ID | 107433 |
Title Proper | New multilateralism of the twenty-first century |
Language | ENG |
Author | Hampson, Fen Osler ; Heinbecker, Paul |
Publication | 2011. |
Summary / Abstract (Note) | OUR UNIPOLAR WORLD IS PASSING INTO HISTORY, AS THE ECONOMIC CENTER OF gravity shifts eastward and southward and new centers of power emerge. Our international governance systems and institutions, constructed out of the ruins of World War II and the Great Depression, have been steadily lagging the steepening curve of change. Meanwhile, as the world struggles with the aftershocks of the global financial and economic crisis, terrorism, transnational crime and drug trafficking, climate change, food security and energy prices, the Arab Awakening, Japan's triple crises, failing and fragile states, the dangers of nuclear proliferation, and so forth, the virtues of multilateral cooperation are being rediscovered. Many see renewed merit in pooling national sovereignty in cooperative institutional arrangements.1 At the same time, the preeminent power in the international system, the United States, burdened by debt, hobbled by internal divisions, newly conscious of its limits, led by a president whose formative years are more North-South than East-West, is itself putting greater stock in partnership and multilateral cooperation.2 In response to this unprecedented pace and scope of change, old institutions are innovating and new forms and varieties of international cooperation are being called into being |
`In' analytical Note | Global Governance Vol. 17, No. 3; Jul-Sep 2011: p.299-310 |
Journal Source | Global Governance Vol. 17, No. 3; Jul-Sep 2011: p.299-310 |
Key Words | World War II ; International Governance Systems ; Global Financial Crisis ; Fragile States ; United States ; India ; Brazil ; China ; United Nations ; G-20 ; BRICS |