The following gives the comparison of Liberal Institutionalism with Global Governance

Liberal Institutionalism

International

Separation of Political and Economic Areas / Orderly Markets

Multilateralism, International Regimes

Internationalism and Interdependence

Hierarchical Decisions; Coherence between Institutions; Regulation

Hard Law, Binding Rules, Contracts

Global Governance

Transnational Rules of Law

Transnationalism

Many Sites of Governance, and Sources of Authority

Globalized Competition

Trade and investments across the Global Value Chain

Bottom-up approach and Networking Soft Power / Soft Rules and Partnership