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Valdai Paper #22: Multilateralism à la Carte: The New World of Global Governance

Author: Stewart M. Patrick
The Valdai Discussion Club

U.S. and foreign policymakers increasingly pursue their national objectives through narrower and more flexible frameworks whose membership varies with situational interests, shared values, and relevant capabilities. The trick for the United States and other major governments is to design à la carte mechanisms that complement and reinvigorate, rather than undermine and marginalize, the prix fixe menu of formal international organizations upon which the world continues to depend, argues Stewart Patrick.

 

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Primary Sources

Ufa Declaration of the Seventh BRICS Summit

Leaders from Brazil, Russia, India, China, and South Africa met on July 9, 2015, in  Ufa,  Russia for the  Seventh BRICS Summit, which marked the entry into force of the BRICS's New Development Bank (NDB), which the leaders expect to begin accepting investment requests in the beginning of 2016. The declaration also states the leaders' concerns on international security issues such as corruption, nuclear weapons, instability and conflict, and terrorism, and their commitments to social issues like global health and education.

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