Reform of International Institutions
Economics and Politics
After World War Two, the pre-war international system was largely replaced by one adapted to the new world order. It is unclear whether this system can still usefully serve today's very different world. There have been many proposals for UN reform, all blocked by lack of political will and sectoral interests. We need a global discussion on which international institutions have outlived their usefulness, which ones need reforms, and what new institutions are needed.
What can be learnt from the failures of global governance? Which are the urgent proposals for change for which a broad coalition could be mobilised? How can a sensible hierarchy of appropriate international agreements be implemented? How can the global majority cooperate better when faced with the growing obstruction of powerful countries? How can the interests of future generations influence the decision-making of international institutions? Should the proposals by Keynes for a fairer trade and financial institutional order be revived?
