Guterres says "power is distributed and power is used in our world" ineffectively

At a United Nations news briefing on Sept. 17, Secretary‑General António Guterres said that the composition of the world’s major collective bodies no longer reflects today’s economic landscape, which is increasingly dominated by emerging markets. He argued that this mismatch hampers the ability of groups such as the United Nations Security Council and the institutions created under the 1944 Bretton Woods agreement, including the IMF and World Bank, to function effectively. Citing data that shows a gradual decline in the share of global output held by traditionally developed nations and a rise for countries like China and India, he called for reforms that would adjust voting rights and decision‑making power to align with current economic realities.