Essays on a twenty first century multilateralism that works for all

0
30
Facebook
Twitter
Pinterest
WhatsApp



Editor’s Word:

Edited by Brahima S. Coulibaly and Kemal Derviş, this assortment of essays builds upon a 2021 global “experts” survey on multilateralism. Whereas not an exhaustive checklist, the matters addressed right here comprise a few of the most urgent points for worldwide cooperation within the years forward, as recognized by each the survey respondents and the essay authors. The editors’ overview follows right here.

in article 1

Overview

By Brahima S. Coulibaly and Kemal Derviş

Introduction

There isn’t any common settlement on what form the “world order” will take within the years and many years forward. What is for certain, nonetheless, is that humanity must take care of big and in some ways unprecedented transformations and challenges, such because the digitalization of economies and societies, local weather change and mitigation, pandemic preparedness, excessive earnings and wealth focus,1 and new forms of “weapons” related to dual-use applied sciences.

There are nice alternatives for improved well-being related to many of those challenges. Digitalization and synthetic intelligence (AI) may lead to super will increase in productiveness, and the inexperienced transformation necessitated by local weather change may represent the best financial, social, and enterprise alternative because the industrial revolution.2 Nonetheless, failure to adequately tackle a few of these challenges, notably local weather change, may result in immense financial and social harm; it may add to the present pressures attributable to mass migration ensuing from the imbalance between geographic concentrations of populations and financial alternatives. Moreover, digitalization may exacerbate inequalities and result in mass surveillance of societies led by autocrats. In flip, a few of the “weapons” that could be developed with new applied sciences may result in a scale of destruction of the planet tantamount to nuclear weapons. The U.N. Secretary-Normal António Guterres begins his new agenda-setting report by stating “humanity faces a stark and pressing alternative: a breakdown or a breakthrough.”3 Multilateral cooperation is due to this fact wanted greater than ever to each totally understand the potential advantages of those shifting developments and reduce the risks that accompany them.

The International Financial system and Growth Program on the Brookings Establishment performed a world “consultants” survey on multilateralism within the Spring of 2021 as a part of a mission on the way forward for international governance.4 The matters addressed on this compilation of essays don’t try to cowl all challenges confronted by multilateralism, however they replicate points thought-about most essential by the survey respondents, in addition to the authors of those essays. Collectively, they tackle a few of the most urgent questions and wishes for worldwide cooperation within the years forward.

Read the rest of the overview in the full report

CONTENTS

Overview
Brahima S. Coulibaly and Kemal Derviş

1. Multilateralism and dynamic divergence in the global economy
Eswar Prasad and Vera Songwe

2. Global Governance: Balancing power and equitable representation
Kemal Derviş and José Antonio Ocampo

3. Regional cooperation: A necessary complement to global multilateralism
Brahima S. Coulibaly and Elizabeth Sidiropoulos

4. Multilateralism and climate change: Providing a global public good and following an ethical imperative
Amar Bhattacharya and Kemal Derviş

5. From vertical funds to purpose-driven funds: A new approach to multilateralism
Homi Kharas, John W. McArthur, and Dennis Snower

6. Liberal democratic values and the future of multilateral cooperation
Kemal Derviş and Nathalie Tocci

7. Multilateralism, liberal values, and the Global South
Amrita Narlikar

LEAVE A REPLY

Please enter your comment!
Please enter your name here