The role of international organizations, transnational governance, metrics and quality indicators of government activity within the framework of global governance

This article reviews the current role and mechanisms of international organizations with regards to assessing the quality of global governance. The subject of this research is the measurement and indicators of state participation in elaboration and implementation of transnational governance. The goal consists in examination of the concept of governance through the prism of Fukuyama-Manning Theory. Globalization is viewed in economic and political dimension for the purpose of determining the need to create transnational administrative frameworks. The results of global governance in the form of measurement and quality indicators of state administration are analyzed in correlative links between the production and demand of political indicators, their nature and practical advantages. The assessment of subjects engaged in the development process exemplifies of the crucial indicators of governance. In order to achieve the set research goal, the author explores the existing hypothesis on the role of international organizations within the global governance system for the purpose of determination the prospects of transnational governance. The detailed theoretical and practical approach towards measurement and metrics of state administration is was conducted by means of qualitative analysis that allowed determining the prospects of the standardized system. In conclusion, the author underlines the equal importance of governance, globalization and state policy in achievement of functional structure of global governance. This article represents a conceptual framework for supporting examination and elaboration of the systems for assessing the efficiency of activity of the governments essential for ensuring successful intergovernmental cooperation in globalization era.