GLOBAL GOVERNANCE OR FINANCIAL CRISIS?

The international scene is at the crossroads. We are dealing with new threats, new risks and, therefore, we have to ask ours elves a natural question: what do we understand by saying international security? Private security, private wars, the new cooperation standards, globalization, the perpetually increasing number of international actors and last, but not least the economic crisis, put security in a shady conceptual area, making it harder and harder to define. We can talk about a new security environment in relation with both the end of the Cold War and the military/non-military dichotomy or the global governance, seer. as interaction between many types of international actors. The asymmetries created by the non-conventional threats, by the organized crime, by the new forms of terrorism or by the natural disasters tend to lean the security toward its human approach. Nevertheless, we now have to deal with the need for international cooperation and with finding complex solution to complex global issues. Taking into consideration that there are many more actors nowadays that hold a certain kind of power on the international scene, international relations tend to be non-polar and not multipolar. We are witnessing a new security environment, which reinvents itself permanently and is but a work in progress, same as the international economic order or the global governance. The international scene can therefore be defined through its need for security and cooperation. Besides clarifying ambiguities that may be found in the literature on security governance the article aims to analyze the international relations in three directions: evolution of global governance including the relationship between global governance and international security, the impact of the financial crisis on the world and the need for reform, for a new global governance architecture as a solution for stability and sustainability. Global governance is an evolving concept and it became a central theme in the study of international relations. Besides the fact that it is based on series of principles, is considered that it provides global public goods that are non-rival and non-exclusive. Moreover, its relationship with international security defines the world we live in. In the context of the financial crisis, there is an acute need to reform global governance and international security governance through better risk management and a changed paradigm of global governance. In other words, security becomes a diffuse and hard to define concept and harder to manage internationally. Therefore, considering recent events, we need to find a new paradigm for the still emerging global governance and for the security governance. The aim of this paper is to put forward the need for global governance reform through government networks. Because every reform has to begin with a theoretical model I suggest we analyze international relations as a matrix that comprises vertical and horizontal relations. In addition, I consider a heterarchic vision of the new world order. All these are considering the possible role of Romania in the context of the global governance reform.