The United Nations has averted bankruptcy, but its financial and political crisis is far from over. In this episode, GGI's Joachim Koops is joined once again by UN finance expert Dr. Ronny Patz to discuss how the UN was pulled back from collapse, what the cuts mean for its work in the field and around the world, and why the Europeans are rediscovering effective multilateralism. The conversation debunks the myth that budget cuts are mere efficiency gains, looks for the deeds behind Europe's rhetoric, and asks what the future of multilateralism looks like in a world that needs collective problem solving more than ever.