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from Part II - Informality of Institutions
Published online by Cambridge University Press: 23 May 2024
Complex global and regional governance includes both the informality of governance institutions and informality around those institutions. National governments are only one category of actor, though an important one, among a more heterogeneous group of governors. The dynamics and evolution of globalization over time explain the emergence of complex governance in recent decades, an explanation that is complementary to those based on functionalism or domestic politics. Globalization alters actor incentive structures and reduces border effects, allowing nonstate and subnational actors to collaborate and reducing costs of participation in governance. Globalization has empowered actors: Emerging economies, INGOs, and MNCs. Globalization's future will continue to shape the prospects of complex governance.
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