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Shanghai Manual 2017 Annual Report
According to Our Global Neighborhood released by the Commission on Global Governance in 1995, ‘Governance is the sum of many ways individuals and institutions, public and private, manage their common affairs. It is a continuing process through which conflicting or diverse interests may be accommodated and co-operative action taken. It includes formal institutions and regimes empowered to enforce compliance, as well as informal arrangements that people and institutions either have agreed to or perceive to be in their interest’.
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