institutions, policies, rules, practices, norms, procedures, and initiatives by which states and their citizens…try to bring more predictability, stability, and order to their responses to transnational challenge — which go beyond the capacity of a single state to solve”. Definition - Global Governance and International Development in 2013 - Barry Carin, Senior Fellow at Centre for International Governance Innovation (CIGI)

As the world becomes more interdependent, global governance, including global economic governance and the governance of the global commons, is increasingly relevant for achieving sustainable development. Deepening economic globalization, and increasing migration, trade and capital flows, and climate change and increased activities in the global commons – those resource domains that do not fall within the jurisdiction of any one particular country, and to which all nations have access – make individual States more susceptible to policies adopted by others. Therefore, increased coherence, coordination and collective decision-making at the global level, grounded in international human rights standards and guided by the human rights commitments of the international community, are necessary. Yet, government policies and international arrangements for collective decision making have not kept pace with these changes. http://www.un.org/en/development/desa/policy/untaskteam_undf/thinkpieces/24_thinkpiece_global_governance.pdf

Friday, October 11, 2013

If the US Government defaults on loans - does not raise the debt ceiling - the world economy will be greatly effected.

Everyone The U.S. Government Owes Money To - In One Graph

Sunday, October 6, 2013

Republicans are taking the government and the economy hostage unless the President agreed to de-fund the Affordable Care Act. The time has come for those legislators who cannot cope with the reality of our democracy to get out of the way - so that those of us in BOTH parties can get back to working on solving the real problems faced by the American people. Senator Elizabeth Warren