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As opportunities and threats increasingly manifest themselves at a transnational level, the need to strengthen global governance continues to grow. The potential benefits of deeper international economic integration - as well as the challenges posed by the financial crisis, demographic shifts, terrorism, rising powers, and climate change - are prompting new efforts to shape global frameworks. Decisions to strengthen the G-20, refocus the G-8, reform the IMF, extend NATO's functional and geographic reach, expand the Trans-Pacific Partnership, and combat climate change through the UN are only the most recent developments aimed at achieving this goal.
At the Streit Council, we support the continued integration of advanced democracies as one of the long-term foundations for more effective global governance. Countries that have achieved stable and moderate government, respect human rights and are accountable to open public discussion have demonstrated their reliability as international partners and hold significant political and economic weight. They also possess the cohesion needed to fulfill a core role in the global system. Many of these states are found in the transatlantic area; additional advanced democracies have developed in the Pacific basin, and more continue to emerge around the world.
By serving as the foundation for broader and more inclusive cooperation among democracies over time, these countries have an opportunity to shape a more effective framework for global governance.