Since the founding of the ultimately ill-fated League of Nations in 1920, global governance has been dominated by a succession of supranational bodies, culminating in the foundation of the United Nations and the diverse Bretton Woods institutions at the end of the Second World War. These organisations have largely worked to ensure peace between the Western powers in the security sphere but also in finance and trade. In a changing world, however, with the rise of new powers, it is imperative that the voices and needs of emerging nations are also adequately reflected. Given that 21st century global concerns focus far more than ever before on hybrid threats, human rights and the environment, is it time to draw a line under the past 99 years of global governance and look to re-evaluate and reform our established systems?
This article is part of Friends of Europe’s discussion paper on global governance reform, in which we ask the ‘unusual suspects’ to share their views on what reforms are necessary to make the rules-based order work for us all.