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I believe this organization meets the "notability" criteria. It is relatively young, but involves a large number of institutions of higher learning across several continents, has played a central role in defining global studies, and holds annual meetings in various countries (not a small matter). There are other academic associations on Wikipedia, such as Midwest Universities Consortium for International Activities which is smaller though older. It should therefore not be deleted.--A12n (talk) 15:53, 5 February 2016 (UTC)
I've added some more info on the activities of the GSC and removed the delete tag. The main argument is as above - this is a relatively large association that is active, and which is playing a major role in defining the emerging field of global studies.--A12n (talk) 03:45, 12 February 2016 (UTC)