Abstract:
As the arena finds itself in transition from a unipolar, US-ruled system to a multipolar structure with several poles, there is a good sized assumption that international companies, or “global governance”, is essential for this transition and its aftermath to take region in a peaceful manner. Countless IR analysts therefore spend their days analysing methods to make global governance extra powerful. Many proposals emerge each year to reform the UN Security Council, to enlarge NATO, and to “democratize” the World Bank and the IMF, always assuming that powerful international governance will make the sector extra strong.
Authored by Nandini Tripathy, Symbiosis Law School, Hyderabad.