G20 Policy Brief: Making Global Institutions Fit for Purpose

Improving global governance
May 12, 2017 | Sean Cleary, FutureWorld Foundation,

The tension between national democratic accountability and inter-national and inter-temporal cooperation, undermines both trust in governments and collective action. The recent global financial crisis and recession, geopolitical clashes, forced migration, domestic tensions and threats to planetary boundaries, have exposed our institutional weaknesses. On the cusp of technological disruption of education, work, social organisation and politics, we need a new global order. This G20 Policy Brief, by Sean Cleary for the FutureWorld Foundation, suggest that we must address inequality; restore upward mobility; protect the vulnerable against technological displacement; transform education; and build social capital to smooth transitions. Cleary argues the need  to determine the scales at which agreement on policies is feasible. The asymmetry between an integrated global economy, fragmented global community, and defective global polity, causes social and political turbulence. Formal diplomatic exchanges will thus not enable a new global order as pressures on political elites frustrate emergence of a common vision. The Paris Agreement was, however, facilitated by a shift from obligations to contributions, allowing states to focus on what each could do to contain atmospheric warming while pursuing development. Likewise, the SDGs were enabled by a bottom-up process from national to global levels. The Foundation thus proposes a UN conference of state parties, at which each state will define a global order that balances environmental sustainability with economic development and human security. Prior national consultations between policymakers, business and civil society will promote learning and inclusive perspectives. The discussions should clarify the values motivating the order, and discuss the legal norms that can enable it.
http://www.g20-insights.org/policy_briefs/reconceptualising-transnational-governance-making-global-institutions-fit-purpose/ />

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