Runaway Globalization Without Governance

Chanda, Nayan
April 2008
Global Governance;Apr-Jun2008, Vol. 14 Issue 2, p119
Academic Journal
The article discusses the link between governance and globalization. The issues of sovereignty and national security have emerged as the biggest challenges to a globalized world badly in need of global rules. The fact that the world has been increasingly connected without much governance until very recently did not seem to matter much when the world was smaller and transactions were slow and limited. Governance involves regulating people over a finite space. Regulation always lagged behind technology. The use of railways and the telegraph created new problems for managing time and space.


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