Thoughts from Klaus Schwab*:
1) A global system for the 21st century must foster cooperation. We’re all in this together. Governments, businesses and civil society cannot do it on their own.
2) A global system must approach challenges in a systemic, integrated way. We also have to establish the necessary interlinkages to create coherence. We need fixable networks- more heterarchies and fewer hierarchies.
3) The system should be strategic and not crisis-driven. We must adapt to a changing world, not defend outdated models.
4) A global system must continually demonstrate legitimacy; it must include objectives and concrete results.
5) Our global governance system must embrace the notion of global citizenship. Solutions to truly global challenges, such as climate change. We need to develop a Charter of Human Rights and expand the notion to include responsibilities.
*Klaus Schwab is the founder and executive chairman of the World Economic Forum
