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What are the new regulatory rules of the International Monetary Fund?
The IMF's rules of procedure are very distinctive, and a weighted voting system is implemented. The voting right consists of two parts, each member country has 250 basic voting rights and weighted voting rights according to the share paid by each country. Because the basic votes are the same in all countries, the weighted voting right plays a decisive role in actual decision-making. The weighted voting right is directly proportional to the share paid by each country, and the share is determined according to a country's gross national income, the degree of economic development, the degree of international trade before the war and other factors.

At present, the voting rights of the IMF are mainly in the hands of the United States, the European Union and Japan, and China's share is even less than the sum of Belgium and the Netherlands.

The United States is the largest shareholder of the IMF, with a share of 17.69%, while China only accounts for 4%, which obviously cannot accurately reflect the increasing importance of China in the world economy. The IMF's practice of dividing members' right to speak and vote according to their economic strength obviously violates the basic principles of traditional international law and has caused dissatisfaction among many countries, especially developing countries. According to statistics, the basic voting rights once exceeded 15% of the total voting rights of the IMF, but now it only accounts for 2% of the total due to the expansion of the IMF.

In 20 10, China's share will rise from the current 3.65% to 6. 19%, surpassing Germany, France and Britain and ranking behind the United States and Japan. However, the United States, with a share of 17.67% after the reform, still has the "veto power".