Asia’s businesses and households rely on a global system of rules and institutions to do business overseas. That global system is under attack, and Asian governments are yet to mobilise to stop it.

Multilateralism is not an option but a necessity as we build back a better world with more equality and resilience, and a more sustainable world." - Secretary-General António Guterres Multilateralism, ...

We find there is no loss of multilateral netting benefits for a settlement window of at least one hour when our model is applied to the US equity markets. The hubs in the system reach their maximum ...

For the best part of a century, the world trade has grown exponentially on the back of rule-based multilateral trading system. The year of 2025 witnessed the 30th anniversary of the World Trade ...

The international order is evolving quickly, with new cooperation mechanisms replacing inferior multilateral frameworks. One major trend has been the “minilateralization” of multilateralism, whereby ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

The landscape of great power competition within multilateral institutions has significantly evolved over the past few decades, reflecting broader shifts in global power dynamics. The United States, ...

The multilateral system has failed badly during the COVID-19 pandemic, according to the incoming head of the International Science Council, a global body that counts the world's science academies as ...