International Monetary Fund

International Monetary Fund (English: International Monetary Fund is in accordance with the July 1944 Bretton Woods conference signed the "Agreement of the International Monetary Fund", in December 1945 in Washington, D.C., on the establishment of 27.And the World Bank was established at the same time, is ranked as one of the world's major financial institutions, whose duties are to monitor currency exchange rates and trade situation, providing technical and financial assistance in order to ensure that the global financial system was functioning properly.With its headquarters in Washington.We hear a lot of the special drawing right (sdr), the group that organized in 1969 of the creation.The International Monetary Fund on April 6, 2015 Morning an official communique was issued, and in the Official Journal, IMF President Christine Lagarde confirmed that Greece had agreed in April 9, 2015, repay its liability for the IMF loan expires.2015 - 11 - 30, and the International Monetary Fund (IMF), the Board decided to include the yuan in the SDR basket.1 October 2016, the International Monetary Fund (IMF) official foreign exchange reserves in yuan - denominated assets listed in a separate database, to reflect the IMF members of renminbi - denominated reserve holdings.March 31, 2017, published for the first global renminbi foreign exchange reserves holdings.

Development Course

In 1944, the United Nations - sponsored financial conference in bretton woods, new hampshire in the united states held In 1944, the United Nations - sponsored financial conference in bretton woods, new hampshire in the united states held . 1944 until 22 July, the Conference on the establishment of the International Monetary Fund 1944 until 22 July, the Conference on the establishment of the International Monetary Fund .
signed a protocol of the International Monetary Fund chief designer is a member of the Fabian Society, John Maynard Keynes, John Maynard Keynes, and U.S. Deputy Secretary of the Treasury Henry Dick White, Harry Dexter White, 1945, December 27, put it into practice in terms of the agreement 1945, December 27, put it into practice in terms of the agreement .
May 1946, the International Monetary Fund,after the end of World War II as part of the redevelopment of the May 1946, the International Monetary Fund,after the end of World War II as part of the redevelopment of the . on 1 March 1947 officially operate from on 1 March 1947 officially operate from .

Introduction Mechanism

IMF is the highest authority of the Council, by the Member States and sent the deputy director of the bridge consists of one, generally by finance ministers or central bankers took over the reins of the IMF is the highest authority of the Council, by the Member States and sent the deputy director of the bridge consists of one, generally by finance ministers or central bankers took over the reins of the . September meeting, the Council of each individual exercise of their right to vote (to vote by the countries of the size of its paid - up shares of much of the decision); implementation of the Board of Directors is responsible for day - to - day work, the Council entrusted with the exercise of those powers, the 24 - man executive directors, including 8 members of the fund by far the largest of the five countries (America, Japan, Germany, France, UK) and in three other countries (China, RussiaSha September meeting, the Council of each individual exercise of their right to vote (to vote by the countries of the size of its paid - up shares of much of the decision); implementation of the Board of Directors is responsible for day - to - day work, the Council entrusted with the exercise of those powers, the 24 - man executive directors, including 8 members of the fund by far the largest of the five countries (America, Japan, Germany, France, UK) and in three other countries (China, RussiaSha .
) appointed the remaining 16 executive directors the rest of the group respectively consisting of 16 electoral districts for the election; the Chinese as a separate constituency, also had seats ) appointed the remaining 16 executive directors the rest of the group respectively consisting of 16 electoral districts for the election; the Chinese as a separate constituency, also had seats . executive directors are elected every two years; the president elected by the Executive Board, responsible for the operational work of the IMF for a five - year term, renewable, president of the company. "It's Christine Lagarde, and included four
vice - president of the interim committee is regarded as the world's two large financial institutions (International Monetary Fund's decision and the guidance mechanism vice - president of the interim committee is regarded as the world's two large financial institutions (International Monetary Fund's decision and the guidance mechanism . the Council will be the policy of cooperation and coordination,in particular that development of a medium - term strategic aspects of playing its full role in the committee by the name the Council will be the policy of cooperation and coordination,in particular that development of a medium - term strategic aspects of playing its full role in the committee by the name .
24 24 . IMF executive directors on every year, jointly with the World Bank held annual IMF executive directors on every year, jointly with the World Bank held annual .

Founding The Background

In 1944, the United Nations - sponsored financial conference in bretton woods, new hampshire in the united states In 1944, the United Nations - sponsored financial conference in bretton woods, new hampshire in the united states . held on 22 July, the Conference of the States on the establishment of the International Monetary Fund signed the Agreement of the International Monetary Fund chief designer held on 22 July, the Conference of the States on the establishment of the International Monetary Fund signed the Agreement of the International Monetary Fund chief designer .
is a member of the Fabian Society, John Maynard Keynes, John Maynard Keynes, and U.S. Deputy Secretary of the Treasury Henry Dick White, Harry Dexter White, the terms of the agreement to December 27, 1945, 1946 and the formal establishment of the International Monetary Fund,World War II after the end of reconstruction programs, on 1 March 1947 the terms of the agreement to December 27, 1945, 1946 and the formal establishment of the International Monetary Fund,World War II after the end of reconstruction programs, on 1 March 1947 .
sometimes officially operate from the International Monetary Fund, the Bank for International Settlements and the World Bank, is referred to as" the Bretton Woods institutions" sometimes officially operate from the International Monetary Fund, the Bank for International Settlements and the World Bank, is referred to as" the Bretton Woods institutions" . almost all market economy countries, and its financial policies are subject to influence from the three companies almost all market economy countries, and its financial policies are subject to influence from the three companies .

The Aim Of The Organization

The aim of the organization is by means of a permanent mechanism to promote international monetary cooperation, as an international currency for consultations and collaboration provided by the expansion of international trade and balanced development, promotion and retention of employment in the Member States, development of production resources, high levels of real income, as the economic policies of the overarching objective of a stable international currency, the Member States keep it orderly exchange arrangements, and to avoid competitive exchange depreciation; assisting member States in the establishment of a multilateral system of payment of current transactions, and to world trade to eliminate exchange controls on an appropriate guarantee under the conditions, the Fund provides general fund to the Member States on a temporary basis,to have confidence and the opportunity to correct the balance of the offset, while not jeopardizing national or international measures of prosperity; in accordance with the above purpose, the balance of payments of Member States to shorten time, reduce the degree of unbalance etc.

Main Functions

Member States establish an inter - exchange - rate policies and as a regular item of payment and currency conversion aspects of the rules, and monitoring; in terms of the occurrence - of - payments difficulties for Member States when necessary to provide emergency financing, to avoid other countries affected by it; to provide the Member States of the international monetary cooperation and negotiation etc. of a venue for meetings and to facilitate international financial and monetary cooperation; the promotion of international economic integration; the maintenance of international exchange rates among the order; to assist member countries in between, establish a multilateral system of payments, etc.

Aid Mission

The IMF's mission, is in serious financial difficulties of the countries, providing assistance for The IMF's mission, is in serious financial difficulties of the countries, providing assistance for . deficits financed by national funds could propose financial assistance, and even assist in the management of State finances deficits financed by national funds could propose financial assistance, and even assist in the management of State finances .
of recipient countries in need of reform, see the Washington Consensus of recipient countries in need of reform, see the Washington Consensus .

Membership

The IMF's application for accession, will fund the consideration by the Board of Directors of The IMF's application for accession, will fund the consideration by the Board of Directors of . after, the Board will be submitted to the governing committee of the "membership resolution" of the report, the report will recommend that the applicant countries could be in much of the quota, and after, the Board will be submitted to the governing committee of the "membership resolution" of the report, the report will recommend that the applicant countries could be in much of the quota, and .
provisions governing committee after the acceptance of the application, and the country needed to amend the law to confirm the signing of the membership of the file, and promise to abide by the rules of the Fund and provisions governing committee after the acceptance of the application, and the country needed to amend the law to confirm the signing of the membership of the file, and promise to abide by the rules of the Fund and . of the currency of a Member is not fixed to gold (cannot be redeemed for the country's gold) in the Member States" quota "depends on the contributions payable, voting powers, to accept the share of financial assistance,SDR Special Drawing Rights (SDR) and the number of of the currency of a Member is not fixed to gold (cannot be redeemed for the country's gold) in the Member States" quota "depends on the contributions payable, voting powers, to accept the share of financial assistance,SDR Special Drawing Rights (SDR) and the number of .
China is among the founders of the organization's China is among the founders of the organization's . 1980 on Apr. 17, the International Monetary Fund official All - China Women's representation Chinese
in their share of the millions upon millions of SDRs, the global share of 4% (data from 19 June the IMF's official website published data in their share of the millions upon millions of SDRs, the global share of 4% (data from 19 June the IMF's official website published data .) on November 6, 2010 by the International Monetary Fund's programme of reform, China's voting shares had risen 6. 39%
China resume in 1980, with the assistance of the IMF after the seats as one constituency and appointed as an Executive Director of the China resume in 1980, with the assistance of the IMF after the seats as one constituency and appointed as an Executive Director of the . 1991,The organization in Beijing for Establishment of Permanent Representative Office of the International Monetary Fund is 1991,The organization in Beijing for Establishment of Permanent Representative Office of the International Monetary Fund is .
"by 188 countries with the participation of women and plays an important role in facilitating global financial cooperation, strengthening financial stability, promote international trade, assists States in the attainment of high employment and sustainable development", in addition to the Democratic People's Republic of Korea, Liechtenstein, Cuba, Andorra, Monaco, Nauru and Tuvalu, the United Nations and all Member States is the only United Nations Member State is entitled to directly or indirectly, for membership in UNJSPF "by 188 countries with the participation of women and plays an important role in facilitating global financial cooperation, strengthening financial stability, promote international trade, assists States in the attainment of high employment and sustainable development", in addition to the Democratic People's Republic of Korea, Liechtenstein, Cuba, Andorra, Monaco, Nauru and Tuvalu, the United Nations and all Member States is the only United Nations Member State is entitled to directly or indirectly, for membership in UNJSPF .

The Rules Of Procedure

IMF's rules of procedure are very distinctive, perform the weighted voting system to vote IMF's rules of procedure are very distinctive, perform the weighted voting system to vote . consists of two parts, for each country has 250 basic votes votes, and tailored to the paid - up share of the resulting weighted voting consists of two parts, for each country has 250 basic votes votes, and tailored to the paid - up share of the resulting weighted voting .
because of the number of basic votes to the other countries, and therefore in the actual decision plays a role in determining the weighted voting because of the number of basic votes to the other countries, and therefore in the actual decision plays a role in determining the weighted voting . weighted voting rights with States in proportion to the share proceeds paid, while the share is on the basis of a State's gross national income, the degree of economic development, international trade war is a variety of factors determine the magnitude of the current voting rights at the IMF to weighted voting rights with States in proportion to the share proceeds paid, while the share is on the basis of a State's gross national income, the degree of economic development, international trade war is a variety of factors determine the magnitude of the current voting rights at the IMF to .
lay primarily in the US, EU and Japan,China is even worse than for Belgium and the Netherlands the sum of the lay primarily in the US, EU and Japan,China is even worse than for Belgium and the Netherlands the sum of the . The United States is the biggest shareholder in the IMF, with 17. 69% of the share, China accounted for only 4%, which obviously do not accurately reflect the Chinese economy in the world in the light of the increasing importance of this
IMF economic voice and a vote of the States members of the division of traditional practices and the fundamental principles of international law is certainly a perversion of, many in the developing countries' dissatisfaction with the IMF economic voice and a vote of the States members of the division of traditional practices and the fundamental principles of international law is certainly a perversion of, many in the developing countries' dissatisfaction with the . statistics, the number of basic votes once all exceeding 15 percent of IMF voting rights, but because the IMF is enlarged,Now that barely 2% statistics, the number of basic votes once all exceeding 15 percent of IMF voting rights, but because the IMF is enlarged,Now that barely 2% .
2010 China's share from the current 65 per cent and 19 per cent, surpassing, Germany, France, England, behind the US and Japan after 2010 China's share from the current 65 per cent and 19 per cent, surpassing, Germany, France, England, behind the US and Japan after . but, after the reform's 17. 67% share of the U.S. still has a "veto"

Special Power

SDRs special drawing right (SDR), the International Monetary Fund is the creation of a reserve asset and accounting unit, also referred to as" paper gold (Paper Gold "SDRs special drawing right (SDR), the International Monetary Fund is the creation of a reserve asset and accounting unit, also referred to as" paper gold (Paper Gold ". it. That is why it is assigned to one of the Member States to use funds in the Member States in the event of a claim
- of - payments deficit, which is available to the Fund specified by the other Member States of foreign exchange to repay the balance of payments deficit or to repay the IMF loan, and also with the gold convertibility of the yuan as an international reserve currency, like - of - payments deficit, which is available to the Fund specified by the other Member States of foreign exchange to repay the balance of payments deficit or to repay the IMF loan, and also with the gold convertibility of the yuan as an international reserve currency, like . but because it's just an accounting unit, not real money,Special person should be turned into other currencies, cannot be directly used in the trade or trade with but because it's just an accounting unit, not real money,Special person should be turned into other currencies, cannot be directly used in the trade or trade with .
payment because it is the IMF's original ordinary drawing rights as a supplementary, called Special Drawing Rights (SDR) payment because it is the IMF's original ordinary drawing rights as a supplementary, called Special Drawing Rights (SDR) . SDRs are not a tangible currency, it is invisible, but a book asset SDRs are not a tangible currency, it is invisible, but a book asset .
SDRs in the beginning, it is decided by the value of gold, special drawing rights provisions was 35 equals 1 oz. of gold, i.e. with the USD equivalent of the on December 18, 1971, the devaluation of the dollar for the first time, while the Special Drawing Rights (SDR) of gold is not moving,Thus 1 SDR it rose to 1. $08571
1973 - February 12, second devaluation the dollar, gold has not changed, 1 SDR again rose to 1. $20635 1973 western currencies from the dollar, and adopted a floating exchange rate, exchange rate changes, particularly the right to draw, cut the dollar remains fixed in each unit equal to 1. 20635, Special Drawing Right of the other currencies, as written in the United States dollar against other currencies is to be cross,Special drawing rights are completely lost independence, caused many countries dissatisfied
20 countries the Commission advocate the use of special drawing rights (SDRs) currency basket as a fixed value of the standard 20 countries the Commission advocate the use of special drawing rights (SDRs) currency basket as a fixed value of the standard . July 1974, the IMF announced formal unpegging of SDRs, a basket of 16 currencies as the allowance of the July 1974, the IMF announced formal unpegging of SDRs, a basket of 16 currencies as the allowance of the .
16 currencies including As of 1972 the first 5 years of world total exports of goods and services accounted for 1% or more of the currency of a Member State 16 currencies including As of 1972 the first 5 years of world total exports of goods and services accounted for 1% or more of the currency of a Member State . with US dollar, German mark, Japanese yen, pound sterling, French franc, the Canadian, Italian lira, Netherlands guilder, belgian franc, Swedish krona,Australian dollar, danish krone, Spanish peseta, the rand, and the Austrian schilling with US dollar, German mark, Japanese yen, pound sterling, French franc, the Canadian, Italian lira, Netherlands guilder, belgian franc, Swedish krona,Australian dollar, danish krone, Spanish peseta, the rand, and the Austrian schilling .
every day according to changes in foreign exchange, announced a special one - time quotation every day according to changes in foreign exchange, announced a special one - time quotation . July 1976 the IMF's currency to a basket of currencies, adjusted to remove the Danish krone and the South African rand and replace it with the saudi riyal and the Iranian rial, the currency to a basket of currencies in which the proportion has made suitable adjustments to the July 1976 the IMF's currency to a basket of currencies, adjusted to remove the Danish krone and the South African rand and replace it with the saudi riyal and the Iranian rial, the currency to a basket of currencies in which the proportion has made suitable adjustments to the .
Sept. 18, 1980, for the sake of simplification of the SDR valuation methods, enhancing the attractiveness of the SDR, the IMF also announced they would form a "basket" of currencies,Five species of western national currencies - the dollar, German mark, Japanese yen, French franc and pound sterling, which in the Special Drawing Rights (SDR) in a proportion of 42%, 19%, 13%, 13%, 13% in 1987, in the currency basket of five currencies weights adjusted sequentially to 42%, 19%, 15%, 12%, 12% in 1987, in the currency basket of five currencies weights adjusted sequentially to 42%, 19%, 15%, 12%, 12% .
therefore actually now a unit of Special Drawing Rights (SDR) contained in the ballast water has been more than a dollar!31 December 2005, IMF currency to a basket of currencies in the SDRs in occupying USD (44%), EUR (34%), yen (11%), sterling (11%), one Special Drawing Rights (SDR) is a 1. $42927 $42927.

Operational Funds

The organization's funding comes from membership quota, The organization's funding comes from membership quota, . members enjoy the Special Drawing Right, push - to - paid - up share a certain proportion of the foreign exchange borrow again members enjoy the Special Drawing Right, push - to - paid - up share a certain proportion of the foreign exchange borrow again .
1969 created special drawing right (sdr), currency (billing) units, as international liquidity is a supplement to relieve some of the members of the international income deficit 1969 created special drawing right (sdr), currency (billing) units, as international liquidity is a supplement to relieve some of the members of the international income deficit . Members have an obligation to provide information on the economy, and foreign exchange policy and management in the organization are accepted by the supervision of the Members have an obligation to provide information on the economy, and foreign exchange policy and management in the organization are accepted by the supervision of the .

Function Of Fund

Foreign Exchange Financing

Member States in balance of payments difficulties, there is a possibility to apply for loan in the amount of foreign exchange funds Member States in balance of payments difficulties, there is a possibility to apply for loan in the amount of foreign exchange funds . but its use is limited to short term economic balance for unbalanced, Member States may make use of the fund of funds, their share of the country up to a limit of 2 times, and within the limit of one year is used only in a share of 25% but its use is limited to short term economic balance for unbalanced, Member States may make use of the fund of funds, their share of the country up to a limit of 2 times, and within the limit of one year is used only in a share of 25% .
later, the Fund has slowly widened by Member States for funding and the limits to cater for practical needs later, the Fund has slowly widened by Member States for funding and the limits to cater for practical needs .

Associated Measures

provisions of the Member States on the exchange rate, the movement of funds and other foreign exchange market intervention: balance of payments of Member States, unless there is a basic imbalance shall be adjusted as desired according to the parity of their currencies and provisions of the Member States on the exchange rate, the movement of funds and other foreign exchange market intervention: balance of payments of Member States, unless there is a basic imbalance shall be adjusted as desired according to the parity of their currencies and . so - called basic imbalance, refers to the region due to seasonal, speculative, short - term economic cycle and other factors, generated international imbalances in so - called basic imbalance, refers to the region due to seasonal, speculative, short - term economic cycle and other factors, generated international imbalances in .
for the movement of funds, the Fund stipulates that the Member States are permitted to fund of funds, for a substantial and sustained capital flight out of payment for for the movement of funds, the Fund stipulates that the Member States are permitted to fund of funds, for a substantial and sustained capital flight out of payment for . such capital outflow, the Member States to regulate, but not thereby hinder economic transaction, verify the outbound payment such capital outflow, the Member States to regulate, but not thereby hinder economic transaction, verify the outbound payment .

Organization Effect

Member States have provided information and recommendations of the action: in China in the early history of the fund, the 1944 Bretton Woods conference in China is one of the 44 participating countries, and as a big country, while the share of the huge, second only to the United States and Britain of 275 $130 billion and $5.5 billion with the United States, Britain, France, India and the inclusion of the countries with the largest share of the 1959 Fund endowment when, due to a variety of reasons, the amount increased, and therefore, cannot be included in the share of the country within a maximum of 5, 1961 alone appoint the Executive Director of West Germany qualified for the Fund endowment when, due to a variety of reasons, the amount increased, and therefore, cannot be included in the share of the country within a maximum of 5, 1961 alone appoint the Executive Director of West Germany qualified for the .
replaced the past,The IMF's eligibility in China by the Kuomintang government representatives of the authorities, since the restoration of the United Nations, the International Monetary Fund in April 1980 by Taiwan authorities to cancel the qualifications for membership and to rebuild our replaced the past,The IMF's eligibility in China by the Kuomintang government representatives of the authorities, since the restoration of the United Nations, the International Monetary Fund in April 1980 by Taiwan authorities to cancel the qualifications for membership and to rebuild our .

Fund Evaluation

For the IMF to take the foreign exchange rate parity regime in such a way that each Member State shall set a domestic currency For the IMF to take the foreign exchange rate parity regime in such a way that each Member State shall set a domestic currency . par fund provided for in Article 4: Members of the parity of the currency, with gold 1 ounce (oz) = 35 par fund provided for in Article 4: Members of the parity of the currency, with gold 1 ounce (oz) = 35 .
$represented countries at an exchange rate to fluctuate, shall not exceed 1% of parity $represented countries at an exchange rate to fluctuate, shall not exceed 1% of parity . 1971 Smithsonian agreement after the establishment of which was at the spot rate of the amplitude fluctuations, has broadened to below 2. 25% of the range, while the decision a "parity" of standards, also replaced by gold SDRs via
As Fund announced the put - call parity,The non - approval of the Fund shall not change the balance of payments of Member States but if As Fund announced the put - call parity,The non - approval of the Fund shall not change the balance of payments of Member States but if . occurs substantially during an imbalance, to the Fund so as to adjust the parity of that parity at occurs substantially during an imbalance, to the Fund so as to adjust the parity of that parity at .
amplitude of 10 percent a year, the Member States on their own after adjustment, by the Fund to give ratification amplitude of 10 percent a year, the Member States on their own after adjustment, by the Fund to give ratification .; if more than 10%), the opening was required before approval of the Fund in order to adjust this ; if more than 10%), the opening was required before approval of the Fund in order to adjust this .
Parity System is" adjustable pegging " Parity System is" adjustable pegging ". although the gold exchange standard quite close to, but fund the affordable, is the Fund with Member States, is determined by the gold exchange standard system is made of the gold content and ratio of the pulse - although the gold exchange standard quite close to, but fund the affordable, is the Fund with Member States, is determined by the gold exchange standard system is made of the gold content and ratio of the pulse - .

The Organization

IMF's organizational structure of the Council, the Executive Board, the director - general and Standing functions like IMF's organizational structure of the Council, the Executive Board, the director - general and Standing functions like .

Council

Council of the IMF, its top decision - making by Member States to appoint one director, one deputy director, for a period of 5 years Council of the IMF, its top decision - making by Member States to appoint one director, one deputy director, for a period of 5 years . directors usually by finance ministers or central bankers, who are eligible to vote directors usually by finance ministers or central bankers, who are eligible to vote .
deputy members of the Council in the absence of the Council have the right to vote deputy members of the Council in the absence of the Council have the right to vote . of the main functions and powers: to approve the admission of new Member States; the approval of the IMF's share of the scale and the allocation of special drawing rights, parity of the currency of the Member States approved the investigation; decide to exit - - with the IMF; - to discuss the major issues in international monetary of the main functions and powers: to approve the admission of new Member States; the approval of the IMF's share of the scale and the allocation of special drawing rights, parity of the currency of the Member States approved the investigation; decide to exit - - with the IMF; - to discuss the major issues in international monetary .
Council each year, usually once a year, generally with the World Bank Annual Meetings, held jointly with the Council each year, usually once a year, generally with the World Bank Annual Meetings, held jointly with the .

Executive Board

IMF Executive Board is responsible for day - to - day operational work of the permanent establishment, the 24 - man executive directors for a term of 2 years IMF Executive Board is responsible for day - to - day operational work of the permanent establishment, the 24 - man executive directors for a term of 2 years . Executive Directors include designated and appointed two directors designated by Executive Directors include designated and appointed two directors designated by .
Unit fundsFund units held by the five States members of the U.S., Britain, Germany and France, to appoint one day, China, Russia and Saudi Arabia to appoint one director elections shall be held alternately by the other Member States appoint the President of the Board of Directors of elections shall be held alternately by the other Member States appoint the President of the Board of Directors of .
execution authority mainly has: the Council commissioned regularly deal with a variety of policy and administrative matters, the Council submit annual and, from time to time the Member States of the economic aspects of the major issues,in particular with regard to the financial aspects of the issue of a comprehensive study of the implementation of the Board of Directors at least once a week execution authority mainly has: the Council commissioned regularly deal with a variety of policy and administrative matters, the Council submit annual and, from time to time the Member States of the economic aspects of the major issues,in particular with regard to the financial aspects of the issue of a comprehensive study of the implementation of the Board of Directors at least once a week . convened three formal meetings, the fulfilment of the agreements of the Fund and of the Council specify the powers of the Board of Directors convened three formal meetings, the fulfilment of the agreements of the Fund and of the Council specify the powers of the Board of Directors .
when required on related issues and vote, according to its executive director representing a State or the rules for electoral districting vote when required on related issues and vote, according to its executive director representing a State or the rules for electoral districting vote . in the executive board and the Council is also arranged between the two institutions: the International Monetary Fund (IMF) and the Council with regard to the international monetary system and the Temporary Committee, hereinafter referred to as the ad hoc committee of the interim committee);Second, the World Bank and International Monetary Fund with regard to the actual transfer of resources to developing countries, as well as the Joint Ministerial Commission, hereinafter referred to as" the Commission "( in the executive board and the Council is also arranged between the two institutions: the International Monetary Fund (IMF) and the Council with regard to the international monetary system and the Temporary Committee, hereinafter referred to as the ad hoc committee of the interim committee);Second, the World Bank and International Monetary Fund with regard to the actual transfer of resources to developing countries, as well as the Joint Ministerial Commission, hereinafter referred to as" the Commission "(.
two development committee, the Commission meets annually for a period of 2 ~ 4 times, the discussion of the international monetary system and development assistance and other major issues, which tend to be the last resolution adopted by the Council of resolution two development committee, the Commission meets annually for a period of 2 ~ 4 times, the discussion of the international monetary system and development assistance and other major issues, which tend to be the last resolution adopted by the Council of resolution . Fund in addition to the Council, the Executive Board, the Provisional Committee and Development Committee, its internal debate the two interest groups, i.e.," Seven "(representing the interests of the developed countries) and" Group 24 "() represents the interests of developing countries, as well as other functions of the Permanent

President

The President is the IMF's chief executive, as its subordinates to assist his work The President is the IMF's chief executive, as its subordinates to assist his work . VP the heads of the IMF's routine, executed by the elected Board of Directors, and is now the Chairman of the Executive Chairman of the Board of Directors for a term of 5 years VP the heads of the IMF's routine, executed by the elected Board of Directors, and is now the Chairman of the Executive Chairman of the Board of Directors for a term of 5 years .
president may attend Council and executive board, but wouldn't normally have the right to vote, only for the voting of the Board of Directors of an equality of votes, it is possible to cast a deciding vote president may attend Council and executive board, but wouldn't normally have the right to vote, only for the voting of the Board of Directors of an equality of votes, it is possible to cast a deciding vote . While the IMF and World Bank are global institutions, but both are still steeped in Western countries under the control of the While the IMF and World Bank are global institutions, but both are still steeped in Western countries under the control of the .
IMF president usually held by the Europeans,while the head is always a US citizen from IMF president usually held by the Europeans,while the head is always a US citizen from . 1944 signed the "Agreement of the International Monetary Fund" was established in December 1945, the date of 10 Europeans as IMF presidents, including 4 1944 signed the "Agreement of the International Monetary Fund" was established in December 1945, the date of 10 Europeans as IMF presidents, including 4 .
Frenchman's first female president of the Washington - based International Monetary Fund (IMF) on June 28, 2011 announces that the French finance minister christine lagarde will assume the post of IMF managing director Christine Lagarde Frenchman's first female president of the Washington - based International Monetary Fund (IMF) on June 28, 2011 announces that the French finance minister christine lagarde will assume the post of IMF managing director Christine Lagarde . nomination, the former deputy governor Zhu Min became the head of the newly added fourth vice president, who will complete his 26th, went to the IMF, who was appointed to the nomination, the former deputy governor Zhu Min became the head of the newly added fourth vice president, who will complete his 26th, went to the IMF, who was appointed to the .

Permanent Functions

IMF has 16, it is responsible for carrying on business activities of the IMF has 16, it is responsible for carrying on business activities of the . In addition, the IMF also has 2 permanent overseas service mechanism, i.e. the Office of the European (Paris) and UNOG

Christine Lagarde

On June 28, 2011, the International Monetary Fund (IMF) announced that the French finance minister Christine Lagarde was elected president and executive board chairman, took the reins in 2011 on 5 July, a five - year term as On June 28, 2011, the International Monetary Fund (IMF) announced that the French finance minister Christine Lagarde was elected president and executive board chairman, took the reins in 2011 on 5 July, a five - year term as . Dominique Strauss - Kahn's successor, Ms. Lagarde would be the IMF since its founding in 1944 from the first is the group's highest paid professional women
IMF in his day for his open letter to Lagarde detailed a series of terms with a IMF in his day for his open letter to Lagarde detailed a series of terms with a . under that provision, a term of five years, its after - tax annual salary is 46. 794 million dollars,In addition also enjoy the annual after - tax 8. 376 million dollars in allowance
her predecessor Dominique Strauss - Kahn Strauss - Kahn's income is higher than the annual salary of 6 for 42 (. 09 million, a year 7. 53 million dollars of allowance), the height of the U.S. President Barack Obama's income disclosure the White House, Obama's pretax annual salary is $400,000, plus $50,000 - a - year tax - free allowance the White House, Obama's pretax annual salary is $400,000, plus $50,000 - a - year tax - free allowance .
1 January 1956 in Paris - born 1 January 1956 in Paris - born . was once the international lawyer and businesswoman, after Dominique de Villepin has been ordered by the invitation of the Government of the French was once the international lawyer and businesswoman, after Dominique de Villepin has been ordered by the invitation of the Government of the French .
from February 2005 to now worked as a French Foreign Trade Minister's office; the French agricultural minister of Fisheries; French Economy, Finance,Employment minister; France's economic, industrial, employment minister; French Economy, Finance, Industry Minister from February 2005 to now worked as a French Foreign Trade Minister's office; the French agricultural minister of Fisheries; French Economy, Finance,Employment minister; France's economic, industrial, employment minister; French Economy, Finance, Industry Minister . is by far, the longest - serving finance minister is by far, the longest - serving finance minister .
Ms Lagarde, former world famous law firm Baker McKenzie law firm for 25 years and worked as a lawyer, to form a partnership, a competent lawyer, Global Executive Committee Member and Chairman of Ms Lagarde, former world famous law firm Baker McKenzie law firm for 25 years and worked as a lawyer, to form a partnership, a competent lawyer, Global Executive Committee Member and Chairman of . "Forbes" magazine in 2009 when it named the world's 100 Most Powerful Women" ranked 17th,"Financial Times" the same year and was rated as the best euro - zone finance ministers "Forbes" magazine in 2009 when it named the world's 100 Most Powerful Women" ranked 17th,"Financial Times" the same year and was rated as the best euro - zone finance ministers .
Lagarde (born January 1956 in Paris Lagarde (born January 1956 in Paris . Lagarde of undergraduate studies in France and the United States completed Lagarde of undergraduate studies in France and the United States completed .
thereafter, Ms. Lagarde attended the University of Paris X and the French Institute of Political Studies, Faculty of Law, Political Science and Law, School of Computer Science at Paris' tenth short university where he taught from in the mid - 1970s, Ms Lagarde, former US Congresswoman, later of Senator and Secretary of Defense William Cohen's office as an intern and in the mid - 1970s, Ms Lagarde, former US Congresswoman, later of Senator and Secretary of Defense William Cohen's office as an intern and .
's early years of study in the US and in American politics as an intern to managing director, Christine Lagarde has mastered english 's early years of study in the US and in American politics as an intern to managing director, Christine Lagarde has mastered english . 1981,Lagarde joined Baker Paris world famous law firm 1981,Lagarde joined Baker Paris world famous law firm .
In the 25 - year career, specializing in the area of labour, antitrust and corporate takeovers of Legal Affairs, 1999, the firm became the first female Chairman of the Executive Committee, 2004 In the 25 - year career, specializing in the area of labour, antitrust and corporate takeovers of Legal Affairs, 1999, the firm became the first female Chairman of the Executive Committee, 2004 . global strategy worked as the Chairman of the Committee in June 2005, Ms Lagarde is France's cabinet in charge of foreign trade of ministerial representatives global strategy worked as the Chairman of the Committee in June 2005, Ms Lagarde is France's cabinet in charge of foreign trade of ministerial representatives .
Sarkozy swept to power in 2007, Ms Lagarde is Sarkozy swept to power in 2007, Ms Lagarde is . June and served as agriculture minister, Sarkozy's Cabinet reshuffle, Ms Lagarde is economic, fiscal and employment minister,Became the first female finance ministers of the Group of Eight countries in June and served as agriculture minister, Sarkozy's Cabinet reshuffle, Ms Lagarde is economic, fiscal and employment minister,Became the first female finance ministers of the Group of Eight countries in .
14 November 2010, Lagarde of Economy, Finance and Industry Minister 14 November 2010, Lagarde of Economy, Finance and Industry Minister . due to address the financial crisis" measures appropriate time and in a series of negotiations on the international financial supervision as well as diplomatic ability and skill in November 2009, the British "Financial Times" named her as" the best euro - zone finance ministers" due to address the financial crisis" measures appropriate time and in a series of negotiations on the international financial supervision as well as diplomatic ability and skill in November 2009, the British "Financial Times" named her as" the best euro - zone finance ministers" .
Lagarde is a man of wide interest, as a teenager, she had served as a member of the French Synchronised Swimming Team, like yoga, scuba diving, swimming and gardening Lagarde is a man of wide interest, as a teenager, she had served as a member of the French Synchronised Swimming Team, like yoga, scuba diving, swimming and gardening . she was a vegetarian, and lifetime alcohol consumption she was a vegetarian, and lifetime alcohol consumption .
Lagarde, who has been divorced, have two sons.25 years old and a 23 - year - old

Strauss - Kahn

Dominique Strauss - Kahn (French: Dominique Strauss - Kahn, a French economist, lawyer, politician, social democratic party, the French Socialists, the former french finance minister Dominique Strauss - Kahn (French: Dominique Strauss - Kahn, a French economist, lawyer, politician, social democratic party, the French Socialists, the former french finance minister . him on 28 September 2007 he was elected to the International Monetary Fund chief Dominique him on 28 September 2007 he was elected to the International Monetary Fund chief Dominique .
on May 14, 2011, the New York Police Department confirmed that Mr. Strauss - Kahn for alleged sexual assault against a hotel maid, are currently in custody in New York City police and questioned by police Friday ,International Monetary Fund (IMF) chief Dominique Strauss - Kahn announced his resignation in April 1949 ,International Monetary Fund (IMF) chief Dominique Strauss - Kahn announced his resignation in April 1949 .
25 neuilly - born in a Jewish family, and spent his childhood in Morocco 25 neuilly - born in a Jewish family, and spent his childhood in Morocco ., later entered the commercial HEC at the College of Technology, majoring in Political Economics, and eventually the common law, an economics doctorate from , later entered the commercial HEC at the College of Technology, majoring in Political Economics, and eventually the common law, an economics doctorate from .
from 1977 to 1980 in Nancy, France university economics professor from 1977 to 1980 in Nancy, France university economics professor . mid 1970s politics, who worked for the communist - led federation of colleges and universities,but subsequently withdrew the federation to join the French left wing of the Socialist Party mid 1970s politics, who worked for the communist - led federation of colleges and universities,but subsequently withdrew the federation to join the French left wing of the Socialist Party .
the co ntry from 1981 to 1986 served as France's economic planning agency, Deputy Director of the National Assembly (1986) the co ntry from 1981 to 1986 served as France's economic planning agency, Deputy Director of the National Assembly (1986) . .
1988 - 1991 under the auspices of the National Assembly finance committee work 1988 - 1991 under the auspices of the National Assembly finance committee work . 1991 through 1993 French Industry Minister, participated in the Uruguay Round of trade negotiations, 1991 through 1993 French Industry Minister, participated in the Uruguay Round of trade negotiations, .
1993 - 1997 worked in the private sector, and worked as a corporate lawyer at 1993 - 1997 worked in the private sector, and worked as a corporate lawyer at . 1997 - 1999, the French finance minister 1997 - 1999, the French finance minister .
from 2000 through 2001 taught economics at Sciences - Po, from 2000 through 2001 taught economics at Sciences - Po,. stanford university and a visiting professor and 1 November 2007, president of the International Monetary Fund stanford university and a visiting professor and 1 November 2007, president of the International Monetary Fund .

Rodrigo Rato

Rodrigo Rato, Garay (Rodrigo de Rato y), 18 March 1949 was born in the Spanish capital Madrid Rodrigo Rato, Garay (Rodrigo de Rato y), 18 March 1949 was born in the Spanish capital Madrid . 1971 graduated from the University of Madrid, a law of 1974 was awarded the M.B. A. from Berkeley, California, in 2003; Madrid University in Economics in 1975
,Rato graduated from UC Berkeley would later served in several private industries ,Rato graduated from UC Berkeley would later served in several private industries . .
1979 entered politics in 1979 and Spain in 1986, the Awami League (renamed the People's Party (PPP) secretary of the Economic Commission for Latin America and the Caribbean in February 1996, Ren Deputy General Secretary of BJP 1979 entered politics in 1979 and Spain in 1986, the Awami League (renamed the People's Party (PPP) secretary of the Economic Commission for Latin America and the Caribbean in February 1996, Ren Deputy General Secretary of BJP . 1996 May of Spain's second deputy prime minister and economy minister 1996 May of Spain's second deputy prime minister and economy minister .
in April 2000, Spain Second Deputy Prime Minister and Economy Minister in April 2000, Spain Second Deputy Prime Minister and Economy Minister . 2003 September Spain's first deputy prime minister and economy minister 2003 September Spain's first deputy prime minister and economy minister .
from 1982 to 2004, Rato is Spain's parliament in the country's economic minister during from 1982 to 2004, Rato is Spain's parliament in the country's economic minister during .,Rato was chosen to represent Spain became the head of the IMF, the World Bank, the Inter - American Development Bank, European Investment Bank and European Bank for Reconstruction and Development with the executive director of the ,Rato was chosen to represent Spain became the head of the IMF, the World Bank, the Inter - American Development Bank, European Investment Bank and European Bank for Reconstruction and Development with the executive director of the .
in 2002, the Spanish presidency of the EU's rotating presidency countries, Rato on behalf of the European Commission in Ottawa, Canada of the Group of 7 finance ministers meeting in 2002, the Spanish presidency of the EU's rotating presidency countries, Rato on behalf of the European Commission in Ottawa, Canada of the Group of 7 finance ministers meeting . Rato was responsible for foreign relations, the year on behalf of Spain attend the Doha, Qatar in 2001 and 2003 in Cancun, Mexico for the WTO Ministerial Conference Rato was responsible for foreign relations, the year on behalf of Spain attend the Doha, Qatar in 2001 and 2003 in Cancun, Mexico for the WTO Ministerial Conference .
4 May 2004,Board of Directors of the IMF's Rato was elected president of the Global 4 May 2004,Board of Directors of the IMF's Rato was elected president of the Global . 7 June 2004, Rato was inaugurated as the successor to the now served as the President of Germany Horst Kohler, the head of the IMF's Article 9 bit 7 June 2004, Rato was inaugurated as the successor to the now served as the President of Germany Horst Kohler, the head of the IMF's Article 9 bit .

Publications

"World Economic Outlook, International Financial Statistics (monthly)," IMF Survey "(weekly)," Balance of Payments Statistics" (monthly), "Government Finance Statistics Yearbook" "World Economic Outlook, International Financial Statistics (monthly)," IMF Survey "(weekly)," Balance of Payments Statistics" (monthly), "Government Finance Statistics Yearbook" .

System Defect

(1) of the IMF organization by the United States and the European Union (2) of the IMF funds and unreasonable allocation of votes in the IMF's major decisions on the United States holds a veto on the IMF's (3) maintain the dollar as the dominant international reserve currency supremacy, ignoring the super - sovereign reserve currency role of the IMF (4) adjusting the balance of international payments capacity is insufficient, causing a global imbalance of international revenue and expenditure(1) of the IMF organization by the United States and the European Union (2) of the IMF funds and unreasonable allocation of votes in the IMF's major decisions on the United States holds a veto on the IMF's (3) maintain the dollar as the dominant international reserve currency supremacy, ignoring the super - sovereign reserve currency role of the IMF (4) adjusting the balance of international payments capacity is insufficient, causing a global imbalance of international revenue and expenditure.

China Profile

China is one of the founding members of the IMF, the People's Republic of China was founded in China after the seats of the taiwan authorities have long been occupied by China is one of the founding members of the IMF, the People's Republic of China was founded in China after the seats of the taiwan authorities have long been occupied by . 1950, premier zhou enlai call the Minister for Foreign Affairs of the IMF, a solemn statement on behalf of the People's Republic of China is the sole legitimate government of China, require the recovery of China's legitimate seat at the IMF 1950, premier zhou enlai call the Minister for Foreign Affairs of the IMF, a solemn statement on behalf of the People's Republic of China is the sole legitimate government of China, require the recovery of China's legitimate seat at the IMF .
however, due to the international political environment, the Chinese representation in the IMF, which had become a chronic problem however, due to the international political environment, the Chinese representation in the IMF, which had become a chronic problem . October 1971, the 26th session of the General Assembly adopted a resolution to restore to the People's Republic of China in the UN,China is restored in the sequence of the specialized agencies of the United Nations under the seats and creating conditions for the October 1971, the 26th session of the General Assembly adopted a resolution to restore to the People's Republic of China in the UN,China is restored in the sequence of the specialized agencies of the United Nations under the seats and creating conditions for the .
in 1978, the Third Plenary Session of the Party with regard to the reform and opening - up of the resolution for the country to accede to the International Finance Corporation to create a favorable environment of interior in 1978, the Third Plenary Session of the Party with regard to the reform and opening - up of the resolution for the country to accede to the International Finance Corporation to create a favorable environment of interior . in January 1979, the Sino - US diplomatic relations, to join organizations of external conditions and finally tends to mature in January 1979, the Sino - US diplomatic relations, to join organizations of external conditions and finally tends to mature .
March 1980, the IMF mission to China to negotiate with us; on 17 April, the IMF Executive Board approved a resolution by the representatives of the Government of the People's Republic of China, restore to China its rightful seat at the IMF staff in August, IMF adopted a resolution,China will share from 5. 5 billion to 12 billion; November, China shares with the IMF's general capital increase is further increased to 18 billion on 5 February 2001, China increased its share to 63. 692 billion, accounting for of the total amount of 2. 98%, rose to No. 8, the right to vote also increased to 2. 95%, China also is thereby achieved that the IMF, separate constituencies of status, so as to have the right to elect their own executive director
2008 IMF reform after China increased its share to 80. 901 billion special drawing rights, a share second only to China, the scale,Human rights questions: human rights questions, including alternative approaches for improving the top - five shareholders, the vote increased to 3.65% in 2010 after the latest round of IMF reform, China became a member of the IMF's third - largest shareholder, the share of SDRs will grow 6. 39%, to vote to rise to as much as 6 2.07%, behind the United States and Japan, the third - biggest country in the world
but, after the reform's 17. 67% share of the U.S. still has a "veto"

China's Cooperation With The IMF

self - restoration of lawful seat at the IMF in the 30 years since the People's Republic of China, although the IMF directly supports a limited number of funds, but the IMF as a country of the world to be an important platform for China to create good external international environment has played a positive role in the self - restoration of lawful seat at the IMF in the 30 years since the People's Republic of China, although the IMF directly supports a limited number of funds, but the IMF as a country of the world to be an important platform for China to create good external international environment has played a positive role in the . What's more, with the world economy's growing influence over the IMF in China has become the international political stage on the way to fulfil the responsibilities that What's more, with the world economy's growing influence over the IMF in China has become the international political stage on the way to fulfil the responsibilities that .
China needs the IMF conditions on the basis of an international economic organization of guidance and help,IMF also needs China, the world's second largest economy, with the support of the China needs the IMF conditions on the basis of an international economic organization of guidance and help,IMF also needs China, the world's second largest economy, with the support of the . relationship between China and the World Bank, as then, governor of the People's Comrade Dai Xianglong said: "China's cooperation with the International Monetary Fund, is bidirectional, equality and cooperation, is a" fruitful cooperation " relationship between China and the World Bank, as then, governor of the People's Comrade Dai Xianglong said: "China's cooperation with the International Monetary Fund, is bidirectional, equality and cooperation, is a" fruitful cooperation ".
" in 30 years, China has twice been obtained directly from the IMF funds in support of " in 30 years, China has twice been obtained directly from the IMF funds in support of . 1981,China to the IMF to borrow 4. 5 billion (about 5. 5 billion) standby arrangement for a stand - by arrangement) and 3. 1 billion (about 3. 8 billion) of trust fund (trust fund) to compensate for time - of - payments deficit is
1986, in response to a year in January nationwide "special economic zones work conference" on the proposed ways for the development of strategies and Comrade Deng Xiaoping in June to hammer the currency issue with the spirit of the speech, a large amount of FDI to China again,in that year to the IMF to borrow 5. 98 billion (about 7. 3 billion) of credit to stand - by arrangements with a view to promoting the economic development of our country on the loans are repaid on time, this also is our country join the IMF indicated that only the two loans on the loans are repaid on time, this also is our country join the IMF indicated that only the two loans .
30 years, the IMF become absorbing advanced management experience of economic and policy dialogue with the rest of the world the important window, it makes China more about the world and to the world a more objective picture of China's IMF Bowden ( 30 years, the IMF become absorbing advanced management experience of economic and policy dialogue with the rest of the world the important window, it makes China more about the world and to the world a more objective picture of China's IMF Bowden (. historian James Boughton) in reviewing the IMF think of the meaning of "For the Chinese,IMF added that the main benefit (in addition to the obtaining or be eligible to join the World Bank) in very broad terms so that china is the international recognition of the financial system, from the narrow sense is the Chinese can be better used that information, data, technical support and training resource " historian James Boughton) in reviewing the IMF think of the meaning of "For the Chinese,IMF added that the main benefit (in addition to the obtaining or be eligible to join the World Bank) in very broad terms so that china is the international recognition of the financial system, from the narrow sense is the Chinese can be better used that information, data, technical support and training resource ".
statements about the policy of reform and opening - up of China, the IMF in a handful of Chinese projects in the transfer of knowledge and ideas are of paramount importance, China to better learn the West and its use of financial resources to support economic development the IMF statements about the policy of reform and opening - up of China, the IMF in a handful of Chinese projects in the transfer of knowledge and ideas are of paramount importance, China to better learn the West and its use of financial resources to support economic development the IMF . also have allowed the reform of, taxation, foreign exchange management system,RMB convertibility and reform measures provided a useful advice, as well as to assist in establishing which conforms to the international standard of the currency and banking statistics and balance of payment statistics, improving the National Accounts Statistics, established a debt monitoring system also have allowed the reform of, taxation, foreign exchange management system,RMB convertibility and reform measures provided a useful advice, as well as to assist in establishing which conforms to the international standard of the currency and banking statistics and balance of payment statistics, improving the National Accounts Statistics, established a debt monitoring system .
IMF technical assistance and to improve the fiscal and monetary policy of our country to develop and operate, modify and perfect the banking regulations and accounting and auditing system, strengthening supervision of financial markets and the development tools, etc. and has made contribution to the IMF My government personnel who provide extensive training to My government personnel who provide extensive training to .
annually in our training courses involving monetary policy,finance and taxation policy, bank supervision, foreign exchange management, balance of payments statistics and macroeconomic management in such diverse fields as annually in our training courses involving monetary policy,finance and taxation policy, bank supervision, foreign exchange management, balance of payments statistics and macroeconomic management in such diverse fields as . training participants in China had reached thousands of people some early training participants in China had reached thousands of people some early .
trainees have become China's financial and financial sector, a senior official of China's annual trainees have become China's financial and financial sector, a senior official of China's annual . also to the IMF in Washington, Vienna and Singapore dispatched dozens of college personnel, at the macroeconomic and financial fields and also to the IMF in Washington, Vienna and Singapore dispatched dozens of college personnel, at the macroeconomic and financial fields and .
refresher on the other hand, this platform through the IMF, China and the rest of the world had a fruitful dialogue and cooperation, let the world better understand China and endorsed the development of the economy every year refresher on the other hand, this platform through the IMF, China and the rest of the world had a fruitful dialogue and cooperation, let the world better understand China and endorsed the development of the economy every year . at the IMF annual meeting,on behalf of the Chinese government will introduce the country's policy stance and development strategies, the international financial field of the hot issues about China's attitude on the part of at the IMF annual meeting,on behalf of the Chinese government will introduce the country's policy stance and development strategies, the international financial field of the hot issues about China's attitude on the part of .
in November 1980, in November 1986 and January 1990, in collaboration with the IMF to hold academic seminars, also held in Hong Kong Special Administrative Region (SAR) of China in the IMF and World Bank annual meetings, those meetings could be enhanced more with the world's trust in November 1980, in November 1986 and January 1990, in collaboration with the IMF to hold academic seminars, also held in Hong Kong Special Administrative Region (SAR) of China in the IMF and World Bank annual meetings, those meetings could be enhanced more with the world's trust . play a positive role in the 1997 Asian financial crisis and the 2007 global financial crisis and other major international economic events,Beijing also through the IMF meetings demonstrated that the Chinese stance play a positive role in the 1997 Asian financial crisis and the 2007 global financial crisis and other major international economic events,Beijing also through the IMF meetings demonstrated that the Chinese stance .
30 years, China in the IMF's role in the gradual transition from the passive receiver is an active participant in the 30 years, China in the IMF's role in the gradual transition from the passive receiver is an active participant in the . funds, China from 1980s to creditors of the debtor, in 1994, the IMF provided a US $billion of loans, support for debt relief over the Heavily Indebted Poor Countries (HIPC) debt adjustment, but also to the interest - subsidized loan account contributions 1200 million); 1997 financial crisis, the Chinese Government in the framework of the IMF loan to Thailand 10 billion; in 1999, China's turn to the IMF contributions 1313 (million),Continue to support the HIPC debt relief plan for the 2005 Indian Ocean tsunami, the government of China has also actively helped the IMF of "post - conflict and natural disaster emergency assistance discount account" cash infusion for assistance is funds, China from 1980s to creditors of the debtor, in 1994, the IMF provided a US $billion of loans, support for debt relief over the Heavily Indebted Poor Countries (HIPC) debt adjustment, but also to the interest - subsidized loan account contributions 1200 million); 1997 financial crisis, the Chinese Government in the framework of the IMF loan to Thailand 10 billion; in 1999, China's turn to the IMF contributions 1313 (million),Continue to support the HIPC debt relief plan for the 2005 Indian Ocean tsunami, the government of China has also actively helped the IMF of "post - conflict and natural disaster emergency assistance discount account" cash infusion for assistance is .
knowledge in China 30 years of reform and opening up of the success to the IMF and showed the world a new model of development, enrich the knowledge system of the IMF; Zhu Min, deputy governor of China's central bank in February 2010 was appointed adviser to the IMF's managing director, IMF can better "respond to all the members of the future challenges, and deepen the IMF Asia and emerging markets." contribute in addition to that, the 2010 IMF reforms, China after the United States, Japan's third - biggest shareholder, the vote share also increased from 0.07 per cent, the IMF's China play an important role in the future are put forward to expect, as the IMF Managing Director Dominique Strauss - Kahn in this round of reforms of the news conference said: "We also strongly believe that the Chinese are aware of the global economy and the responsibility of the"
face the future, China's exchanges and cooperation with the IMF will also further strengthen the yuan's internationalization of the problem might be the next major cooperative topic face the future, China's exchanges and cooperation with the IMF will also further strengthen the yuan's internationalization of the problem might be the next major cooperative topic . 8 May 2010 meeting of the"IMF and China in the international monetary system, the position in the system: restoring the lawful seat of the IMF in China to commemorate the 30th anniversary of the high - level seminar," Nobel Laureate and the father of the euro, Robert Mundell (), Zhou Xiaochuan, governor of the People's Bank of China, the IMF senior representative in the Hong Kong Special Administrative Region of the People's Republic of China for the Il Lee and others have proposed, the IMF's future development should be a more accurate view of the international economic situation changes of the actual situation, should gradually be the next IMF currency - dominated system to a variety of countries, currencies are capable of playing a role in the equalization system,In the global economic and financial decision - making in a more equitable and listen to the voice of developing countries, the IMF currency basket should have the contribution of RMB 8 May 2010 meeting of the"IMF and China in the international monetary system, the position in the system: restoring the lawful seat of the IMF in China to commemorate the 30th anniversary of the high - level seminar," Nobel Laureate and the father of the euro, Robert Mundell (), Zhou Xiaochuan, governor of the People's Bank of China, the IMF senior representative in the Hong Kong Special Administrative Region of the People's Republic of China for the Il Lee and others have proposed, the IMF's future development should be a more accurate view of the international economic situation changes of the actual situation, should gradually be the next IMF currency - dominated system to a variety of countries, currencies are capable of playing a role in the equalization system,In the global economic and financial decision - making in a more equitable and listen to the voice of developing countries, the IMF currency basket should have the contribution of RMB .

China, The Secretary - General

On March 7, 2012, the executive managing director Christine Lagarde announced the appointment of a Chinese employee of Lin Jianhai was the Chair of the Secretary - General of the Organization On March 7, 2012, the executive managing director Christine Lagarde announced the appointment of a Chinese employee of Lin Jianhai was the Chair of the Secretary - General of the Organization . Lin Jianhai was born in 1955 in Zhejiang Wenzhou Leqing Lin Jianhai was born in 1955 in Zhejiang Wenzhou Leqing .
Panshi Town in the 1970s, a graduate from Beijing Institute of Foreign Trade (now the International Business and Economics (UIBE), after studying in the US, and became a Ph.D. in Finance, LLC is an American investment banker to started his career in 1989 in the International Monetary Fund, 2009 was promoted as the "king of rocketry", died in March 2010 that the Secretary - General of the Organization; started his career in 1989 in the International Monetary Fund, 2009 was promoted as the "king of rocketry", died in March 2010 that the Secretary - General of the Organization; .

Li Keqiang Meets With President

On March 18, 2012, in the morning, Chinese Vice Premier Li Keqiang met in Diaoyutai State Guesthouse with the International Monetary Fund Managing Director Christine Lagarde, the International Union for the economic and financial situation in - depth exchange of views on On March 18, 2012, in the morning, Chinese Vice Premier Li Keqiang met in Diaoyutai State Guesthouse with the International Monetary Fund Managing Director Christine Lagarde, the International Union for the economic and financial situation in - depth exchange of views on . say Li Keqiang, the current world economic and financial stability have increased the risks and challenges, some of the country's sovereign debt crisis, in the short term it is difficult to alleviate say Li Keqiang, the current world economic and financial stability have increased the risks and challenges, some of the country's sovereign debt crisis, in the short term it is difficult to alleviate .
of the international community, including the G20, the International Monetary Fund and other multilateral cooperation platform, which should further strengthen coordination and make joint efforts to promote a strong global economy along,sustainable and balanced development in the direction of of the international community, including the G20, the International Monetary Fund and other multilateral cooperation platform, which should further strengthen coordination and make joint efforts to promote a strong global economy along,sustainable and balanced development in the direction of . Li Keqiang appreciates the IMF in emerging markets and developing countries say the efforts of the Li Keqiang appreciates the IMF in emerging markets and developing countries say the efforts of the .
hopes IMF continue to accelerate reforms to enhance the implementation of the global economic and financial stability in the region of the tenet of hopes IMF continue to accelerate reforms to enhance the implementation of the global economic and financial stability in the region of the tenet of . China supports including the IMF, including the international financial institutions in addressing major issues play a major role in, and is willing to continue to be open to participation and promote reforms in the IMF China supports including the IMF, including the international financial institutions in addressing major issues play a major role in, and is willing to continue to be open to participation and promote reforms in the IMF .
Lagarde expressed readiness to further deepen cooperation with China in various fields, " Lagarde expressed readiness to further deepen cooperation with China in various fields, ".

Criticism

At the end of Cold War since the Bretton Woods institutions, the role has been controversial At the end of Cold War since the Bretton Woods institutions, the role has been controversial . critics point out that a bias for the funds that companies have good relations of capitalist military dictator critics point out that a bias for the funds that companies have good relations of capitalist military dictator .
another criticism that the I.M. F. is not recognition of the importance of democracy, human rights and labour rights criticism has become a matter of discussion, the promotion of anti - globalization movement criticism has become a matter of discussion, the promotion of anti - globalization movement .
the opposite view, the International Monetary Fund to boost the country's democratization of limited capacity, and its aim is not to do so the opposite view, the International Monetary Fund to boost the country's democratization of limited capacity, and its aim is not to do so . have supporters pointed out that economic stability is a prerequisite of democracy have supporters pointed out that economic stability is a prerequisite of democracy .
economists have criticized the I.M. F. is the economic aid is" conditionally "to grant:needs of recipient countries to implement the Fund's economic reform suggestion economists think it will hurt the country's social stability, but actually counterproductive economists think it will hurt the country's social stability, but actually counterproductive .
Generally speaking, the I.M. F. and its proponents advocated Keynesianism So, supply - siders typically advocate on behalf of the International Monetary Fund and the IMF that So, supply - siders typically advocate on behalf of the International Monetary Fund and the IMF that .
advocated devaluation, are his supply - side critics will create inflation advocated devaluation, are his supply - side critics will create inflation . against most of the economic globalization of the tissue, e.g. ATTAC, believed that the IMF has deepened the poverty issue,Third World countries and also increases the debt burden of developing countries to oppose the IMF
tissue with completely different stance tissue with completely different stance . for example, supply - siders believe, ATTAC's proposed policies, the sense that the IMF is comparable to that of for example, supply - siders believe, ATTAC's proposed policies, the sense that the IMF is comparable to that of .
Argentina owing to the adoption of the Bretton Woods institutions, the proposed economic policies, the IMF is hailed as the 'model country Argentina owing to the adoption of the Bretton Woods institutions, the proposed economic policies, the IMF is hailed as the 'model country . however, and in 2001 a disastrous financial crisis, many people believe is the initiative by the IMF's austerity budget and privatization of important resource development projects due to the tight budget however, and in 2001 a disastrous financial crisis, many people believe is the initiative by the IMF's austerity budget and privatization of important resource development projects due to the tight budget .
weakened the government maintaining infrastructure, welfare,education service ability of the financial crisis deepening in Argentina weakened the government maintaining infrastructure, welfare,education service ability of the financial crisis deepening in Argentina . were South American countries on the IMF's resentment, they accused the Fund for America's economic problems by were South American countries on the IMF's resentment, they accused the Fund for America's economic problems by .
is responsible for the economic crisis in Argentina, South America, the centre - left government gradually walking route, and strives to move away from commercial enterprises on the economic policy of pressure is responsible for the economic crisis in Argentina, South America, the centre - left government gradually walking route, and strives to move away from commercial enterprises on the economic policy of pressure . another controversial to Kenya another controversial to Kenya .
originally Kenya's central bank took control of the flow of currency, the IMF for assistance, called for a relaxation of monetary policy adjustment after originally Kenya's central bank took control of the flow of currency, the IMF for assistance, called for a relaxation of monetary policy adjustment after . not only foreign investment, but that the corruption of officials in corrosion,Kamlesh had a deficit of billions of Kenya shillings (is) Goldenberg, Kenya's finances worse than before the IMF not only foreign investment, but that the corruption of officials in corrosion,Kamlesh had a deficit of billions of Kenya shillings (is) Goldenberg, Kenya's finances worse than before the IMF .
amends action and affected its reputation, it's oftentimes when the country already suffers a blow to the economic, before reaching for the IMF Actually amends action and affected its reputation, it's oftentimes when the country already suffers a blow to the economic, before reaching for the IMF Actually . assistance, by these countries to economic problems, is usually the result of decades of mismanagement, and do the assistance, by these countries to economic problems, is usually the result of decades of mismanagement, and do the .
mismanagement plunged the country into years of economic troubles, the IMF is now usually provides assistance.And the people's economic collapse and IMF intervention is linked the crime to divert politicians are adept in using nationalism and the bad impression to the people of the IMF, the IMF made a scapegoat for their own politicians are adept in using nationalism and the bad impression to the people of the IMF, the IMF made a scapegoat for their own .
While the IMF was founded to help stabilize the global economy, but since the 1980s, more than 100 countries had experienced the collapse of the banking sector, and GDP fell by over 4 per cent, unprecedented in human history of While the IMF was founded to help stabilize the global economy, but since the 1980s, more than 100 countries had experienced the collapse of the banking sector, and GDP fell by over 4 per cent, unprecedented in human history of . IMF crisis delayed reaction, and to mend the sheepfold of a practice of many economists propose reforming the IMF IMF crisis delayed reaction, and to mend the sheepfold of a practice of many economists propose reforming the IMF .
despite the emergence of an anti - International Monetary Fund censured by the Center for the Study of the survey,More than 60 percent of Asians and Africans believe 70 percent, the IMF and the World Bank for their countries have a "positive" impact of despite the emergence of an anti - International Monetary Fund censured by the Center for the Study of the survey,More than 60 percent of Asians and Africans believe 70 percent, the IMF and the World Bank for their countries have a "positive" impact of . 's documentary "Life and Debt" which criticized the International Monetary Fund described the policy of Jamaica on the impact of 's documentary "Life and Debt" which criticized the International Monetary Fund described the policy of Jamaica on the impact of .

With Distinction Of The World Bank

International Monetary Fund is the main role of the auditor, the work is recording trade between the countries, and among the countries of the region's debt, and unde the auspices of the international monetary and economic policy in regard to the World Bank International Monetary Fund is the main role of the auditor, the work is recording trade between the countries, and among the countries of the region's debt, and unde the auspices of the international monetary and economic policy in regard to the World Bank ., , .
is all about the loans the Bank operates similarly as the investment bank, to companies, individuals or governments to issue bonds and pay the proceeds to lend the IMF's founding is all about the loans the Bank operates similarly as the investment bank, to companies, individuals or governments to issue bonds and pay the proceeds to lend the IMF's founding . recipient nations and are aimed at the stabilization of national currencies, as well as the monitoring of the foreign exchange market recipient nations and are aimed at the stabilization of national currencies, as well as the monitoring of the foreign exchange market .
because the IMF is not a bank, it won't loan because the IMF is not a bank, it won't loan . however, IMF reserves, which the country is borrowing, to in a short period of time to stabilize the currencywas similar to the one used in the current accounts in overdraft however, IMF reserves, which the country is borrowing, to in a short period of time to stabilize the currencywas similar to the one used in the current accounts in overdraft .
must borrow to pay must borrow to pay . 5 years 5 years.

Latest IMF

final settlement of the crisis, must rely on to crisis - stricken countries and the eddies in the effective financial, economic and financial consolidation plan, rather than continuously final settlement of the crisis, must rely on to crisis - stricken countries and the eddies in the effective financial, economic and financial consolidation plan, rather than continuously . for money and we put it out of the head of the IMF's lending capacity is limited, only in partial areas, the specific time to provide the necessary assistance for the global financial system was unable to provide peace of mind of the trust network for money and we put it out of the head of the IMF's lending capacity is limited, only in partial areas, the specific time to provide the necessary assistance for the global financial system was unable to provide peace of mind of the trust network .
like those of the United States, Japan, France and other pivotal, debt level high to economies that are less likely to rely on the IMF itself solve problems like those of the United States, Japan, France and other pivotal, debt level high to economies that are less likely to rely on the IMF itself solve problems . recently, Europe's debt crisis is a series of incidents tied, tensions continued to simmer, andCrisis prospects increasingly elusive recently, Europe's debt crisis is a series of incidents tied, tensions continued to simmer, andCrisis prospects increasingly elusive .
to ease investor fears, frequently in the ECB's bond - market intervention, but the effect is not ideal for all persons, whether legitimate to ease investor fears, frequently in the ECB's bond - market intervention, but the effect is not ideal for all persons, whether legitimate . is a common european bond is the thought that is when the International Monetary Fund (IMF) on Tuesday approved its 60 - year history, the most flexible of the new loan mechanism, aims to better address the needs of the countries responding to the crisis and is a common european bond is the thought that is when the International Monetary Fund (IMF) on Tuesday approved its 60 - year history, the most flexible of the new loan mechanism, aims to better address the needs of the countries responding to the crisis and .
this message effectively and boosted by the euro zone some pressure relief, the euro against the dollar during New York trading fell slightly after rose slightly to this message effectively and boosted by the euro zone some pressure relief, the euro against the dollar during New York trading fell slightly after rose slightly to . on 23 November, the China International Financial Research Institute senior analyst Wang Qiang,Pan Xiangdong, chief economist at China Galaxy Securities, believe that the debt burden on small economies and the moderation of the economy, a move that may be effective to avoid a liquidity crisis and debt default, but Italy, Spain and other heavily indebted economies that were more closely associated with symbolic meaning, which is very difficult to effect for the sake of on 23 November, the China International Financial Research Institute senior analyst Wang Qiang,Pan Xiangdong, chief economist at China Galaxy Securities, believe that the debt burden on small economies and the moderation of the economy, a move that may be effective to avoid a liquidity crisis and debt default, but Italy, Spain and other heavily indebted economies that were more closely associated with symbolic meaning, which is very difficult to effect for the sake of .
So, the IMF needs to take the development of the situation and, in response to the crisis of the loan size and that is further improved, avoiding the market confidence of an unexpected and serious impact So, the IMF needs to take the development of the situation and, in response to the crisis of the loan size and that is further improved, avoiding the market confidence of an unexpected and serious impact . IMF official statements,The new reforms to achieve greater flexibility of the preventive and control liquidity (PLL) to replace previous preventive credit arrangements (PCL) IMF official statements,The new reforms to achieve greater flexibility of the preventive and control liquidity (PLL) to replace previous preventive credit arrangements (PCL) .
new tools can be used to include the risk of future market and short - term liquidity window new tools can be used to include the risk of future market and short - term liquidity window . and the like in accordance with the provisions of the new credit line will be the fluidity is relatively good economic policies of the countries provide the 6 - month loan, up to 5 times the amount of the contribution to Member States, and almost no additional terms and the like in accordance with the provisions of the new credit line will be the fluidity is relatively good economic policies of the countries provide the 6 - month loan, up to 5 times the amount of the contribution to Member States, and almost no additional terms .
at the same time, a new set of reservation and Liquidity Line can also be used for one year to two years of relatively medium - and long - term project, it is up to Member States of the wealth gains of 10 times, this provision was much higher than that of control group with the proviso that,and will be subject to Council review the IMF while the IMF at the same time, a new set of reservation and Liquidity Line can also be used for one year to two years of relatively medium - and long - term project, it is up to Member States of the wealth gains of 10 times, this provision was much higher than that of control group with the proviso that,and will be subject to Council review the IMF while the IMF . the current means of emergency aid (natural disaster emergency assistance and post - conflict emergency assistance) were merged into the new Rapid Financing Instrument (RFI), can be used for a variety of emergency balance of payments support should be offered, including exogenous impact brought by the balance of payments needs the current means of emergency aid (natural disaster emergency assistance and post - conflict emergency assistance) were merged into the new Rapid Financing Instrument (RFI), can be used for a variety of emergency balance of payments support should be offered, including exogenous impact brought by the balance of payments needs .
rapid financing instrument, once approved, shall immediately report it to provide the States members of the fund, the annual quota for the Member States the share of 50%, as a share of the total limit of 100% rapid financing instrument, once approved, shall immediately report it to provide the States members of the fund, the annual quota for the Member States the share of 50%, as a share of the total limit of 100% . IMF Managing Director Christine Lagarde also pointed out that the new tool will make the IMF more rapidly and effectively respond to the crisis, which is beneficial to all members,also is on the way to construction of a global financial safety net of step IMF Managing Director Christine Lagarde also pointed out that the new tool will make the IMF more rapidly and effectively respond to the crisis, which is beneficial to all members,also is on the way to construction of a global financial safety net of step .
'IMF move, Pan Xiangdong, told reporters from the duties of the first aspect, the IMF has an obligation on the debt - ridden euro countries in support of 'IMF move, Pan Xiangdong, told reporters from the duties of the first aspect, the IMF has an obligation on the debt - ridden euro countries in support of ., of course, at this point in time to launch a new lending facility, to a large extent on the European debt crisis and the precarious status of , of course, at this point in time to launch a new lending facility, to a large extent on the European debt crisis and the precarious status of .
in the regional or global stress - aggravated period, a new set of credit can solve the "edge" of the quarter, and tried to prevent the spread of the crisis and in the regional or global stress - aggravated period, a new set of credit can solve the "edge" of the quarter, and tried to prevent the spread of the crisis and . "The IMF, however, did not specify which countries will comply with these conditions,So to actually implement the provisions there "The IMF, however, did not specify which countries will comply with these conditions,So to actually implement the provisions there .
" ". he added as a matter of fact, since the global financial crisis of 2008, including Iceland, Ukraine, Hungary and other countries in the IMF, with the assistance of the abyss moved the pieces away from the disaster, but thanks to he added as a matter of fact, since the global financial crisis of 2008, including Iceland, Ukraine, Hungary and other countries in the IMF, with the assistance of the abyss moved the pieces away from the disaster, but thanks to .
obvious to all, the European sovereign - debt crisis worsened, the economists worried more and more opinions point out that, a new storm being formed, the eurozone recession will last 10 years obvious to all, the European sovereign - debt crisis worsened, the economists worried more and more opinions point out that, a new storm being formed, the eurozone recession will last 10 years . earlier this month, the G20 asked the IMF to establish credit lines to improve the organization of crisis management for the earlier this month, the G20 asked the IMF to establish credit lines to improve the organization of crisis management for the .
Wang believes,European crisis is deepening and the Middle East, North Africa, the economic situation was in turmoil, is the original mechanism of the IMF loan limit, especially in Italy, Spain and France and other large economies may be heading into a crisis at a critical moment in the Wang believes,European crisis is deepening and the Middle East, North Africa, the economic situation was in turmoil, is the original mechanism of the IMF loan limit, especially in Italy, Spain and France and other large economies may be heading into a crisis at a critical moment in the . So, from the current situation is considered, the IMF needs to make the loan size and crisis response on the "action" So, from the current situation is considered, the IMF needs to make the loan size and crisis response on the "action" .
"of course, spent time in expanding its loan provisions, intended to stabilize confidence, pried, more private and international capital to participate in crisis rescue "of course, spent time in expanding its loan provisions, intended to stabilize confidence, pried, more private and international capital to participate in crisis rescue ." Wang Qiang said " Wang Qiang said .
even by expanding its loan to the reserve quota of 10 times, with respect to these two countries in the future,within three years of billions of dollars in debt financing needs, it is still only provide less than 50% of financing help; with respect to the up GDP120% or more in terms of the size of the total government debt, but did little to help the even by expanding its loan to the reserve quota of 10 times, with respect to these two countries in the future,within three years of billions of dollars in debt financing needs, it is still only provide less than 50% of financing help; with respect to the up GDP120% or more in terms of the size of the total government debt, but did little to help the . rapid financing mechanisms was occurring on the political, economic and financial turmoil in the country that will give good results, because in the Middle East, North Africa and other countries, there has been no shortage of external liquidity and funding, and I wanted a stable economic environment rapid financing mechanisms was occurring on the political, economic and financial turmoil in the country that will give good results, because in the Middle East, North Africa and other countries, there has been no shortage of external liquidity and funding, and I wanted a stable economic environment .
Pan Xiangdong, also points out that the organizational framework and the financial strength,the measure is difficult to effect for the sake of the equivalent of the IMF Balance of Payments Pan Xiangdong, also points out that the organizational framework and the financial strength,the measure is difficult to effect for the sake of the equivalent of the IMF Balance of Payments . because of the exchange rate mechanism and the accounting supervision institutions, member States occurs when the balance of payments aid is financed and initial subscribed share, the very limited scale because of the exchange rate mechanism and the accounting supervision institutions, member States occurs when the balance of payments aid is financed and initial subscribed share, the very limited scale .
Still, said Pan Xiangdong, as Europe's debt bailout one of the three main body of the ECB, the European Union), in addition to move that the IMF early on in the Member States to provide the loan percentage, launched an initiative to expand the rescue Still, said Pan Xiangdong, as Europe's debt bailout one of the three main body of the ECB, the European Union), in addition to move that the IMF early on in the Member States to provide the loan percentage, launched an initiative to expand the rescue . scale, and the international community has called for by the IMF to bail - out,is largely driven by expansion in the funds for the IMF to increase its intervention capacity scale, and the international community has called for by the IMF to bail - out,is largely driven by expansion in the funds for the IMF to increase its intervention capacity .
but this inevitably involves voting problems, requiring a complicated procedure, but also in Europe are reluctant to lose its leading role in the IMF. Therefore, there is no real action, making the global economy to the Asia - Pacific region with more than 40 per cent of the consortium has been observe, and the world, financial guru puzzling, Asia - Pacific consortium, Chairman of the Board of Directors and Chief Executive Officer Mu Lin of the right of reply when reporters asked, even unwittingly, tight - lipped about the IMF move suggests it may not change the status quo in the case of increasing Europe's debt bailout efforts even unwittingly, tight - lipped about the IMF move suggests it may not change the status quo in the case of increasing Europe's debt bailout efforts .
Wang Qiang is considered, the final settlement of the crisis, must rely on to crisis - stricken countries and the eddies in the effective financial, economic and financial consolidation plan, rather than continuously Wang Qiang is considered, the final settlement of the crisis, must rely on to crisis - stricken countries and the eddies in the effective financial, economic and financial consolidation plan, rather than continuously . for money and we put it out of the head of the IMF's lending capacity is limited, only in partial areas, the specific time to provide the necessary assistance for the global financial system cannot provide a safety net like for money and we put it out of the head of the IMF's lending capacity is limited, only in partial areas, the specific time to provide the necessary assistance for the global financial system cannot provide a safety net like .
sit back and relax on the United States, Japan, France and other pivotal, high debt economiesMore is not possible to rely on the IMF itself solve problems sit back and relax on the United States, Japan, France and other pivotal, high debt economiesMore is not possible to rely on the IMF itself solve problems . from this perspective, the IMF's efforts in those dangerous warning of systemically important economies, the IMF's maximum capacity is so made that, in solving the debt crisis required takeit from this perspective, the IMF's efforts in those dangerous warning of systemically important economies, the IMF's maximum capacity is so made that, in solving the debt crisis required takeit .
IMF report which acknowledged for the first time the greek rescue failed IMF spokesman Gerry Rice Wednesday said the IMF in helping Greece to tackle its debt crisis in the course of the loan assistance of an erroneous operation, the organization gained experience, and now Greece's economic reforms have contributed IMF report which acknowledged for the first time the greek rescue failed IMF spokesman Gerry Rice Wednesday said the IMF in helping Greece to tackle its debt crisis in the course of the loan assistance of an erroneous operation, the organization gained experience, and now Greece's economic reforms have contributed .

Organized Events

International Monetary Fund (IMF) released the bailed - out Greece's latest evaluation report, alleging that the coalition continues to pursue the reform process is already being felt in the measures of the signs of burnout, and therefore once again calls upon the Government to do more to reform its civil servant system, otherwise, country will be difficult to reach expected objectives of fiscal reform, which results in a need for more belt - tightening action International Monetary Fund (IMF) released the bailed - out Greece's latest evaluation report, alleging that the coalition continues to pursue the reform process is already being felt in the measures of the signs of burnout, and therefore once again calls upon the Government to do more to reform its civil servant system, otherwise, country will be difficult to reach expected objectives of fiscal reform, which results in a need for more belt - tightening action . IMF notes, in that light of the ruling coalition in the 300 - seat parliament in a total of only 2 'majority, after a drubbing in elections to the European Parliament,Therefore, the Government therefore has complicated the reform process in spite of the weakness of the IMF notes, in that light of the ruling coalition in the 300 - seat parliament in a total of only 2 'majority, after a drubbing in elections to the European Parliament,Therefore, the Government therefore has complicated the reform process in spite of the weakness of the .
also in the reason for this, the EU should, whenever necessary to provide Greece with more debt reduction measures, to help it ride out the storm also in the reason for this, the EU should, whenever necessary to provide Greece with more debt reduction measures, to help it ride out the storm . expected in May 2015 after the end of the current aid projects could face 126 million euro gap in funding, 2015 utterly expected revenue may be low as compared to the expected 20 million euros, the equivalent of expected in May 2015 after the end of the current aid projects could face 126 million euro gap in funding, 2015 utterly expected revenue may be low as compared to the expected 20 million euros, the equivalent of .
1% of GDP, total debt as a percentage of GDP, probably in the year predicting a peak of 174 per cent, which will be followed by a decline in 2020 should fall to 128%,2022 is further reduced to 117% 1% of GDP, total debt as a percentage of GDP, probably in the year predicting a peak of 174 per cent, which will be followed by a decline in 2020 should fall to 128%,2022 is further reduced to 117% . 2015 on Nov. 30, and the International Monetary Fund (IMF), the Board decided to include the yuan in the Special Drawing Rights (SDR) currency basket
1 the IMF said in a statement, the Executive Directors on the day of completion of the five - yearly review of the SDR basket that meets the "basket" of all existing standard 1 the IMF said in a statement, the Executive Directors on the day of completion of the five - yearly review of the SDR basket that meets the "basket" of all existing standard . 2016 from 1 October 2005, the renminbi is freely usable currency and the dollar, euro, yen and pound in the SDR basket alongside the 2016 from 1 October 2005, the renminbi is freely usable currency and the dollar, euro, yen and pound in the SDR basket alongside the .
the IMF considered the renminbi "into the basket"basket of currencies that will allow the diverse and more representative of a major global currency, thereby helping to improve the attractiveness of the SDR as a reserve asset the IMF considered the renminbi "into the basket"basket of currencies that will allow the diverse and more representative of a major global currency, thereby helping to improve the attractiveness of the SDR as a reserve asset . IMF currency basket will also be of a weight adjustment is: $41. 73%, the euro accounted for 30. 93%, accounting for RMB 10. 92%), yen (8. 33%, accounting for GBP 8. 09%
IMF Managing Director Christine Lagarde on the day of the Board, said after the currency "basket" of China's economic integration with the global financial system is an important milestone,also for China for the past few years to reform the currency and financial progress of the approved IMF Managing Director Christine Lagarde on the day of the Board, said after the currency "basket" of China's economic integration with the global financial system is an important milestone,also for China for the past few years to reform the currency and financial progress of the approved . 3: 16 Paris IMF office bombing 2017 on March 16, and the International Monetary Fund (IMF), the Office of the explosion, causing a minor injury 3: 16 Paris IMF office bombing 2017 on March 16, and the International Monetary Fund (IMF), the Office of the explosion, causing a minor injury .
2017 31 March, the International Monetary Fund (IMF) published for the first global renminbi foreign exchange reserves holdings 2017 31 March, the International Monetary Fund (IMF) published for the first global renminbi foreign exchange reserves holdings . the IMF announced on the day of the currency composition of official reserves out of the quarter, according to the fourth quarter of 2016, the RMB foreign exchange reserve reached 845. 1 billion,participants in official reserves report the currency composition of its members outside the reserve assets 1. 07%
3 3.

The Scandals

In the former IMF chief Dominique Strauss - Kahn of sexual assault after arrest, according to The New York Times front - page report, the IMF inside the many high - ranking male director preferences and hunting, and let the sackings and the employees afraid to wear dress, not the IMF, actually - is to leave sexual harassment and assault at the In the former IMF chief Dominique Strauss - Kahn of sexual assault after arrest, according to The New York Times front - page report, the IMF inside the many high - ranking male director preferences and hunting, and let the sackings and the employees afraid to wear dress, not the IMF, actually - is to leave sexual harassment and assault at the . refer to entries: Mr. Strauss - Kahn sex scandal

Reform

The IMF's Board of Directors of reform amendment "from local time on January 26, 2016 The IMF's Board of Directors of reform amendment "from local time on January 26, 2016 . The amendment entered into force on the propulsion is that the IMF quota and governance reforms part of The amendment entered into force on the propulsion is that the IMF quota and governance reforms part of .
according to this scheme, the Chinese share from 3. 6% and surging to. 390%, also ranking from sixth to third, overtaking the UK, France and Germany, who is behind the U.S. and Japan's third - largest share of the countries of the IMF, but also Brazil, and Russia would also enter an IMF - 10 investors, increase market emerging in the international financial order in accordance with a representative of reform after the redistribution of quota shares,Ten IMF member countries are: USA, Japan, China, Germany, France, Britain, Italy, India, Russia and Brazil reform after the redistribution of quota shares,Ten IMF member countries are: USA, Japan, China, Germany, France, Britain, Italy, India, Russia and Brazil .
on which America's vote today is close to 17%, but still held more than 15% of the major decisions of veto on which America's vote today is close to 17%, but still held more than 15% of the major decisions of veto . 1 1.

Trade Difference

International Monetary Fund is the main role of the auditor, the work is recording trade between the countries, and among the countries of the region's debt, and unde the auspices of the international monetary and economic policy in regard to the World Bank International Monetary Fund is the main role of the auditor, the work is recording trade between the countries, and among the countries of the region's debt, and unde the auspices of the international monetary and economic policy in regard to the World Bank ., , .
is all about the loans the Bank operates similarly as the investment bank, to companies, individuals or governments to issue bonds and pay the proceeds to lend the IMF's founding is all about the loans the Bank operates similarly as the investment bank, to companies, individuals or governments to issue bonds and pay the proceeds to lend the IMF's founding . recipient nations and are aimed at the stabilization of national currencies, as well as the monitoring of the foreign exchange market recipient nations and are aimed at the stabilization of national currencies, as well as the monitoring of the foreign exchange market .
because the IMF is not a bank, it won't loan because the IMF is not a bank, it won't loan . however, IMF reserves, borrowing allowed countries to stabilize the currency in a short period of time;was similar to the one used in the current accounts in overdraft however, IMF reserves, borrowing allowed countries to stabilize the currency in a short period of time;was similar to the one used in the current accounts in overdraft .
must borrow to pay must borrow to pay . 5 years 5 years.