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This chapter lays out the theoretical framework underlying the analysis of Brazil’s exercise of power in global sectoral governance. After a brief characterisation of global governance, the chapter outlines the best way to analyse power in this context. Thereafter, the chapter distinguishes three types of power (discursive, decision-making/bargaining and resource-transfer power) and the accompanying types of interface (discursive, organisational and resource-transfer interface). As a first step in the further specification of these three types of power, the concept of narrative and the relevant narrative types as a form of discursive power are introduced. As a second step, the concept of nodal governance is further developed as an essential approach to a better understanding of both Brazil’s decision-making/bargaining and resource-transfer power.