The debate on global governance that intensified at the end of the Cold War reflected the recognition that accelerating globalisation was creating crossborder and global problems that could not be solved within the ambit of nation states pursuing go-italone policies.
Rather, these problems needed to be tackled politically on the basis of new forms of ‘governance beyond the nation state’ (Zürn 1998; Rosenau 1997; Nye and Donahue 2000; Kennedy et al. 2002).
International financial crises, banking regulation, global climate change, international property rights, migration flows, humanitarian
interventions and the fight against transnational terrorism have increasingly become the objects of global policy processes, along with continued concern with long-established questions such as the international trade regime.