The guiding principle of postwar global governance was multilateralism. From the grandest multilateral project -- the United Nations -- to the many organizations created in the years after the Second World War, global governance followed a familiar state-centric template. 21st century global governance continues to reflect multilateral principles. But it is increasingly characterized by flexible structures, greater informality, and, most strikingly, an increasingly active role for non-state actors. In short, multilateral governance is increasingly supplemented, and at times even supplanted, by multistakeholder governance. Why is this shift to greater inclusion -- one of the most striking contemporary trends in global governance -- occurring? States remain the most powerful actors in world politics, and as the WTO and the UN Security Council show, they can readily cabin the role of private stakeholders when they choose to. This paper argues the rise of private...
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