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Crisis or opportunity? Pockets of effective multilateralism in a polycentric world

Global cooperation is under stress. Finance, climate, security, and technology shocks overlap, while major powers contest rules and public budgets shrink. Yet these shifts potentially widen agency for parts of the Global South. This paper asks how the current moment should be viewed: does it represent a crisis or opportunity, and what does workable cooperation look like in a polycentric world? We use the 2025 Financing for Development conference in Seville as a point of reference for our reflections. Against this backdrop, we argue that a managed, issue-based new multilateralism is emerging, organized around ‘pockets of effectiveness’, or bounded, likeminded coalitions that work on concrete tasks. While universal multilateralism is likely to remain challenging, practical cooperation is feasible on some issues. If ‘the who’ is likeminded coalitions of countries, then ‘the how’ of new multilateralism is found in these ‘pockets’.

Crisis or opportunity? Pockets of effective multilateralism in a polycentric world

Global cooperation is under stress. Finance, climate, security, and technology shocks overlap, while major powers contest rules and public budgets shrink. Yet these shifts potentially widen agency for parts of the Global South. This paper asks how the current moment should be viewed: does it represent a crisis or opportunity, and what does workable cooperation look like in a polycentric world? We use the 2025 Financing for Development conference in Seville as a point of reference for our reflections. Against this backdrop, we argue that a managed, issue-based new multilateralism is emerging, organized around ‘pockets of effectiveness’, or bounded, likeminded coalitions that work on concrete tasks. While universal multilateralism is likely to remain challenging, practical cooperation is feasible on some issues. If ‘the who’ is likeminded coalitions of countries, then ‘the how’ of new multilateralism is found in these ‘pockets’.

Crisis or opportunity? Pockets of effective multilateralism in a polycentric world

Global cooperation is under stress. Finance, climate, security, and technology shocks overlap, while major powers contest rules and public budgets shrink. Yet these shifts potentially widen agency for parts of the Global South. This paper asks how the current moment should be viewed: does it represent a crisis or opportunity, and what does workable cooperation look like in a polycentric world? We use the 2025 Financing for Development conference in Seville as a point of reference for our reflections. Against this backdrop, we argue that a managed, issue-based new multilateralism is emerging, organized around ‘pockets of effectiveness’, or bounded, likeminded coalitions that work on concrete tasks. While universal multilateralism is likely to remain challenging, practical cooperation is feasible on some issues. If ‘the who’ is likeminded coalitions of countries, then ‘the how’ of new multilateralism is found in these ‘pockets’.

Schwere Knieverletzung: Liverpool-Verteidiger fällt lange aus

Blick.ch - Mon, 01/12/2026 - 08:47
Bittere Nachrichten für den FC Liverpool: Die Verletzung von Verteidiger Conor Bradley aus dem Arsenal-Spiel ist so schwer, dass der Nordire operiert werden muss. Es droht das frühe Saisonende.
Categories: Afrique, Swiss News

Sander Kraaij hat erfolgreich seine Dissertation verteidigt

Sander Kraaij, Assoziierter Doktorand in der Abteilung Kriminalität, Arbeit und Ungleichheit, hat am 9. Januar seine Dissertation an der Universität zu Köln erfolgreich verteidigt. Die Dissertation mit dem Titel „Essays on Job Quality: Discrimination, Performance Pay, and Corporate Social ...

HARVEST: Preparing the battleground

Euractiv.com - Mon, 01/12/2026 - 08:43
In today's edition: Mercosur, CAP budget, CATCH system
Categories: European Union, Swiss News

Glaser, DiCaprio, Hommage an Rob Reiner: Das waren die Highlights der diesjährigen Golden Globes

Blick.ch - Mon, 01/12/2026 - 08:32
Die Golden Globes wurden verliehen, und es gibt wieder viel zu reden. Blick begleitete euch die ganze Nacht hinweg durch die Preisverleihung. Zeit, einen Blick auf die Highlights der diesjährigen Verleihung zu werfen.
Categories: Afrique, Swiss News

Pourquoi les manifestations actuelles à travers l'Iran sont sans précédent

BBC Afrique - Mon, 01/12/2026 - 08:11
L'Iran a déjà connu des manifestations, la dernière en date remontant à 2022. Mais en quoi les manifestations actuelles diffèrent-elles en termes d'ampleur et d'objectifs, et pourquoi ?

Bosnie-Herzégovine : le casse-tête de la politique des visas

Courrier des Balkans / Bosnie-Herzégovine - Mon, 01/12/2026 - 08:05

La Bosnie-Herzégovine continue d'exempter de visa les ressortissants de Russie, de Chine, du Koweit, du Qatar ou encore de Turquie. Une situation que dénonce la Commission européenne, qui craint que le pays ne soit un hub d'entrée vers l'Union.

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Bosnie-Herzégovine : le casse-tête de la politique des visas

Courrier des Balkans - Mon, 01/12/2026 - 08:05

La Bosnie-Herzégovine continue d'exempter de visa les ressortissants de Russie, de Chine, du Koweit, du Qatar ou encore de Turquie. Une situation que dénonce la Commission européenne, qui craint que le pays ne soit un hub d'entrée vers l'Union.

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EU mulls sanctioning mullahs

Euractiv.com - Mon, 01/12/2026 - 07:45
In Monday’s edition: Kubilius’ army, Gaza peace board, migration, Mercosur, Fico vs. Kallas
Categories: European Union, Swiss News

Concerns raised over scope of planned EU-US biometrics deal

Euractiv.com - Mon, 01/12/2026 - 07:00
The EU has agreed to talks with Washington on sharing sensitive citizens’ data without publicly setting limits
Categories: European Union, Swiss News

Consultation urges EU to shift digital targets from rollouts to use

Euractiv.com - Mon, 01/12/2026 - 06:01
Several groups chipping in with ideas ahead of the Digital Decade review also urge a stronger push for European sovereignty
Categories: European Union, Swiss News

Stop-gap subsidies: how EU countries avoid necessary power sector reforms

Euractiv.com - Mon, 01/12/2026 - 06:00
Subsidies, not grid reforms, are kicking off 2026 across Europe
Categories: European Union, Swiss News

MEP Liese pushes male contraception as abortion prevention

Euractiv.com - Mon, 01/12/2026 - 06:00
This line of argument could resonate with other conservative groups in the European Parliament opposed to abortion
Categories: European Union, Swiss News

EXCLUSIVE: Commission to prioritise returns and border control in five-year plan

Euractiv.com - Mon, 01/12/2026 - 06:00
The strategy doubles down on a tougher migration line pursued since the start of the EU executive's mandate
Categories: European Union, Swiss News

European Parliament set to hold the line on air passenger baggage, compensation rules

Euractiv.com - Mon, 01/12/2026 - 06:00
MEPs will agree on a take-it-or-leave-it offer on maintaining the automatic right to compensation for delays over three hours
Categories: European Union, Swiss News

No enforcement: The limits of high-tech ceasefire monitoring in Ukraine

Euractiv.com - Mon, 01/12/2026 - 06:00
US high-tech ceasefire monitoring will not by itself change the game in Ukraine; furthermore, it puts Europeans and Ukrainians at risk of Washington’s volatile decision-making, experts say
Categories: European Union, Swiss News

How the world is failing Iran’s uprising

Euractiv.com - Mon, 01/12/2026 - 06:00
History will not judge this moment by what Iran’s regime did, but by what the free world chose not to do
Categories: European Union, Swiss News

‘Keep quiet’: Greenlandic anger at Denmark presents opening for Trump

Euractiv.com - Mon, 01/12/2026 - 06:00
As Donald Trump renews pressure to take over Greenland, growing resentment towards Copenhagen on the island could become Washington’s strongest leverage
Categories: European Union, Swiss News

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