Global institutions no longer reflect reality

Published August 15, 2007

A major power shift is underway in the world today, but there are few signs we are preparing to manage this great transition.

Yet unless we are able to agree on ways to manage the big changes headed our way, such as the rise of China and India, we will have a truly tough time resolving the world's big challenges, from climate change and the threat of new diseases to energy security and global financial...