MemCast
MemCast / episode / insight
The IMF, WTO and UN are increasingly viewed as ineffective tools for managing global disputes
  • Critics argue that these institutions cannot enforce compliance, leading to a perception of impotence.
  • Their decision‑making processes are often stalled by veto powers and political bargaining.
  • As a result, countries bypass them in favor of bilateral or regional arrangements.
  • The loss of credibility undermines the liberal economic order that these bodies were meant to uphold.
Aditya RathaorRaj Shamani00:02:55

Supporting quotes

आईएमएफ, डब्ल्यूटीओ, यूएन इनकी पावर इनफेक्टिव क्यों तुम्हारी? Aditya Rathaor
Questioning institutional power
वर्ल्ड इज गोइंग टू बी हां विदाउट द यूएस ... इन्फ्लुएंस ... Aditya Rathaor
Implication of institutional decline

From this concept

Global Institutions in Decline: IMF, WTO, UN Effectiveness

Traditional multilateral bodies are losing relevance as major powers pursue unilateral strategies. The United States' retreat, coupled with the rise of alternative economic blocs, signals a systemic erosion of the post-World-War-II order.

View full episode →

Similar insights