Biden's brief window to fix the world's broken institutions | East Asia Forum
Instead of working to fix flaws in the World Trade Organization (WTO), the World Health Organization (WHO), the International Monetary Fund (IMF) and other institutions, Trump either ignored the problem, attacked the institution or withdrew from the institution altogether. He recklessly surrendered one of the most powerful weapons in the US arsenal: the ability to lead in writing global rules and shape global institutions.
Re-writing global rules and reforming the world's institutions isn't easy. Past reforms have been painstakingly difficult. Historically, successful reforms have required at least three things: leadership from the President of the United States, approval from the US Congress (at least when funding is required) and a quorum of major countries that support the change. For the first time in more than a decade, all three pieces of the puzzle could be in place.
