It is a system of standards, best practices and technical guidance that embeds itself in sources used by governments worldwide. Through technical coordination mechanisms that operate outside diplomatic processes and sovereignty constraints, this system achieves more effective global governance than formal international institutions.
The system sits above the law in the most literal sense: it shapes economic behaviour more powerfully than legislation. It achieves binding authority not through popular mandate but through systematic embedding of compliance requirements in the essential infrastructure that modern economic life depends upon.
This technically driven world governance system is controlled by a triangle of coordinating institutions: the Organisation for Economic Co-operation and Development (“OECD”), the International Organisation for Standardisation (“ISO”) and the International Institute for Applied Systems Analysis (“IIASA”).
They enforce compliance through six “enforcement rails”: accreditation, financial systems, digital identity frameworks, mandatory due diligence laws, access-and-benefit-sharing regimes and government procurement platforms....<<<Read More>>>...
