However, the multilateral order set up in the aftermath of World War 2, marginally recalibrated after the disintegration of the Soviet Union, has been sitting on a simmering crisis. The Covid pandemic, the failure to provide adequate support to the poorest countries of the world, the ensuing economic crisis, and the food and energy crises in aftermath of the war in Ukraine have only exacerbated it.
As G20 president, India‘s suggestion to focus on common concerns such as climate change and environmental protection, education, and health could help begin the repair. But it is not enough. None of these issues exist in isolation. Fixing multilateralism requires rebuilding trust.
Countries must have the confidence that their concerns will be heard, their borders and people protected against aggressors, be they states or non-state actors, for solutions to be found. Importantly, multilateral fora must be places where vulnerable countries are not left behind. G20, comprising the biggest economies accounting for about 85% of global GDP and over 75% of global trade, must lead the way in repairing the multilateral order and its instruments. Rebuilding will require reforming existing systems, enhancing transparency and accountability.
As home to a sixth of humanity, a fast-growing economy and representative of the global South, India must be proactive in revitalising the multilateral order.
A breakdown hurts poor developing countries disproportionately. Leading will require listening to all voices, building consensus, nudging countries and groups to dialogue, prioritising concerns, and providing options to deal with critical problems.
