Rethinking Multilateralism and Global Development

The multilateral system established after World War II is obsolete and insufficient to address current challenges, such as tensions between major powers and within regional blocks, inequalities, climate change, and health issues resulting from a strained power struggle between development pathways, politics, and nature. It is critical that we adapt the current system to new political realities and provide it with the means to respond to contemporary realities while also reestablishing governance arrangements to manage and preserve our global commons. In addition to governmental efforts, the participation of parliaments, local and regional governments, civil society, and the private sector is crucial in achieving a structural transformation of the multilateral system and creating a culture of inclusivity and accountability through greater social participation in decision-making. Implementing the 2030 Agenda, the Our Common Agenda report, and the outcomes of international summits will allow us to craft a new social contract balancing the needs of society, the economy, politics, and the environment.