Recently, the International Monetary Fund (IMF) held that the economic slump due to the Covid-19 pandemic, could be the worst economic fallout since the Great Depression 1929. It also held that the global growth will turn sharply negative in 2020, with almost all members of the IMF experiencing a decline in per capita income.
Countries are
adopting neoliberal measures
like already a combined $8 trillion of stimulus package has
been announced, advocacy of Universal
Basic Income, etc. However, the current crisis requires a
holistic-coordinated approach by the global players,
rather than just trying to save their respective economies.
On the contrary, multilateralism
is on a decline and protectionism is on rise. This
can be reflected in issues relating to the United Nations (UN) and its
allied institutions.
Hence, if the global
community has to come out stronger in the face of current crisis, there is a
need to establish a multilateral global order based
on inclusivity and sustainability.
Challenges
pertaining to UN
Since its inception
75 years ago, the UN has remained the world’s most important multilateral
forum.
Today, the world
faces global threats, both coventional (violent
conflict, nuclear proliferation, and infectious disease) and non-conevtional
(climate change, terrorism, and cyberwar, among others).
However, the UN
system is enmeshed in serious budgetary difficulties and subject to endless
reforms. These lacunae can be reflected in the following:
- United
Nations General Assembly: Prominent Stage, Limited Powers
- Every year, the opening session
of the United Nations General Assembly (UNGA) becomes
the stage where presidents and prime ministers give speeches.
- The event offers plenty of star
power, but critics contend that it is little more than a glorified gabfest.
- Also, UNGA has no control over
veto power exercised by UNSC and it cannot take any decisive action against
permanent members of UNSC.
- United
Nations Security Council: Powerful but Often Paralyzed
- The 15-member Security Council
is by far the most powerful arm of the United Nations. It can impose
sanctions, as it did against Iran over its nuclear
program, and authorize military intervention, as it did against Libya in 2011.
- However, the veto
power is used by permanent five countries to
serve the strategic interest of themselves and their allies.
- Since 1990, the United States
has cast a veto on Council resolutions 16 times, concerning Israeli-Palestinian
relations. Russia has done so 17 times, including eight times over Syria.
- Also, the current composition
of UNSC does not represent contemporary realities, as permanent members of
UNSC, as it has not been reformed since its inception.
- United
Nations Secretary General: Global Reach, Vague Role
- The UN charter is vague in
defining the duties of the secretary general, the United
Nations’ top official.
- He or she is expected to show
no favoritism to any particular country, but as the office is largely dependent
on the funding and the good will of the most powerful nations, it hampers the
working of the said office.
- World
Health Organisation: Arm Twisting By Rich Countries
- WHO was mandated to control the
spread of contagious diseases, backstop public health programmes, formulate
standards on nutrition and hygiene and establish a centre for comparative
health data.
- However, recently, the World
Health Organization (WHO) has been criticised by the US on account of
mishandling of the Covid-19 pandemic and subsequently suspended its financial
contribution to WHO.
- Also, WHO has been under
pressure from the US government to adopt an approach that favours interests of
US pharma companies, rather than a global advocate of public health policy.
- World
Trade Organisation: Stalled Negotiations
- The World Trade Organization is
mandated to expand the free trade agenda and a standard bearer for open and
efficient global markets.
- However, the advanced countries
are determined to promote the kind of corporate-friendly rules that align with
their own economic interests and are indifferent to the Doha Development Agenda.
Summing up
The greatest
challenge that the world faces today is in prediction of the imminent disasters
that can be catastrophic. The Covid-19 pandemic is one such; others may include
severe climate shocks.
With growing
environmental and health stress, such disastrous events are likely to occur
more often. This can only be tackled through collective actions. Thus, there is
a need for a new world order based on the ethos of multilateralism and shared
responsibility. In this context, democratising the UN system can
be a step in this direction.