globalization of social relations in contemporary history has come an unprecedented expansion of regulatory apparatuses that cover planetary jurisdictions and constituencies. On the whole, however, this global governance remains weak relative to pressing current needs for global public policy. Shortfalls in moral standing, legal foundations, material delivery, democratic credentials and charismatic leadership have together generated large legitimacy deficits in existing global regimes." Proposals and initiatives have been developed by various sources to set up networks and institutions operating on a global scale: political parties, unions, regional authorities, and members of parliament in sovereign states. Formulation and objectives One of the conditions for building a world democratic governance should be the development of platforms for citizen dialogue on the legal formulation of world governance and the harmonization of objectives. This legal formulation could take the form of a Global Constitution. According to Pierre Calame and Gustavo Marin, "[a] Global Constitution resulting from a process for the institution of a global community will act as the common reference for establishing the order of rights and duties applicable to United Nations agencies and to the other multilateral institutions, such as the International Monetary Fund, the World Bank, and the World Trade Organization." As for formulating objectives, the necessary but insufficient ambition of the United Nations Millennium Development Goals, which aim to safeguard humankind and the planet, and the huge difficulties in implementing them, illustrates the inadequacy of institutional initiatives that do not have popular support for having failed to invite citizens to take part in the elaboration process. Furthermore, the Global Constitution "must clearly express a limited number of overall objectives that are to be the basis of global governance and are to guide the common action of the U.N. agencies and the multilateral institutions, where the specific role of each of these is subordinated to the pursuit of these common objectives." Calame proposes the following objectives: instituting the conditions for sustainable development reducing inequalities establishing lasting peace while respecting diversity. Reforming international institutions Is the UN capable of taking on the heavy responsibility of managing the planet's serious problems? More specifically, can the UN reform itself in such a way as to be able to meet this challenge? At a time when the financial crisis of 2008 is raising the same questions posed by the climate disasters of previous years regarding the unpredictable consequences of disastrous human management, can international financial institutions