Addressing the Decision-Making Process at the Global Level and Multilateralism

In the new global order, some items are likely to give new impetus to multilateralism: the growingdiscontent in the increasing activity linked to global governance and the slow pace of reform, the emergenceof new powers and their impact to the system, global financial crisis and other issues of global concern. Eachof these have an impact on the issue of multilateralism and international responses are given according to therole of each part. This paper aims to underline the role of multilateralism as form of international cooperationand the link with global economic governance. It has been tried to emphasizing the concepts alreadydeveloped by known researchers in the field. The approach is a more theoretic one done in a comparativemanner with emphasis on results and future research. The key results are related to pros and cons ofredefining the paradigm of multilateralism. The implications are varied in terms of studying the concepts andaddresses researchers in the field, but also lecturers and students. The main added value is the comparedapproach of the old multilateralism and the new one and its formal relationship with the global economicgovernance