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UN Role to change from "advice," to "implementation"

Fritz Wuehler
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In the book of Jeremiah, the prophet tells of the pending invasion of Judah
by the Babylonian king, Nebuchadnezzar. He records, “the snorting of horses
was heard in Dan.” Can you imagine an invasion of that kind? You have been
warned by reports that there is an invading army on the way. As they get
closer you can feel the ground move as the multitude of well-trained soldiers
and galloping horses get closer to your city. You are strangely aware that
your world is going to change forever as you hear the snorting get louder.

That is how I felt fourteen years ago when I read the 1994 United Nations
Development Report. I was absolutely shocked to read the Special Contribution
entitled “Global Governance for the 21st Century” by the 1969 Nobel Prize for
Economics, Jan Tinbergen. He wrote,
Mankind’s problems can no longer be solved by national governments. What is
needed is a World Government. This can best be achieved by strengthening the
United Nations system. In some cases, this would mean changing the role of UN
agencies from advice-giving to implementation. But some of the most important
new institutions would be financial—a World Treasury and a World Central
Bank. Just as each nation has a system of income redistribution, so there
should be a corresponding ‘World Financial Policy’ to be implemented by the
World Bank and the World Central Bank. Some of these proposals are, no doubt,
far-fetched and beyond the horizon of today’s political possibilities. But
the idealist of today often turns out to be the realists of tomorrow.

In that report, it also laid out the changes to be made to the international
level of government in order to complete the necessary powers: They included:

A World Central Bank which should have five functions: (1) stabilize global
economic activity, (2) lender of last resort to financial institutions, (3)
calm jittery financial markets, (4) regulate financial institutions and (5)
create and regulate new international liquidity....

story continues

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