Please note - this is a temporary window. id21 is joining forces with Eldis and therefore the id21 website has been suspended. Soon all id21 content will be available on the Eldis website.
International inequality, worldwide climate change, the drug trade, increased migration – the list of issues for which global action is needed keeps growing. Yet despite the large number of international institutions, there are none that can effectively deal with these problems. Is a new international body the answer?
National governments are often unable or unwilling to consider the international consequences of their actions. Researchers from Queen Elizabeth House propose a solution to the problem: an Economic and Social Security Council at the UN. This body would have a similar role to that of the present Security Council on security issues, but be empowered to monitor and act on global economic issues, poverty and environmental matters.
The main structure of international governance was created over 50 years ago, with the formation of the UN, the IMF and the World Bank. But there was a basic flaw in the design: it failed to include any significant institutions with responsibility for world economic governance, global environmental issues, or protecting the poor at a global level.
If current international institutions are not able to deal with a wide range of global social, economic and environmental issues, neither are national governments or the market. The primary problem with national action is that governments act chiefly in pursuit of their own objectives. Often, they don’t consider the international consequences of their actions. Global institutions are essential to ensure that the international implications of national action are taken into account.
There are three main reasons why global action is needed:
The proposed Economic and Social Security Council (ESSC) would be structured along the following lines:
Source(s):
‘An Economic and Social Security Council at the United Nations’, QEH
Working Paper Series No. 68, by Frances Stewart and Sam Daws, 2001 (also
appeared as a Christian Aid Report) Full document.
Funded by: Christian Aid
id21 Research Highlight: 20 August 2002
Further Information:
Frances Stewart
Queen Elizabeth House
21 St Giles
Oxford OX1 3LA
UK
Tel:
+44 (0)1865 273600
Fax:
+44 (0)1865 273607
Contact the contributor: Frances.Stewart@qeh.ox.ac.uk
Queen Elizabeth House (QEH), UK
Other related links:
The UN
IMF
The World Bank
Read more about the present Security Council
The Bretton Woods Project works towards civil society participation in
World Bank and IMF