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[The Crisis and Evolution of Multilateralism: Navigating Global Governance in a Shifting World]-[Panel: The future of multilateralism]

World Today · B2 · 2025-09-19

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📋 Summary

The Current State of Multilateralism: A System in Crisis

The post-World War II multilateral order, once the cornerstone of global stability, is facing a period of profound uncertainty. As the podcast guests highlighted, while the number of participants in international institutions continues to grow, the performance of the system as a whole has deteriorated. Professor Ramesh Thakur notes that the current architecture is increasingly "out of balance with the distribution of military power and economic might," leading to a "self-perpetuating pathology" where legitimacy and credibility decline because the institutions no longer reflect the realities of the 21st century.

The Challenge of Representation and Efficiency

A central theme of the discussion is the tension between "representation" and "efficiency." Professor Qu Qiang argues that the traditional UN-centered system suffers from two extremes: one being the manipulation of multilateralism as a tool for "unilateralism or hegemony," and the other being a form of "extreme liberalism" that prioritizes the appearance of representation over actual progress. Real multilateralism, according to Qu, requires an "equal footing" where stakeholders collaborate for common goods rather than merely playing a "game of display."

The Rise of the Global South and Polycentric Governance

The post-Cold War era of unipolarity has given way to what Professor Thakur calls "polycentric multilateralism." The rise of the Global South is reshaping global governance as nations seek to reset priorities. This shift is evidenced by the emergence of institutions like the BRICS and the Shanghai Cooperation Organization (SCO). These bodies are not necessarily anti-Western but represent a movement to "reclaim the agenda" and reduce dependence on Western-dominated financial architectures, such as efforts toward "de-dollarization" to minimize transaction costs.

Pragmatic Multilateralism and Minilateralism

As traditional institutions struggle, the experts discussed the rise of "pragmatic multilateralism" and "minilateralism." Dr. George Zagopoulos points to the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) as a response to the paralysis of the WTO’s appellate body. Similarly, the evolution of the CPTPP after the U.S. withdrawal demonstrates how states are finding ways to overcome hurdles through specialized bodies. Professor Qu Qiang suggests that "minilateralism"—where small groups of like-minded countries solve specific regional issues—is becoming a "future paradigm." He emphasizes that this is not exclusionary but rather a "can-do attitude" that remains open to expanding partnerships as needed.

The Necessity of Reform vs. Obsolescence

The panel reached a consensus that protecting the multilateral system is not at odds with reforming it; rather, reform is the only way to ensure its survival. Professor Thakur warns that if institutions prioritize their own mission and personnel over their original purpose, they become "impediments to their own mission." While Dr. Zagopoulos acknowledges that the current system successfully prevented a third world war, he stresses that issues of "accountability" and "transparency" must be addressed. Ultimately, the experts agree that without "serious reform"—particularly regarding the structure of the UN Security Council—the multilateral system risks being rendered obsolete by new, more efficient, and representative regional frameworks.

🎯Key Sentences

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So, is the golden age of multilateralism over?
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Well, every system is unique to its time
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and all that is now changing.
4
There's many more states pursuing different interests
5
It will create a pseudo satisfaction, but it won't solve the problem.
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📝Key Phrases

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deepening challenges
2
broad consensus
3
looming climate crisis
4
safeguarding economic sovereignty
5
out of balance
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📖 Transcript

Daily news and analysis.
We keep you informed and inspired.
This is World Today.
Hello and welcome to the panel discussion of World Today.
I'm Ding Hen in Beijing.
A key aspect of Chinese President Xi Jinping's global governance initiative is calling for practicing multilateralism.

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