Bloomberg observers believe many global institutions, including NATO and UN structures, are steadily losing their former weight and increasingly resemble «zombie» organizations.

The authors draw a troubling parallel between the 1930s and the 2020s, arguing that in both periods, multilateral institutions in the international system began to look like the walking dead. According to Bloomberg, this now applies not only to UN-related bodies, but also to defense alliances such as NATO.

The agency compares the current situation with the League of Nations in the 1930s. At that time, the organization still existed formally, but in practice it no longer had real backing from major powers and could not effectively influence international events.

Bloomberg analysts now place NATO, the WTO, the Treaty on the Non-Proliferation of Nuclear Weapons, the International Criminal Court and various UN structures among the new «zombie» systems. The reason, they argue, is that many countries are increasingly moving away from the principles on which these organizations were originally built.

The agency also notes that international institutions themselves are facing internal crises. As a result, they do not disappear outright, but gradually lose the ability to perform their previous functions. Bloomberg describes this as a kind of «slow euthanasia» of modern global organizations.