Global governance is a threefold issue. It has theoretical, normative, and empirical dimensions. In combination they simultaneously reflect and form a new coordinated system for global policy making. Global governance is both multilayered with regard to the territorial aspect of the power structure and multidimensional with regards to the spheres of governance that it encompasses. Moreover global governance is accomplished through an extended set of actors which includes both bearers of public power (state, sub-state, local, and supranational institutions) and key veto players (see Tsebelis, 2002) with corporate and private background and structure that fulfil public functions or have influence over the public sphere and the public power (NGOs, transnational corporations, global religions, global professional and interest-based networks, different funds, rating agencies, stock and financial exchanges, banks, etc.).
The empirical aspect of global governance consists in the swirl of events that produce the current situation characterised by emerging supranational constitutionalisation with networks, hierarchic pyramids, transversally bordered spaces (see Sassen, 2013, 23), and symmetric or asymmetric chains forming the constitutional geometry of our time. Moreover it is a phenomenon with implications in different spheres of social relations – global, international and domestic, economic, financial, political, cultural, and constitutional.
There are different manifestations of the empirical dimension of global governance. Some of them produce reshaping of the institutional design of the systems or, vice versa, stem out of such remodelled institutional infrastructure. Others have projections in different policy fields. In any case they start to serve as...
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