Current ecological, health, economic, and cyber threats highlight the need for international institutions to step up and protect the global commons. Unfortunately, the international institutions that we have inherited from the mid-twentieth century are no longer up to the task.
OXFORD – When the United Nations and the Bretton Woods institutions were established nearly seven decades ago in the aftermath of World War II, economic and political power was concentrated in the hands of a few “victor” countries, making it relatively easy to reach consensus on how to restore international order. But, since then, global governance has become increasingly muddled, impeding progress in areas of worldwide concern.
OXFORD – When the United Nations and the Bretton Woods institutions were established nearly seven decades ago in the aftermath of World War II, economic and political power was concentrated in the hands of a few “victor” countries, making it relatively easy to reach consensus on how to restore international order. But, since then, global governance has become increasingly muddled, impeding progress in areas of worldwide concern.