Highly topical analysis of the emergence of private authority in the governance of global affairs.The emergence of private authority has become a feature of the post-Cold War world. The contributors to this volume examine the implications of this erosion of the power of the state for global governance. They analyse actors as diverse as financial institutions, multinational corporations, religious terrorists and organised criminals. The themes of the book relate directly to debates concerning globalization and the role of international law, and will be of interest to scholars and students of international relations, politics, sociology and law.The emergence of private authority has become a feature of the post-Cold War world. The contributors to this volume examine the implications of this erosion of the power of the state for global governance. They analyse actors as diverse as financial institutions, multinational corporations, religious terrorists and organised criminals. The themes of the book relate directly to debates concerning globalization and the role of international law, and will be of interest to scholars and students of international relations, politics, sociology and law.The emergence of private authority is now a feature of the post-Cold War world. The contributors to this volume examine the implications of the erosion of the state's power in global governance. They analyze financial institutions, multinational corporations, religious terrorists and organized crime operations. Relating directly to debates concerning globalization and the role of international law, this study is of interest to scholars and students of international relations, politics, sociology and law.Part I. Introduction: Theorizing Private Authority: 1. The emergence of private authority in the international system Rodney Bruce Hall and Thomas J. Biersteker; 2. Private regimes and inter-firm cooperation A. Claire Cutler; Part II. Market Authority: Globalization and 'Globaloney': 3lsH