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Global governance

Despite its own warnings, the International Monetary Fund is risking another ‘lost decade’ for development, reports Soren Ambrose for openDemocracy. In the wake of the 2007-2008 financial crisis, a report by the International Monetary Fund’s independent evaluation office into the institution’s handling of the...
An exit strategy from the World Bank and IMF could lead to serious efforts to create a new system of international governance based on the principles of mutual respect, equality, and cooperation, argues Walden Bellow for FocusWeb. As they mark their 76th year, the International Monetary Fund and the World Bank have...
The Nobel prize for the United Nations World Food Programme turns an important spotlight on the millions who go hungry around the world and on the devastating consequences of conflict. The World Food Program was awarded the Nobel Peace Prize on Friday for its efforts to combat a surge in global hunger amid the...
The only way forward for the United Nations is to acknowledge the key difference between 1945 and 2020 - decolonization - and abolish the permanent members of the Security Council altogether. By Hannah Ryder, Anna Baisch, Ovigwe Eguegu for Foreign Policy. This year, as the effects of COVID-19 continue to be felt...
The High-level Commemoration of the 75th Anniversary of the UN brought together 111 Heads of State and Government and 14 Ministers, who spoke in support of multilateralism and global solidarity, among other themes. Participants adopted a Declaration that recognizes multilateralism as a necessity for a more equal,...
The Spotlight Report 2020 unpacks the COVID-19 emergency, and calls for a radical redistribution of economic power and resources; bold regulation of global finance; and multilateral solidarity for the common good. "Multiple crises can only be overcome if the massive power asymmetries within and between societies can...
The 75th UNGA is a moment for the world to focus on realising the full potential of the United Nations' founding principle of "achieving international cooperation in solving international problems," writes José Luis Castro for Devex. The once-celebratory undertone of the United Nations’ 75th anniversary General...
A new briefing summarises the actual or likely impacts of the global coronavirus crisis on each of the 17 Sustainable Development goals. By Jens Martens, Bodo Ellmers and Vera Pokorny for Global Policy Watch. The COVID-19 pandemic and the policies with which governments have responded to it have had a serious impact...
The UN’s 75th anniversary this year is a chance for taking stock, strengthening the UN and confronting the challenges the system will face in the years ahead, writes Giovanna Kuele for PassBlue. As consensus was finally achieved on July 7, a final draft of the UN-75 political declaration has been approved and is...
Despite decades of protests against them, the IMF and World Bank continue to force the same discredited policies on poor governments and their people, writes Lara Merling for Jacobin. The International Monetary Fund (IMF) and World Bankplayed a central role in shaping our current model of globalization, imposing...
Unless countries across the world act together now, the COVID-19 pandemic will cause “unimaginable devastation and suffering around the world”, said UN Secretary-General António Guterres at a virtual high-level meeting on financing for development. Painting a picture of 60 million pushed into extreme poverty; famine...
There is a danger that Covid-19 will significantly increase the gap between rich and poor nations. It's time to put in place an ambitious plan to overcome this crisis and save more than 30 million lives, writes Portia Antonia Alexis for Byline Times. There has been very little international response to COVID-19,...
With a “UN 911” first responder for complex emergencies, the UN would finally have a rapid, reliable capacity to help save millions of lives and trillions of dollars, writes H. Peter Langille for Foreign Policy in Focus. The global health crisis has become a wake-up call to cooperate for a more just and secure world...
Over 100 former global leaders call for the mandatory worldwide sharing of a Covid19 vaccine - available to all people, in all countries, free of charge. Humanity today, in all its fragility, is searching for an effective and safe vaccine against COVID-19. It is our best hope of putting a stop to this painful global...
Former UN Independent Expert on the Promotion of a Democratic and Equitable International Order, Professor Alfred de Zayas, urges civil society to demand a new social contract based on human dignity, social justice and sustainability.  He calls on governments to significantly reduce military expenditures and give...