G20 Policy Brief Recommends UN Conference on New World Order - Reconceptualising Transnational Governance: Making Global Institutions Fit for Purpose

Improving global governance
Jun 28, 2017 | FutureWorld Foundation, Seán Cleary

03/15/2017
In a G20 Policy Brief included in the compendium of 20 Solution Proposals for the G20 - http://www.g20-insights.org/2017/05/30/20-solutions-g20/ - presented to German Chancellery Minister Peter Altmaier at the Global Solutions Summit in Berlin - Seán Cleary, Executive Vice-Chair of the FutureWorld Foundation, has called on the G20 Heads of State and Government to promote inclusive national dialogues, as precursors for a UN-led Conference of States to address the urgent needs of the present and the future.   
“Although our present institutions often fail to deliver collective action to protect the global commons and advance welfare sustainably, we have to achieve these goals”, said Seán Cleary. “Tension between political accountability at the national level, and the need to meet common challenges, is undermining trust in national institutions, and effective collective action. The asymmetry between an integrated global economy, a fragmented global community, and a defective global polity, is causing conflicts and social turbulence across the globe, and frustrating agreement on essential global responses.  
“Facing new, large-scale, technological disruption, we need a new order to enable sustainable growth, address inequality, transform education, and build social capital. Research into national priorities makes it clear that diplomatic exchanges will not deliver this. We need a bottom-up approach, initiated by the G20, based on national consultations between governments, business and civil society, and leading to an international conference under UN auspices, building on the Paris Agreement on Climate Change and the 2030 Agenda for Sustainable Development, to define a desirable world order for 2030, and to reach agreement on how to achieve it.
“It’s a big challenge, but no bigger than similar endeavours in the past, undertaken after great conflicts. The only question is whether we can summon the will to craft a fitting world order before a still larger catastrophe. Time is of the essence, and the G20 must seize the moment.”
The FutureWorld Foundation’s G20 Policy Brief is at http://www.g20-insights.org/policy_briefs/reconceptualising-transnational-governance-making-global-institutions-fit-purpose/
The recommendations in the G20 Policy Brief reflect the outcome of a review of the structures, systems and institutions of global governance and other forms of collective action, and measures needed to make them fit for purpose. Valuable contributions in research papers on national and regional perspectives were provided by Erik Voeten of Georgetown University, USA; Sergey Kulik and Igor Yurgens of the Institute for Contemporary Development, Russian Federation;  Wang Wen of the Renmin University of China, People’s Republic of China, Pratap Bhanu Mehta and Srinath Raghavan of the Centre for Policy Research, India Fernando Blumenschein and Diego Navarro of the Fundação Getúlio Vargas, Brazil . The research was supported by the FutureWorld Foundation.
The G20 Policy Brief has also been published as a Discussion Paper in the economics e-jourmal.
Citation: Seán Cleary (2017). Reconceptualising transnational governance: making global institutions fit for purpose. Economics Discussion Papers, No 2017-31, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2017-31
The Think20 (T20) is a network of research institutes and think tanks from the G20 countries. It provides research-based policy advice to the G20, facilitates interaction among its members and the policy community, and communicates with the broader public about issues of global importance.
TheT20 process during the German presidency in 2016 and 2017 is coordinated by The Kiel Institute for the World Economy (IfW) and the German Development Institute (DIE).
The full series of G20 Policy Briefs is at http://www.g20-insights.org/

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