Abstract

Globalization changed the way states and people interact with each other. Many issues that traditionally fall within a state’s domestic jurisdiction transformed into transnational issues. States have to collaborate, create problem-solving and cooperation mechanisms, and constitute an effective global governance system to cope with these issues. In this study, the impact of global cooperation and power struggles among developed and developing countries on the constitution of a global governance system that can address transnational challenges will be analyzed. To this aim, an increasing number of transnational issues that strain state-capacities (such as climate change, terrorism, and global financial crises, and the importance of a global governance system that enhances global cooperation and coordination to solve these issues) will be scrutinized. The impact of political struggle and an international system increasingly divided between developed and developing countries on the constitution of an effective global governance system will be evaluated. It is expected that power struggles among developing and developed countries will slow down the process to reform the global decision-making mechanisms and restructure the international organizations in a way that enhances the effectiveness of the global governance framework. Strong leadership, multilateral action, and collective problem-solving among the developed and developing countries are needed.