In recent years, with countries such as China, India, and Brazil taking their rightful place on the international scene, the G-7 has given way to the G-20. Likewise, an ambitious reform of the International Monetary Fund was adopted in 2010 to reflect changes in the global distribution of power.<\/p>\n
But this change in global governance must not be limited to economic policymaking. After all, globalization has brought many overall benefits, but also less friendly aspects, such as the ones dealing with global security. Despite our growing interconnectedness, the UN Security Council has not yet been unable to achieve sufficient consensus to resolve pressing matters such as Syria.<\/p>\n
Nobody ever said that the road to stronger global governance would be straight or simple to navigate. But there are no detours: without effective structures of power and a genuine commitment from all players, the future does not look promising for global stability and prosperity.<\/p>\n