How International Institutions Die
While the COVID-19 pandemic has highlighted international institutions’ shortcomings, it also made plain, yet again, that the biggest challenges today are global in nature. In this context, defending multilateral institutions is not a display of “nostalgia,” but an act of realism.
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MADRID – In the aftermath of World War II, the victors established a set of institutions that have underpinned the world order ever since. While those institutions have often been contested, they have proved to be highly resilient. But this does not mean they are invulnerable. On the contrary, their effectiveness may be gradually eroded – especially when they are used as geopolitical pawns.