Private standards and global governance : economic legal and political perspectives The expert contributors assess the state of the art with regard to private regulation of food natural resources and labor conditions. They begin with an introduction to and discussion of several leading existing private standards and go on to assess private food standards and their legitimacy and effectiveness in the context of the global trade regime pt. 1. Global governance through private standards : the cases of natural resources food and labour conditions pt. 2. Private food standards and global governance : economic perspectives pt. 3. Private food standards and global governance : legal perspectives.