31. Global Forums: Are They Must or Waste for the Global Governance?
- Author:
- Gülen Derya Zayim
- Publication Date:
- 02-2019
- Content Type:
- Policy Brief
- Institution:
- Global Political Trends Center
- Abstract:
- The age of globalization has brought about interdependency between the nation-states in all aspects of life while uncovering challenges for the sovereignty of the nations. Therefore, how an integrated world system involving multiple actors can efficiently be governed remain a subject of serious discussions. This study briefly explains the historical background of G7/8 along with its evolution to G20 and discusses their effectiveness and legitimacy in the context of global governance. It is worthy to discuss the issue since these global forums’ legitimacy and effectiveness subject to both critics and praises. Although the lessons from the global financial crisis consolidates the idea of global coherence, integrity and compliance, diverging political and economic conflict of interest of nations still make the international forums’ existence and future position in global governance open to discussions. Additionally, the last part of the study draws conclusion about Turkey and its place in global governance.
- Topic:
- Sovereignty, Financial Crisis, Governance, and G20
- Political Geography:
- Turkey, Middle East, Global Focus, and Mediterranean