Multilateralism as a basis for global governance

Abstract

The advent of the era of globalisation has increased considerably the call for global governance. The growing interdependence of states has underlined the need for common global actions, be it in the domain of economy, fight against poverty, climate change, energy or security against terrorism. Traditional power politics in the pursuit of narrowly defined national interests cannot keep up to meet future challenges. Strong regional and global institutions as well as transnational actors are universally regarded as the cornerstone of a future multipolar world order moving towards global governance and political interaction-a departure from state-centric understandings of world politics.