2. Globalization
• Globalization refers to the increasing
interconnectedness and
interdependence of the world's
economies, cultures, and populations.
• It is driven by advances in technology,
transportation, and communication.
• This presentation will explore the key
drivers and impacts of globalization.
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3. America's Role in
Creating
Globalization
• The United States has played a major role in
promoting and shaping globalization since the
end of World War II.
• The US has been a leader in promoting free
trade and investment through institutions such
as the International Monetary Fund (IMF), the
World Bank, and the General Agreement on
Tariffs and Trade (GATT).
• American companies have been at the
forefront of globalization, with many of the
world's largest multinational corporations
based in the US.
• The US has used its military and economic
power to shape the global order, promoting a
system of liberal internationalism that
emphasizes free markets and democracy.
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4. America's Role in
Creating Globalization
• The US has used its military and economic power to shape the global order, promoting a
system of liberal internationalism that emphasizes free markets and democracy.
• American culture and values, such as individualism and consumerism, have also been
exported around the world through movies, music, and advertising.
• However, the US has also faced criticism for promoting a model of globalization that
benefits corporations and wealthy countries at the expense of workers and the
environment.
• As the US confronts new challenges, such as rising economic inequality and the impact of
the COVID-19 pandemic, there is a growing debate about the future of globalization and
America's role in shaping it.
• Some argue that the US needs to prioritize domestic concerns and protect American
workers and industries, while others argue that the US must continue to play a leadership
role in promoting a more equitable and sustainable global order.
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5. Drivers of Globalization
• Advances in technology, such as
the internet and mobile devices,
that enable faster and more
efficient communication and
information exchange.
• Improvements in transportation,
such as air travel and shipping,
that make it easier and cheaper to
move goods and people across
borders.
• Liberalization of trade policies and
the rise of international
organizations that promote free
trade and investment.
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6. America and
Globalization
• The United States has played a significant role in shaping the trajectory of
globalization.
• The US has been a major advocate for free trade and investment, promoting
policies such as NAFTA and the WTO.
• American companies have been leaders in the global economy, with many of
the world's largest corporations based in the US.
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7. America and
Globalization
• However, globalization has also had negative impacts on certain American workers and industries,
leading to job losses and economic insecurity.
• In recent years, there has been a backlash against globalization in the US, with some calling for
protectionist policies and restrictions on trade and immigration.
• The Biden administration has signaled a commitment to promoting more equitable and sustainable
globalization, while also addressing the concerns of those who have been left behind by globalization.
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8. Impacts of
Globalization
on Trade
• Increased competition and
access to larger markets,
leading to increased
efficiency and productivity.
• Lower prices for consumers
due to increased
competition and access to
cheaper goods and services.
• Increased specialization and
efficiency as countries focus
on producing goods and
services where they have a
comparative advantage.
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9. Impacts of
Globalization on
Jobs
• Increased outsourcing and offshoring
of jobs to countries with lower labor
costs.
• Greater job opportunities in industries
that benefit from increased trade and
investment, such as technology and
finance.
• Changes in the types of jobs available,
with a shift towards higher-skilled and
knowledge-based jobs.
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10. Impacts of
Globalization on
Culture
• Increased cultural exchange and
diversity through the sharing of
ideas and information.
• Increased exposure to Western
values and practices, leading to
the erosion of local traditions and
identities.
• Greater access to cultural and
entertainment products from
around the world, leading to
increased creativity and
appreciation for different forms of
art.
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11. Impacts of
Globalization on
the Environment
• Increased environmental
awareness and cooperation as
nations work together to address
global challenges.
• Increased consumption and
production of goods and services,
leading to increased resource
depletion and pollution.
• Greater risk of environmental
degradation and climate change
due to increased economic activity
and energy use.
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12. Impacts of
Globalization on Politics
• Increased political cooperation and stability as
nations work together to address common
challenges.
• Loss of national sovereignty and control over
domestic policies as international organizations
and corporations gain more power.
• Increased risk of conflict and geopolitical tensions
as nations compete for resources and influence in a
globalized world.
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13. Impacts of
Globalization on
Education
• Increased access to education and knowledge,
leading to faster innovation and progress.
• Increased mobility and migration as people are able
to move more freely across borders, leading to
greater diversity and exchange.
• Greater access to financing and capital for education
and research, leading to increased innovation and
entrepreneurship.
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14. Impacts of
Globalization on
Health
• Increased access to healthcare and
medical treatments through increased
investment and collaboration.
• Greater risk of pandemics and infectious
diseases spreading across borders.
• Increased awareness and cooperation on
global health issues, leading to improved
health outcomes and disease prevention.
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15. The Future of
Globalization
• The COVID-19 pandemic has
disrupted many aspects of
globalization, including trade,
travel, and supply chains.
• The pandemic has also
highlighted the importance of
cooperation and solidarity in
addressing global challenges.
• As the world recovers from the
pandemic, there will be
opportunities to reshape
globalization in a more
sustainable and equitable way.
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16. The Future of
Globalization
• Some experts predict that the future of globalization will
be marked by a shift towards regionalism and a focus on
domestic production and resilience.
• Others argue that globalization will continue to expand
and deepen, with new technologies and innovations
driving even greater interconnectivity and integration.
• Regardless of the trajectory of globalization, it is
important to prioritize policies and practices that
promote fairness, sustainability, and cooperation in order
to create a better future for all.
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17. Conclusion
• Globalization has both positive and negative
impacts that affect different groups of people
and nations in different ways.
• It is important to promote policies that prioritize
sustainability, equity, and cooperation in order
to maximize the benefits of globalization and
minimize its negative impacts.
• By working together, we can create a more just
and prosperous global community.
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18. International Trade
• International trade refers to the exchange of goods and services across
national borders.
• It has become increasingly important in the globalized economy, with
countries relying on trade to access new markets and sources of supply.
• International trade can take many forms, including the import and export of
goods, cross-border investment, and the movement of labor.
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19. Benefits of
International Trade
• International trade can lead to greater efficiency and productivity, as countries specialize in producing
the goods and services they are best at.
• It can provide consumers with access to a wider range of products at lower prices, boosting their
purchasing power and standard of living.
• International trade can also promote innovation and competition, as firms seek to develop new products
and processes to gain a competitive advantage.
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20. Challenges of
International
Trade
• International trade can lead to job losses in certain industries and regions,
as production shifts to countries with lower labor costs.
• It can also lead to environmental degradation, as firms seek to minimize
costs by locating in countries with lax environmental regulations.
• International trade can exacerbate inequality, as the benefits of trade are
often concentrated among the wealthy and powerful, while the costs are
borne by the poor and marginalized.
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21. Trade
Agreements
• Trade agreements are formal
arrangements between
countries that govern the
terms of their trade
relationship.
• They can take many forms,
including bilateral agreements
between two countries and
multilateral agreements that
involve multiple countries.
• Trade agreements typically
cover issues such as tariffs,
quotas, and intellectual
property rights.
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22. Regional Trade
Agreements
• Regional trade agreements (RTAs) are
trade agreements between countries in
a specific geographic region.
• RTAs can promote trade within the
region, but can also lead to trade
diversion, as countries shift their trade
away from other countries outside the
region.
• Examples of RTAs include the North
American Free Trade Agreement
(NAFTA) and the European Union (EU).
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23. Multilateral Trade
Agreements
• Multilateral trade agreements involve multiple
countries and are typically negotiated through
organizations such as the World Trade Organization
(WTO).
• Multilateral agreements can be more difficult to
negotiate than bilateral or regional agreements, but
can lead to greater benefits for all parties involved.
• The WTO is responsible for overseeing and enforcing
multilateral trade agreements.
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24. Tariffs
• Tariffs are taxes that countries impose on imported goods.
• They can be used to protect domestic industries from foreign competition or to generate revenue for the government.
• Tariffs can also lead to trade wars, as countries retaliate against each other by raising tariffs on each other's goods.
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25. Quotas
• Quotas are limits that countries
impose on the amount of goods that
can be imported from a particular
country.
• They are often used to protect
domestic industries from foreign
competition.
• Quotas can also lead to higher prices
for consumers and reduced access to
goods.
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26. Intellectual
Property Rights
• Intellectual property rights (IPR) refer
to legal protections for inventions,
artistic works, and other forms of
creative expression.
• IPR can be a contentious issue in trade
negotiations, as countries seek to
protect their own intellectual property
while also gaining access to the
intellectual property of other
countries.
• The TRIPS Agreement, negotiated
through the WTO, sets out minimum
standards for IPR protection.
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27. Trade and
Development
• International trade can play an
important role in promoting
economic development in low-
income countries.
• However, the benefits of trade are
not always evenly distributed, and
many low-income countries
continue to face significant
challenges in accessing global
markets.
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28. The World Trade
Organization
(WTO)
• The World Trade
Organization (WTO) is an
intergovernmental
organization that
oversees and regulates
international trade.
• It was established in 1995
to replace the General
Agreement on Tariffs and
Trade (GATT).
• The WTO currently has
164 member countries.
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29. Functions of
the WTO
• The WTO has several key functions, including:
• Administering and enforcing multilateral trade agreements
• Providing a forum for trade negotiations among member countries
• Monitoring national trade policies and ensuring that they are consistent with WTO rules
• Providing technical assistance and training to help developing countries participate in global trade
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30. WTO Agreements
• The WTO oversees several key trade
agreements, including:
• The Agreement on Agriculture, which
aims to liberalize agricultural trade
• The Agreement on Trade-Related
Aspects of Intellectual Property Rights
(TRIPS), which sets out minimum
standards for intellectual property
protection
• The General Agreement on Trade in
Services (GATS), which aims to
liberalize trade in services such as
banking, telecommunications, and
transportation
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31. Criticisms of
the WTO
• The WTO has faced criticism from a variety
of stakeholders, including:
• Critics who argue that it prioritizes the
interests of wealthy countries over the
needs of developing countries
• Environmentalists who argue that the
WTO's rules promote unsustainable trade
practices
• Labor rights advocates who argue that the
WTO's focus on free trade undermines
workers' rights and job security
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32. Future of the WTO
• The WTO faces a number of challenges, including
rising protectionism and trade tensions between
major economies.
• Some experts argue that the WTO needs to be
reformed to better address these challenges and
promote more inclusive and sustainable trade.
• Others argue that the WTO's role in regulating
global trade may be diminished as countries
increasingly turn to bilateral and regional trade
agreements.
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33. International
Monetary Fund (IMF)
• The International Monetary Fund (IMF) is an
international organization that aims to promote
international monetary cooperation, facilitate
international trade, and promote economic growth
and stability.
• The IMF was established in 1944 and has 190
member countries.
• The IMF provides loans, technical assistance, and
policy advice to member countries, with the goal of
promoting sustainable economic growth and reducing
poverty.
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34. World Bank
Group
• The World Bank Group is a global
development organization that
provides loans, grants, and
technical assistance to developing
countries.
• The World Bank Group consists of
five organizations, including the
International Bank for
Reconstruction and Development
(IBRD) and the International
Development Association (IDA).
• The World Bank Group's mission is
to reduce poverty and promote
shared prosperity by supporting
economic growth and
development.
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35. United Nations Conference on
Trade and Development
(UNCTAD)
• The United Nations Conference on Trade and
Development (UNCTAD) is a permanent
intergovernmental body established by the
United Nations General Assembly in 1964.
• UNCTAD's mandate is to promote trade,
investment, and development, with a focus
on the needs of developing countries.
• UNCTAD provides policy advice, technical
assistance, and capacity-building to
governments, businesses, and other
stakeholders to promote sustainable
development.
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36. Organization for
Economic
Cooperation and
Development
(OECD)
• The Organization for Economic Cooperation and Development (OECD) is an
intergovernmental economic organization that aims to promote economic
growth, prosperity, and sustainable development.
• The OECD was established in 1961 and has 38 member countries, mostly
high-income democracies.
• The OECD provides policy advice, research, and data to support economic
reform and development, with a focus on issues such as innovation,
education, and social policy.
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37. Regional Trade
Organizations
• In addition to global trade organizations, many regional
trade organizations promote trade and economic
integration among member countries.
• Examples of regional trade organizations include the
European Union (EU), the Association of Southeast Asian
Nations (ASEAN), the North American Free Trade
Agreement (NAFTA), and the African Continental Free
Trade Area (AFCFTA).
• Regional trade organizations can facilitate trade among
member countries by reducing barriers to trade and
promoting cooperation and integration.
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38. E-Commerce and
Globalization
• E-commerce refers to the buying
and selling of goods and services
over the internet.
• E-commerce has grown rapidly in
recent years, driven in part by
globalization and the increasing
connectivity of the global
economy.
• E-commerce allows businesses to
reach customers around the world
and provides consumers with
access to a wider range of
products and services.
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39. Benefits of E-Commerce
for Globalization
• E-commerce can facilitate globalization
by:
• Allowing businesses to reach customers
in new markets around the world
• Reducing the cost and complexity of
cross-border trade by enabling digital
transactions and communication
• Promoting competition and innovation
by enabling new business models and
disrupting traditional industries
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40. Challenges of E-
Commerce for
Globalization
• E-commerce also presents several
challenges for globalization, including:
• The potential for increased inequality and
concentration of market power as
dominant platforms emerge
• The potential for job displacement and
disruption of traditional industries as e-
commerce and automation continue to
grow
• The potential for increased risks to privacy
and security as more transactions move
online
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41. E-Commerce and
Trade Policy
• E-commerce is increasingly becoming a focus of trade policy
discussions and negotiations.
• The World Trade Organization (WTO) has been working on a
set of e-commerce rules that would establish principles for
digital trade and facilitate cross-border e-commerce.
• Many countries are also negotiating bilateral and regional
trade agreements that include e-commerce and digital trade
provisions.
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42. Future of E-Commerce
and Globalization
• E-commerce is likely to continue to
grow and play an important role in
globalization in the years to come.
• However, the impact of e-commerce
on the global economy and society
will depend on a range of factors,
including the development of new
technologies, changes in consumer
behavior, and the evolution of trade
policies and regulations.
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43. Migration and
Immigration as an Aspect
of Globalization
• Migration and immigration refer to
the movement of people from one
country or region to another.
• Migration and immigration are
important aspects of globalization,
as they can facilitate the movement
of labor and capital around the
world.
• However, migration and
immigration also present challenges
and controversies related to
cultural, economic, and political
issues.
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44. Types of Migration
• There are several types of migration,
including:
• Economic migration, which refers to the
movement of people in search of better
job opportunities or higher wages.
• Forced migration, which refers to the
movement of people who are forced to
leave their homes due to conflict,
persecution, or other reasons.
• Family migration, which refers to the
movement of people who are joining
family members who have already
migrated.
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45. Causes of
Migration
• There are many factors that can
cause people to migrate,
including:
• Economic factors, such as job
opportunities and wages
• Political factors, such as conflict,
persecution, and repression
• Environmental factors, such as
natural disasters and climate
change
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46. Impacts of Migration
on Countries of Origin
• Migration can have both positive and negative
impacts on countries of origin, including:
• Brain drain, or the loss of skilled workers to
other countries
• Remittances, or the money that migrants send
back to their families in their home countries
• Reduced pressure on job markets and social
services in countries of origin
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47. Impacts of
Migration on
Host Countries
• Migration can also have both positive and negative impacts on host
countries, including:
• Economic benefits, such as increased labor supply and diversity
• Social and cultural challenges, such as language barriers and integration
issues
• Political controversies, such as debates over immigration policy and national
identity
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48. Global Migration
Trends
• Global migration has been
increasing in recent decades,
driven by factors such as
globalization and demographic
changes.
• In 2020, there were an estimated
281 million international migrants
worldwide.
• The United States, Germany, and
Saudi Arabia are among the top
destinations for international
migrants.
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50. Refugees and
Asylum Seekers
• Refugees and asylum seekers are a
specific type of migrant who are
forced to leave their home
countries due to persecution or
conflict.
• There were an estimated 26 million
refugees worldwide in 2020.
• The international legal framework
for refugees and asylum seekers is
governed by the 1951 Convention
Relating to the Status of Refugees
and its 1967 Protocol.
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51. Integration and
Multiculturalism
• Integration and multiculturalism are key issues related to migration and
immigration in many countries.
• Integration refers to the process of incorporating immigrants into the social,
economic, and political fabric of their new countries.
• Multiculturalism refers to the idea that diverse cultures and identities can
coexist and thrive within a society.
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52. Challenges and
Opportunities
• Migration and immigration present both
challenges and opportunities for individuals,
communities, and countries.
• To maximize the benefits of migration and
immigration and minimize the negative
impacts, policymakers and stakeholders
need to consider factors such as economic
needs, social integration, and human rights.
• Addressing these challenges and
opportunities will be an ongoing aspect of
the global conversation on migration and
immigration as an aspect of globalization. By
working together, we can create policies and
systems that are fair, inclusive, and
sustainable for all people, regardless of their
country of origin or destination.
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53. Global Governance
• Global governance refers to the system of rules, institutions, and processes that are designed to manage global issues and challenges.
• Global governance is necessary because many issues, such as climate change, international trade, and human rights, require international
cooperation and coordination.
• However, global governance also faces challenges related to power imbalances, sovereignty, and legitimacy.
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54. Types of Global
Governance
• There are several types of global governance, including:
• International law, which refers to the body of legal principles and norms that apply to states
and other international actors.
• International organizations, such as the United Nations and the World Trade Organization,
which are established to facilitate cooperation and coordination among states.
• Global civil society, which refers to the network of non-governmental organizations, social
movements, and other groups that engage in advocacy and activism on global issues.
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55. Global Governance
Challenges
• Global governance faces several
challenges, including:
• Power imbalances between states and
other actors, such as multinational
corporations and civil society
organizations.
• National sovereignty and the tension
between national interests and global
issues.
• Legitimacy and accountability, including
the question of who represents global
interests and who holds global actors
accountable.
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56. The United
Nations
• The United Nations is one of the
most prominent international
organizations involved in global
governance.
• The UN was established in 1945 to
promote international peace and
security, human rights, and
sustainable development.
• The UN is made up of several
bodies, including the General
Assembly, the Security Council,
and the International Court of
Justice.
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57. International
Law
• International law is an important
aspect of global governance, as it
provides a framework for cooperation
and coordination among states.
• International law includes treaties,
conventions, and other legal
instruments that are binding on states.
• However, international law also faces
challenges related to enforcement,
compliance, and interpretation.
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58. Human Rights
• Human rights are a key issue in global governance, as they are universal values that apply to all people, regardless of their nationality or
other characteristics.
• The Universal Declaration of Human Rights, adopted by the UN General Assembly in 1948, is a foundational document for international
human rights law.
• Human rights face challenges related to implementation, enforcement, and cultural differences.
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59. International Trade
• International trade is an important aspect of global
governance, as it involves the movement of goods
and services across national borders.
• The World Trade Organization is the main
international organization that oversees
international trade.
• International trade faces challenges related to
protectionism, labor standards, and environmental
concerns.
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60. Climate Change
• Climate change is a global issue that
requires international cooperation and
coordination to address.
• The United Nations Framework
Convention on Climate Change,
adopted in 1992, is a key international
agreement on climate change.
• Climate change faces challenges
related to political will, technological
solutions, and social and economic
impacts.
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61. Global Health
• Global health is an important issue in global governance, as health issues can have global impacts and require international cooperation
to address.
• The World Health Organization is the main international organization that oversees global health.
• Global health faces challenges related to access to healthcare, disease outbreaks, and the intersection of health and other global issues.
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62. Conclusion
• Global governance is necessary to address many of the world's most pressing issues and
challenges.
• Global governance faces challenges related to power imbalances, sovereignty, and
legitimacy, but also offers opportunities for cooperation and coordination.
• By working together, states, international organizations, civil society, and other actors can
create a more just, equitable, and sustainable world.
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