In today’s globalized world it is essential to work on regional and global governance to reinforce efforts at the national and local levels.
Following the World Leadership Alliance-Club de Madrid initiative on The Political Dimensions of the World Economic Crisis whereby the effects of the crisis on good governance were explored through different regional roundtables, WLA-CdM members decided to contribute towards the restructuring of the international governance architecture, particularly, by supporting the G20 in a long-term and sustainable approach, focused in bringing about a more efficient, effective and representative system capable of responding to the realities and challenges of the 21st century.
The objective of this initiative is to provide innovative and pragmatic analysis on the accelerations of trends and realignments brought about by the international systemic crisis and contribute to their consideration within the G20 agenda through targeted exchanges of views with experienced leaders, policymakers, Sherpas and academia focused, particularly, on the reform of the global governance architecture.
The G20s expanded role and renewed vigour could be the engine of a process leading to a more representative and sustainable international governance architecture capable of responding to the systemic causes and effects of the crisis. It must demonstrate that it is not a new forum with old voices that empowers big powers to the detriment of genuine multilateralism. It must be supported in this process to ensure that it serves as an effective transition mechanism taking us from the ‘informal’ to the ‘institutionalised’ multilateralism needed to better address the current needs.
As the world’s largest forum of former Presidents and Prime Ministers has offered the leaders of G20 Presidencies in South Korea, France and Mexico an unequalled body of knowledge and practical political leadership experience on a broad range of governance related issues. WLA-CdM offered a unique, neutral and independent group of political leaders that provided peer to peer counsel and strategic advice based on very diverse and solid leadership experiences.