What forms of governance are currently in place or proposed for the WWW?

The Internet and the World Wide Web have introduced a magnitude of social, ethical, and legal issues. This technology “revolution” has left many “gray” areas and many governments and societies are struggling to adapt. In your essay please address on the following questions:

1. What forms of governance are currently in place or proposed for the WWW?
2. How can interests of public safety, national security, intellectual property, free speech and privacy be balanced in governing the WWW?
It is single spaced essay with one or more references. It should have clear introduction and conclusion.