The United Nations in Global Economic Governance

A/RES/71/327View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, under agenda item 123b Central role of the United Nations System in global governance, published in 2016.

What other versions does this mandate have?

2 versions · 2013–2017

Year	Symbol	Title	Word length	Text similarity
2017	A/RES/71/327	The United Nations in global economic governance	1,328	45%Compare
2013	A/RES/67/289	The United Nations in global economic governance	1,875	–

Who cites this mandate in the budget?

2 entities

Entity	(Sub-)Programme	Title	Total mandates cited	Expenditure
	Subprogramme 9	Financing for sustainable development	22
	Subprogramme 9	Planning and public management for development	6

Historical expenditure covers the complete programme or subprogramme, not this mandate. For an overview of all UN entities and programmes, see UN entities and programmes.

Who cites this mandate in the budget?

2 entities

Entity	(Sub-)Programme	Title	Total mandates cited	Expenditure
	Subprogramme 9	Financing for sustainable development	22	—
	Subprogramme 9	Planning and public management for development	6	—

Historical expenditure covers the complete programme or subprogramme, not this mandate. For an overview of all UN entities and programmes, see UN entities and programmes.

Which reports were submitted under this mandate?

2 reports · 2016–2018

Year	Symbol	Title		Mandate resolution
2018	A/73/356	The United Nations in global economic governance report of the Secretary-General		A/RES/71/327
2016	A/71/378	The United Nations in global economic governance report of the Secretary-General		A/RES/67/289

What subjects does this mandate have?

5 subjects

Development Finance Economic Cooperation Economic Development Governance Sustainable Development

What’s in this document?

12 operative paragraphs

Takes note of the report of the Secretary-General;⁶

⁶A/71/378.

Reiterates the need for inclusive, transparent and effective multilateral approaches to managing global challenges, and in this regard reaffirms the central role of the United Nations system in ongoing efforts to find common solutions to such challenges, in the spirit of win-win cooperation, and to create a community of shared future for humankind, based upon our common humanity;

Recognizes the important role of the United Nations in providing an intergovernmental forum, including through international conferences and summits, for universal dialogue and consensus on global challenges, with the participation of relevant stakeholders, including from the private sector, civil society and academia;

Reaffirms the central position of the General Assembly as the chief deliberative, policymaking and representative organ of the United Nations, as well as the role of the Assembly in global matters of concern to the international community, as set out in the Charter of the United Nations;

Also reaffirms the value of multilateralism to the global trading system and the commitment to achieving a universal, rules-based, open, non-discriminatory and equitable multilateral trading system under the World Trade Organization that contributes to growth, sustainable development and employment generation in all sectors, emphasizes that bilateral and regional trading arrangements should contribute and be complementary to the goals of the multilateral trading system, and looks forward to the Eleventh Ministerial Conference of the World Trade Organization, to be held in Buenos Aires from 10 to 13 December 2017, and its outcome;

Recognizes the need to continue to enhance the coherence and consistency of the international monetary, financial and trading systems and the importance of ensuring their openness, fairness and inclusiveness as complements to national development efforts to ensure sustained, inclusive and equitable economic growth and the achievement of the internationally agreed development goals, including the Sustainable Development Goals;

Reaffirms the importance of broadening and strengthening the participation of developing countries in international economic decision-making and norm-setting, notes in this regard the important steps taken on the reform of the governance structures, quotas and voting rights of the Bretton Woods institutions, which go in the direction of better reflecting current realities and enhancing the voice, the participation and the voting rights of developing countries, and recognizes the importance of continuing such reform processes in an ambitious and expeditious manner in order to deliver more effective, credible, accountable and legitimate institutions;

Recognizes the importance and benefits of continuing interaction among the United Nations, in particular the General Assembly and the Economic and Social Council, and international and regional forums, organizations and groups dealing with global matters of concern to the international community, as appropriate, and underlines in this context the importance of flexible and regular interaction between the United Nations and intergovernmental groupings that make policy recommendations or take policy decisions with global implications, including the Group of 20;

Welcomes the practice of informal engagement between the United Nations and intergovernmental groupings that make policy recommendations or take policy decisions with global implications, including the Group of 20, through informal briefings organized at the initiative of the President of the General Assembly, and in this regard invites the President to continue this practice by inviting appropriate representatives to an interactive dialogue with the membership of the Assembly in order to ensure continuity in their engagement, with a view to promoting transparency and coherence as well as strengthening mutual understanding and cooperation in matters of global economic governance;

Recognizes the importance of the interaction between the Secretary-General and the States members of the General Assembly regarding the participation of the Secretary-General in summits of intergovernmental groupings that make policy recommendations or take policy decisions with global implications, including the summits of the Group of 20, and invites the President of the General Assembly to continue to organize informal meetings for that purpose;

Decides to include in the provisional agenda of its seventy-third session, under the item entitled “Strengthening of the United Nations system”, the sub-item entitled “Central role of the United Nations system in global governance”, to be considered thereafter on a biennial basis;

Requests the Secretary-General to submit to the General Assembly at its seventy-third session a report on the implementation of the present resolution, including concrete options for closer interaction between the United Nations and intergovernmental groupings, to be prepared in consultation with Member States and relevant organizations of the United Nations system, taking into account the Sustainable Development Goals and the follow-up processes to all major United Nations conferences and summits in the economic, social and related fields, as appropriate.

Who adopted this document and its mandates?

What other versions does this mandate have?

Who cites this mandate in the budget?

Who cites this mandate in the budget?

Which reports were submitted under this mandate?

What subjects does this mandate have?

What’s in this document?

Table of contents

Who cites this mandate in the budget?