The idea of a multi-tasking UN women’s agency that is long in teeth (being able to push for women’s rights and gender equality effectively) and well-sourced to deliver programs has been much discussed under the rubric of UN reform. The UN Reform itself came into being after years of the UN system being charged by critics as overly bureaucratic and inefficient. Listed along with sustainable development and human rights, gender was identified as one of those cross-cutting issues which must be an integral part of the UN system.
Since the beginning of the current global financial and now economic crisis the role of the global financial institutions namely the International Monetary Fund and the World bank are under scrutiny. This paper from the Bretton Wood Project raises a number of key issues which any new global financial architecture must address. In among issues such as exchange rates trade surpluses and deficits and other global economic issues, is the important dicussion about local development and the preservation of the global commons.