IMF quota reform is difficult

Kahn said, IM F shares and voting rights reform is a "dynamic" process, in view of China and India and other emerging economies, the development of the current good economic situation, its possible IM F2014 the next round of reform of quota and voting shares to get more right to speak.

Some analysts believe that increased share of developing countries, it also means more responsibility, but also should be wary of the developed countries are required to take similar responsibility. IM F representative of Japan, the governing hands to help Sichuan has pointed out that Japan over the past decade, the average annual ten billion U.S. dollars to developing countries for assistance. This is clearly the responsibility of the current force of many emerging economies, there is no commitment.

At present, China's economic status is rising, IM F improvement in the voice that the world's recognition of China's economic status. However, China ranks third in the world gross domestic product per capita that is only equivalent to about one-tenth of the developed countries. People's Bank of China Governor Zhou Xiaochuan said China has never said I did not take on more responsibility, to support countries hit by the financial crisis, China has subscribed 500 billion IM F bonds.

Held in Gyeongju in South Korea last month, the Group of Twenty Finance Ministers and Central Bank Governors Meeting agreed, IM F in 2012 to include emerging countries, including the representation of more than 6% of the share transfer. According to Agence France-Presse reported that the implementation of IM F program was approved by the Board, the force needs to meet certain conditions, such as by central banks and finance ministers agreed to by most member countries and other legislative bodies for approval. Currently, IM F that would require Member States to speed up the approval process for the 2012 annual meeting of the IMF reform program before the current round of share into effect.