The world’s governing institutions are in dire need of a revamp to make them relevant to the 21st century and should all be subject to “sunset clauses”, according to a new report by a commission of prominent international political and business figures.
“International organisations and structures have had difficulty keeping pace with today’s hyper-connected, globalised world,” the Oxford Martin Commission for Future Generations said in the report released yesterday.
The result was that “ultimately, the 20th century structures and institutions suffer from legitimacy, authority and effectiveness deficits” largely as a result of a proliferation that meant they had grown into a “spaghetti bowl of overlapping mandates”.