Global Governance Summit Of The World Economic Forum Says The United Nations “Should Be Strengthened And The G20 Should Become The Voice Of Global Governance’
‘UN should be strengthened’
By Santhosh V Perumal
The UN should be strengthened and the G20 should increasingly become the voice of global governance, according to the Global Redesign Summit of the World Economic Forum.
The forum, which began in Doha yesterday, stressed on the need for strengthening the multilateral and regional frameworks and institutions as part of the multi-dimensional approach.
Terming that global redesign as an evolutionary process rather than revolutionary, He Yafei, Ambassador and Permanent Representative of China to the UN, said people have lost confidence in the system and there was an urgent need to restore it.
Suggesting reforms to strengthen the UN and its institutions, he said the G20, which has rather a better balance than the G8, will become the premier economic forum for global governance.
“Because we are living in a very complicated world, we need to bring into full play not just the efforts of governments but also those of NGOs,” he said.
A key issue facing participants in the Global Redesign process is how to create more effective institutions and mechanisms of global governance, while ensuring that they are legitimate, according to Ahn Ho-Young, Deputy Minister of Foreign Affairs and Trade of Republic of Korea; Ambassador at Large for G20.
The way to overcome (questions about legitimacy) is to reach out to “multi-dimensional actors for new ideas,” he said, adding the still unfolding global economic crisis shows that “if we do not swim together, we will sink together.”
He said South Korea was eliciting views as it is to host the fifth G20 meeting in November this year.
The challenges facing the world keep multiplying, reckoned Alexandre Fasel, Ambassador, Federal Department of Foreign Affairs, Switzerland, also a Global Redesign patron.
“Because there is this multi-dimensional challenge, there is no other way than to have a multi-stakeholder approach,” he said.