Globalization has produced winners and losers, and the international institutions created to govern the process have and continue to advance the interests of the winners. While actors who were able to fully engage in the process benefited, others did not do as well and in most cases were left worse off. This is the result of the interaction of power in the global system which generates unequal social privileges for the parties involved. The argument of this article is that global governance is simply an imposition of the powerful in the global arena which has led to the production of winners and losers in the process of globalization. Any discussion on global governance should begin with an understanding of globalization which has led to the changing nature of the fabric of international society, hence the need for global governance. Although there are different definitions of globalization in the available literature, there seems to be a convergence on globalization as widening, deepening and accelerating global interconnectedness. Society has become interconnected such that what happens in one society greatly influences what happens in the other. Current events in the Middle East lend credence to this fact. The world has become increasingly interconnected, especially in the economic, political, environmental and technological spheres. Economic integration has intensified around the world as a result of trade liberalization that has led to the reduction of trade barriers and increased movement of goods and people across borders. Technological advances have also led to increased communication between people of various cultures and societies, leading to a transnational spread of ideas. Also aware...... half of paper ......dge Economy: New Century, New Paradigm", Policy Options (August 2004), pp. 30-36. Genschel, Phillip, "Globalization and the Welfare State : A Retrospective”, Journal of European Public Policy 11:4 (August 2004), pp. 623Duclos, Jean-Yves. “A Better Income Security System for all Canadians”, Canadian Priorities Agenda 2008, available at http://www.irpp.org/cpa/briefs/duclos.pdfJohnson, F. A, Stricth A., “Globalization and Political Parties” Canadian Public Policy, Copp Clarke Ltd. P. 7Hajer, Maarten. "Politics without politics?" Policy analysis and institutional void”, Policy Science, 36 (2003) p.177Stiglitz, Joseph, “Making Globalization Work” WW Norton & Company, 2007 p. 8Yeates, Nicole “Globalization and Social Policy,” in John Baldock, Nicholas Manning and Sarah Vickerstaff, eds., Social Policy, 3rd ed. (Oxford University Press, 2007), chap 21.