Global governance encompasses activities that transcend national boundaries at the international, transnational, and regional levels and is based on rights and rules that are enforced through a combination of economic and moral incentives.

Strange defines structural power as the. power “to decide how things shall be done, the power to shape frameworks within which. states relate to each other, relate to people, or relate to corporate enterprises” (Strange.

Consequently, globalization reflects a pattern of linkage strategies and transnational networks, while power arises from the ability to set the agenda of international politics and to work within the rules and procedures of international institutions (Keohane, 2002).

Global governance or world governance is a movement towards political cooperation among transnational actors, aimed at negotiating responses to problems that affect more than one state or region.

Globalization affects governance indirectly through peace and stability as well as directly. Culturally, globalization spreads new ideas, technologies, tools, attitudes, and social networks, and these have direct effects on governance.

In politics scope, globalization has had many negative and positive consequences such as; increase power and liberty of nations, groups and nongovernmental parties, expand of new political culture, weaken and washy of the role and hegemony of states in illegitimate controlling of nations, change and redefinition of …

The economies which have peace environment accumulate more physical and human capital accumulation and enhance to economic growth rapidly. Peace contributes to economic growth by the ways of increasing of productivity in capital and labor, good governance, tourist arrival and efficient of institutions also.

Peace is the cornerstone of every nation’s development as it comes along with unity, positive thinking, and collaboration for the common good of all. There is the need for citizens to decide on a set of united values that they will live by and nurture for the next generation.

Peace of mind, which is inner peace, offers countless benefits:

• Better concentration ability.
• Efficiency in handling your daily affairs of life.
• A sense of inner strength and power.
• More patience, tolerance and tact.
• Freedom from stress, anxieties and worries.
• A sense of inner happiness and bliss.

The year 2020 began with the Philippine economy in a position of strength. Real GDP growth had averaged at above 6 percent over a 10-year period, or a 6.4 percent average from 2010 to 2019. At the same time, Philippine banks continue to be sound, stable, and well-functioning based on all metrics.

The Philippines is historically a Third World country and currently a developing country. The GDP per capita is low, and the infant mortality rate is high. By historical definition, Vietnam is a Second World country because it was part of the Communist Bloc after World War II.

10 Motoring issues that shaped PH movement in 2020

• 1) Taal Volcano.
• 2) Infrastructure mishaps.
• 3) COVID-19 lockdown.
• 4) Bicycles get recognition.
• 5) Motorcycle drama.
• 6) New LTO requirements.
• 7) The EDSA Busway.
• 8) U-turn closures.