UN General Assembly
2010

The truth is that in all three of these areas we are not doing anything like as well as we must. The effectiveness of multilateral approaches is in question in the wake of the financial crisis, the failure of the climate change talks in Copenhagen and the stalling of the Doha Trade Round. And too many nations and international institutions have been too reticent about promoting enlightened human values. We need to inject new life into our institutions and new confidence into the expression of our ideals. Turning first to the altered geography of power, it is an often-stated fact that the old economic order is being transformed and that what were once labelled emerging economies are now, in many cases, global economic players. The distribution of military power, too, is altering, so power is being wielded in different places and in different ways. This power shift requires us to reform our international institutions, to reinforce the rule of international law, and to free up international trade. In recent years, our multinational institutions