July 26, Min Zhu, the International Monetary Fund (IMF) was appointed to the newly created vice president. Chinese people for the first time, the International Monetary Fund (IMF) senior leader. This event is the international voice of some people in China are thought to improve performance. In fact, Zhu Min, IMF is working to protect or defend the interests of louis vuitton purses outlet the Chinese public is not, and Chinese officials are not directly related to China's vital interests. Moreover, including the right to speak at IMF, the international discourse in China, so Chinese people, Min Zhu does not improve spontaneously.
Understand this, the International Monetary Fund (IMF), the natural need to understand the function and related functions. First, the International Monetary Fund (IMF), rather, they are rather than the responsibility of the citizens of member countries from around the world sovereign responsibility of the IMF, an international organization that transcends the employees.
The IMF has a president. President under the current set up to vice chairman and first vice president of the three. In addition to functionality, information, communications, logistics and other functions: the workers are divided into two regions.
Second, in balancing the interests of all countries in cooperation with the IMF is not the place. Fund, the global financial cooperation, facilitate international trade to louis vuitton outlet mall promote financial stability, promote high employment and sustainable economic growth, aims to reduce poverty around the world. The main task of the global economy, loans to member countries of the economic difficulties, monitoring, and to provide technical assistance.
The IMF, in order to fulfill these responsibilities, the warning track in the country's economic health risk horizon line, through the economic surveillance, and provide policy recommendations. One of the most unique and remarkable features is that exchange rate stability and to promote international monetary cooperation.
In the relative size of the global economy, primarily based on Member States limited liability company, the stock system implementation, further, IMF. Therefore, we need to understand the concepts of SDR and the two shared.
Subscription funds that make up the major source of funding of the IMF, the share of IMF member countries to become members of the capital to pay. Share of the economy in general, reflects the size of each member. Equal amount of votes each member has a shared infrastructure will determine the voting rights of member countries, member states also decided to borrow from the SDR allocation and the IMF. The IMF shares the key concepts, or the soul of the IMF. Only in this way is that the U.S. maintains veto power.
SDR is an international reserve asset, the currency is freely available to members of a potential claim. Briefly, the International Monetary Fund (IMF) Special Drawing Rights is "money" in it not correspond to the two shares, the number of members that are subscribed to the capital, have enjoyed a number of special drawing rights The. To configure the SDR basket of currencies, a five-year review by the Executive Committee to consider the effective date of January 1, 2011 the last time. SDR currency basket is currently just four currencies, namely U.S. dollar, euro, pound, yen.
Finally, the increase in China's right to speak at the IMF, in its own sweeping reform of the IMF. Provisions of the Constitution by changing the proportion of the subscription or China, according to the IMF a significant increase in the amount of the subscription of the actual situation, in order to accelerate the pace of globalization or the original, the SDR basket unconditionally to the original value of the currency.
Meanwhile bear the brunt of the IMF, the international monetary system, is one of the most urgent reform of louis vuitton handbags cheap the most important international issues. Since official IMF so good indeed, but there are Chinese people more say in the decision-making power of the IMF, the impact of China, the Ming Zhu is slowly winding indirect .