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Globally networked model for government over traditional hierarchies

HEADNOTE

Globalisation and Governance

* MODERATOR: JORGE BRAGA DE MACEDO, PRESIDENT OF THE DEVELOPMENT CENTRE, OECD

* LONDA ESADZE, CHAIRWOMAN, ADVISORY BOARD OF THE PARLIAMENT OF GEORGIA

* PAUL HOHNEN,

SPECIAL ADVISOR, GREENPEACE INTERNATIONAL

* KLAUS SCHWAB, FOUNDER AND PRESIDENT, WORLD ECONOMIC FORUM

* PREBEN SOERENSEN, GLOBAL PARTNER IN CHARGE OF ENVIRONMENT & SUSTAINABILITY, DELOITTE & TOUCHE, DENMARK

* GEORGE YEO, MINISTER OF TRADE AND INDUSTRY, SINGAPORE

The early history of globalisation may well be described as a push toward a single, global market, according to Klaus Schwab. The debate on globalisation and governance made clear however that this model is unsustainable, especially in a world of diversity where few people are in favour of moving to a form of global culture.

Instead, it was agreed, a global, collaborative effort between all stakeholders-businesses, NGOs, civil society, and media included-- could fashion a sort of 'networked' globalisation sustainable over time.

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