This research on the international multilateral system has its raison-de-etre in the problems of lack of effective global governance manifested in areas such as global politics, security, economy, environment and others. A fundamental focus of the research is on the latest changes in world politics, including state power shifts, power diffusion from state to non-state actors and the implications of the rapid evolution of globalization over the last two decades, with its proliferating challenges and opportunities. In addition, the research examines reform efforts in multilateral institutions...