The West’s Last Chance
Dec 2 2025 Foreign Affairs
An article by Alexander Stubb, the President of Finland.
International institutions and norms provide the framework for global cooperation. They need to be updated and reformed to better reflect the growing economic and political power of the global South and the global East. Western leaders have long talked about the urgency of fixing multilateral institutions such as the United Nations. Now, we must get it done, starting with rebalancing the power within the UN and other international bodies such as the World Trade Organization, the International Monetary Fund, and the World Bank. Without such changes, the multilateral system as it exists will crumble. That system is not perfect; it has inherent flaws and can never exactly reflect the world around it. But the alternatives are much worse: spheres of influence, chaos, and disorder.
