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Saving Multilateralism

Saving Multilateralism

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Jennifer Hillman contends that rebuilding the house of global governance from the ground up will be nearly impossible. Instead, she argues: renovate the building. Transform the G20 into a Board of Governors for the World Bank, the International Monetary Fund, and the World Trade Organization. Ms. Hillman calls on Europe to end its overrepresentation in order to ensure that these bodies continue to be useful to all nations rather than atrophy.
Jennifer Hillman contends that rebuilding the house of global governance from the ground up will be nearly impossible. Instead, she argues: renovate the building. Transform the G20 into a Board of Governors for the World Bank, the International Monetary Fund, and the World Trade Organization. Ms. Hillman calls on Europe to end its overrepresentation in order to ensure that these bodies continue to be useful to all nations rather than atrophy.

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Published by: German Marshall Fund of the United States on Aug 19, 2010
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10/29/2011

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saViNG MULTiLaTeraLisM
RENOVATING THE HOUSE OF GLOBAL ECONOMIC GOVERNANCE FOR THE 21
ST 
CENTURY 
JeNNifer HiLLMaN
The German marshall Fund oF The uniTed sTaTes
 
© 2010 Te German Marshall Fund of the United States. All rights reserved.No part of this publication may be reproduced or transmitted in any form or by any means without permission in writingfrom the German Marshall Fund of the United States (GMF). Please direct inquiries to:Te German Marshall Fund of the United States1744 R Street, NWWashington, DC 200091 202 683 2650F 1 202 265 1662E info@gmfus.orgTis publication can be downloaded for free at http://www.gmfus.org/publications/index.cfm. Limited printcopies are also available. o request a copy, send an e-mail to info@gmfus.org.
GMF Paper Series
Te GMF Paper Series presents research on a variety of transatlantic topics by sta, fellows, and partners of the GermanMarshall Fund of the United States. Te views expressed here are those of the author and do not necessarily represent the view of GMF. Comments from readers are welcome; reply to the mailing address above or by e-mail to info@gmfus.org.
About GMF
Te German Marshall Fund of the United States (GMF) is a non-partisan American public policy and grant-making institu-tion dedicated to promoting greater cooperation and understanding between North America and Europe.GMF does this by supporting individuals and institutions working on transatlantic issues, by convening leaders to discussthe most pressing transatlantic themes, and by examining ways in which transatlantic cooperation can address a variety of global policy challenges.Founded in 1972 through a gi from Germany as a permanent memorial to Marshall Plan assistance, GMF maintains astrong presence on both sides of the Atlantic. In addition to its headquarters in Washington, DC, GMF has seven oces inEurope: Berlin, Bratislava, Paris, Brussels, Belgrade, Ankara, and Bucharest.
About Brussels Forum
Brussels Forum is an annual high-level meeting of the most inuential American and European political, corporate, andintellectual leaders to address pressing challenges currently facing both sides of the Atlantic. Participants include heads of state, senior ocials from the European Union institutions and the members states, U.S. Cabinet ocials, Congressionalrepresentatives, Parliamentarians, academics, and media. For more information, please visit www.brusselsforum.org.
 
Savg Multlatalsm
Renovating the house of global economic governance for the 21st century
Bussls Foum Pap SsMach 2010Jennifer Hin
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Te Gern Mr Fnd f e Unied SeInrdin: Cin wi Cexiy                                       3Sid Fndin: Te Ariere f Gb Eni Gernne                     6Te Gre Reein nd e Seerin Ciee f e Wrd Eny Te IMF, Wrd Bnk, nd WTO: FrCriiRefr5Grdin f Gb Finne: Te Inernin Mnery Fnd  7Fr Renrin  Deeen: Te Wrd Bnk                            Neiin e Re: Te Wrd Trde Ornizin                             4Renin e He f Gb Eni Gernne fr e  Cenry 7Te Hrbiner f Gb Gernne: Pii Lederi nd e G 8ReffirinMieriin Wrd f Reini3TrnniMierifr e Cenry33Cnin                                                      37Bibiry                                                     38
*Jennifer Hin i  enir rnni few  e Gern Mr Fnd f e Unied Se nd  rren eber f e Wrd TrdeOrnizin’ Aee Bdy Preiy, e ered  iiner  e US Inernin Trde Ciin nd ener ne ndief exie neir  e Offie f e US Trde Rereenie Te r wd ike  nk Je Ginn, Rn Bin, Dn Prie, PeerSrdin, Debr Seer, nd Ki Sinen fr eir e wi i er

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