“Global governance is commonly defined as the process of cooperation among transnational actors aimed at providing responses to global problems (those that affect more than one state or region). It encompasses the totality of institutions, policies, norms, procedures and initiatives through which nation states try to bring more predictability and stability to their responses to transnational challenges. This definition makes it clear that any global effort on any global issue or concern is bound to be toothless without the cooperation of national governments and their ability to act and legislate to support their aims. Nation states make global governance possible (one leads the other), which is why the UN says that “effective global governance can only be achieved with effective international cooperation”.”
― Klaus Schwab, COVID-19: The Great Reset
Beautiful day.
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Accounting: The Language of Business - Vol. 2 (Intermediate: Part 145)
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