Why the Rules-Based System Matters for Business — and How to Fix It

The rules-based international system is under strain as recent conflicts and selective enforcement erode consistent application of rules.

The UN Security Council’s 1945 design and veto powers have limited collective action in crises such as Ukraine, Gaza and Iran.

Businesses face higher costs, disrupted supply chains and delayed investment when global rules and predictability weaken.

Many companies are calling for clearer, stable policy frameworks while leaders and commentators urge institutional reform.