econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result
Home Uncategorized

Coronavirus Is A Failure Of Global Governance

admin by admin
9월 6, 2021
in Uncategorized
0
0
SHARES
0
VIEWS

from The Conversation

Now The World Needs A Radical Transformation

— this post authored by Tom Pegram, UCL

World leaders have pledged €7.4 billion (£6.4 billion) in a digital fundraiser as part of a new “international alliance” to fight COVID-19. Assembled political leaders declared their support for the World Health Organization (WHO), which will receive some of the funds alongside other organisations working on vaccine and treatment development.


Please share this article – Go to very top of page, right hand side, for social media buttons.


Conspicuously absent so far from this new alliance, which was driven by the European Commission, was the US. This follows President Donald Trump’s decision in April to halt funding for the WHO, claiming that the organisation covered up the spread of the coronavirus in collusion with the Chinese government.

Trump’s decision is a major blow, given that the US is the WHO’s largest single funder. At a time when the WHO is desperately trying to raise a US$2 billion (£1.6 billion) global humanitarian response fund to assist the world’s poorest countries, it spells disaster.


Read more: World Health Organization: what does it spend its money on?


COVID-19 reminds us of the dangers posed by global systemic risks to the protection and safeguarding of human life – the first duty of any state – in our ever more global civilisation. It also exposes a basic contradiction between an enormously complex planetary ecosystem and our still dominant form of political organisation: a fragmented system of sovereign states.

We’re all in this together. By Paopano/Shutterstock

The American architect and theorist Buckminster Fuller captured this mismatch almost 40 years ago:

We have today, in fact, 150 supreme admirals and only one ship – Spaceship Earth. We have the 150 admirals in their 150 staterooms each trying to run their respective stateroom as if it were a separate ship. We have the starboard side admirals’ league trying to sink the port side admirals’ league. If either is successful in careening the ship to drown the ‘enemy’ side, the whole ship will be lost.

Emerging evidence of successful protection of life in places as diverse as New Zealand, South Korea, Hong Kong, Vietnam, and the Indian state of Kerala, speaks to the enduring importance of “command and control” state capacity in delivering fundamental public goods, especially in times of crisis. Meanwhile, experts are rightly scrutinising the alarming lack of preparedness in some of the world’s wealthiest countries.

But despite the importance of national capacity, there remains a key role for global strategy in health governance. And that’s why the failings of the WHO are such cause for concern.


Read more: Coronavirus: governments knew a pandemic was a threat – here’s why they weren’t better prepared


Funding shortfall

A 2007 study by scientists in Hong Kong predicted the reemergence of a SARS-like coronavirus from bat meat, the likely source of COVID-19. If an epidemic was predictable then a pandemic was preventable and the WHO should have played a central role in the detection and avoidance of a COVID-19 pandemic in the critical window of January 2020.

It’s estimated US$3.4 billion a year is needed to fund “global functions” of WHO pandemic preparedness. However, WHO global pandemic preparedness funds have fallen woefully short of this target, even following the 2014 Ebola epidemic.

Wealthy governments have long been resistant to redistributive demands by developing countries and have left the WHO chronically funded as a result. There has also been a desire by Western governments to prioritise health sector loans, with strings attached, through the World Bank. Countries have never given the WHO the requisite independence, powers or resources required to fulfil its mission to ensure “the attainment by all peoples of the highest possible level of health”.

Temperature checks before church in Spain. Fernando Villar/EPA

Few effective tools

To seasoned WHO observers, its deferential posture towards China (and governments of all shades) reflects its reliance on states cooperating with it. The WHO has no powers to compel information-sharing or enforce pandemic preparedness. Former director-generals, such as Gro Harlem Brundtland or Halfdan Mahler, willing to confront powerful interests, have faced stiff resistance.

As with the UN’s human rights and climate change agencies, the WHO finds itself embattled – at the mercy of obstructive member states and saddled with dwindling resources. It enjoys few effective tools to directly monitor outbreaks of infectious disease, coordinate pandemic planning, allocate resources to those countries most in need, or ensure effective preparedness implementation at country-level.

The WHO should serve a vital global function, mitigating against the risk of states becoming overwhelmed. In turn, it could reduce the destructive impact unmanaged economic globalisation has had on public health systems, many of which have been left ill-prepared to deal with COVID-19.


Read more: How to prepare for a pandemic


A fix is needed

The WHO is essential, but it is broken. We will almost certainly confront even more daunting challenges on our interconnected, globalised planet. COVID-19 is a global catastrophe, but recovery is not in question. The same cannot be said for other global risks facing the world, including the possibility of much deadlier pandemics.

A sober reckoning with this predicament demands a radical transformation in how we design and manage authoritative health governance both domestically and at a global scale. Political economist Elinor Ostrom’s work on cultivating global solidarity through “polycentric governance” – fostering collective action between those who make decisions in contexts of competition, conflict resolution, cooperation, and social learning – provides important coordinates for such an endeavour.

Whether or not existing global governance configurations such as the UN and the WHO can be repurposed to address systemic global risks is an open question. This is not simply a call for more funding to the WHO or other intergovernmental bodies. Its dysfunctions are symptomatic of a broken global political system.

For many, global-scale system reform may appear untenable, for others, undesirable. But what if – as expert observers increasingly agree – nothing less is going to be enough? Why, if we can imagine existential climate catastrophe, can we not imagine a different role for the nation state? Rather than countries competing with one another, we should remember we are agents of the global whole working on behalf of all inhabitants on Spaceship Earth.The Conversation

Tom Pegram, Associate Professor in Global Governance and Deputy Director of UCL Global Governance Institute, UCL

This article is republished from The Conversation under a Creative Commons license. Read the original article.

.

Previous Post

Will The Market Retest Lows This Summer?

Next Post

Most Useful Articles Week Ending 02 May

Related Posts

Scammers Steal $300K Using Fake Blur Airdrop Websites
Uncategorized

FBI Warns Investors Of Crypto-Stealing Play-to-Earn Games

by admin
Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites
Uncategorized

Maersk Almost Completing Russia Exit After The Sale Of Logistics Sites

by admin
Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle
Uncategorized

Why Is ‘Staking’ At The Center Of Crypto’s Latest Regulation Scuffle

by admin
Mexico's Pemex Dismantled Resources Worth $342M From Two Top Fields
Uncategorized

Mexico’s Pemex Dismantled Resources Worth $342M From Two Top Fields

by admin
Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future
Uncategorized

Oil Giant Schlumberger Rebrands Itself As SLB For Low-Carbon Future

by admin
Next Post
Final August 2021 Michigan Consumer Sentiment Shows A Stunning Loss Of Confidence

Final August 2021 Michigan Consumer Sentiment Shows A Stunning Loss Of Confidence

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect