国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

PBOC adviser: US clout impedes reform of IMF

By Kevin Yao (China Daily)
Updated: 2011-05-25 10:14
Large Medium Small

BEIJING - Emerging economies should have a say in who should take the helm of the International Monetary Fund (IMF), but overhauling the global agency is more important than the succession issue, an adviser to the People's Bank of China said on Tuesday.

Xia Bin, who sits on the central bank's monetary policy committee, also told Reuters that reform of the IMF will not make significant progress unless the United States is willing to give up its dominant voting share in favor of developing countries.

"It's not an issue of who will be the candidate for the IMF Managing Director. The problem is that the voting share of the United States is too big," he said.

Related readings:
PBOC adviser: US clout impedes reform of IMF Troubled IMF needs changes
PBOC adviser: US clout impedes reform of IMF BRICS calls for end of European dominance on IMF chief
PBOC adviser: US clout impedes reform of IMF IMF's new chief should come from China
PBOC adviser: US clout impedes reform of IMF No agreement yet on new IMF chief

The French Finance Minister Christine Lagarde has emerged as a front-runner to succeed the fund's former managing director, Dominique Strauss-Kahn, but developing economies, with growing their global clout, are keeping the pressure on Europe and the United States to avoid a backroom deal over the appointment.

"The voice of emerging-market economies should be heard, but emerging markets must realize that reform of the global monetary system is a long process," Xia said.

The voting shares reflect the relative size of member countries' economies.

In November, the IMF agreed to boost the voting power of large emerging economies, enabling China to leapfrog Germany, France and Britain in the fund's power rankings, with its quota share rising to 6.19 percent from 3.65 percent.

Under the latest adjustments, the United States remains the IMF's most powerful member, with 17.67 percent of the overall quota, effectively giving it power of veto at the fund.

Xia said he hoped a candidate from China could compete for the IMF job but added that it's unrealistic to expect the country to play a big role in IMF policy decisions anytime soon.

Turning to the domestic issues, Xia said the government is not too concerned about slower economic growth and is likely to maintain its tighter policy to fight inflation.

Reuters

分享按鈕
丘北县| 晋州市| 泌阳县| 屏山县| 山阳县| 兴业县| 溧水县| 宜良县| 修水县| 克拉玛依市| 曲阳县| 巴楚县| 连江县| 昂仁县| 绥中县| 渝北区| 体育| 紫金县| 陵川县| 河源市| 禄劝| 龙海市| 静宁县| 乌拉特后旗| 道孚县| 多伦县| 宜黄县| 璧山县| 玉门市| 北辰区| 松阳县| 汕尾市| 措勤县| 裕民县| 永年县| 张北县| 五大连池市| 湖南省| 北碚区| 大新县| 泸州市|