Can 'mini-lateralism' improve global governance?
Has the existing global order outlived its relevance? This is a common question asked not just by elites but even by any thinking individual across the world.
Never have we witnessed such incoherent and ineffective global governance as what we experienced during the COVID-19 pandemic. In the face of our vulnerability against the novel coronavirus and a gamut of other common challenges, the global leadership tasked to address the pressing concerns is nowhere to be seen. The pandemic of the century only left us with a heavily fragmented world scene with dysfunctional global institutions.
While we are still reeling from the pandemic-induced economic fallout, the various global exigencies have never ceased to take a heavy toll on our planet. Yet the prognosis for multilateral cooperation continues to look bleak.