CEVAP:

Global governance provides global (re) distributive and regulatory mechanisms in the absence of a world government. It is defined as an international rules-based framework through which international actors aim to collectively resolve common problems and promote cross-border cooperation and coordination in a given issue area of world politics. It is a multipartite process involving governmental and intergovernmental actors, transnational corporations (TNCs), NGOs, civil society, and businesses. In this process, international actors are expected to comply with self imposed rules.