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  1. G20's promises prove to be hot air

    Posted May 05th 2009, 12:00am by Kevin Rafferty

    ... of a US$500 billion boost of the IMF's resources, to be used in emerging economies, plus a US$250 billion increase in the fund's special drawing rights. Neither deal was finalised in Washington. Plans to allow the IMF to sell some of its gold holdings and to use the US$5.2 billion in profits to help the world's poorest countries also failed to reach agreement. As it stands, ...

    http://www.scmp.com/article/679098/g20s-promises-prove-be-hot-air
  2. Beijing urged to join forces at G20 for debt rules

    Posted Aug 11th 2011, 12:00am

    ... in the mainland's investment sector, said Beijing should team up with others to push for global disciplinary action over sovereign debt. 'The IMF should set a limit of a country's net sovereign ... unilateral approach. Beijing should forge a coalition with other countries facing similar problems and try to work within established international frameworks such as the G20 and IMF. Lu agreed: ...

    http://www.scmp.com/article/975866/beijing-urged-join-forces-g20-debt-rules
  3. G30-something too diverse to succeed

    Posted Mar 31st 2009, 12:00am by Kevin Rafferty

    ... of the second world war that there has been a global contraction. The IMF is slightly less pessimistic, expecting only a 0.5 per cent contraction. But there are plenty of ominous signs. World trade, ... to the IMF and the World Bank; and what part the two should play in a reformed international financial system. The G20 boasts that its members account for 85 per cent of global output. In striving ...

    http://www.scmp.com/article/675232/g30-something-too-diverse-succeed
  4. Balancing act for great schmoozer

    Posted Jan 04th 2011, 12:00am by Kevin Rafferty

    ... of the World Bank and IMF, WTO and the rest of the UN alphabet soup. Yes, this is intended as mockery of the lack of imagination of world leaders yet their constant wish to grandstand ... The IMF emerged from the financial crisis with its stature enhanced, but unfortunately Beijing's view is not that the IMF should have a global vision, and powers to match, ...

    http://www.scmp.com/article/734768/balancing-act-great-schmoozer
  5. The big picture on China's G20 performance

    Posted Apr 06th 2009, 12:00am by Wang Xiangwei

    ... and agreed to crack down on tax havens and hedge funds, were mixed. China was widely praised for its positive contributions to the enlargement of the International Monetary Fund's (IMF) coffers ... of IMF funds, noting that China could have contributed more given that the European Union and Japan each chipped in US$100 billion. As mainland officials have rightly argued, the size of its ...

    http://www.scmp.com/article/675926/big-picture-chinas-g20-performance
  6. Scaling the summit

    Posted Apr 08th 2009, 12:00am by Frank Ching

    ... for a bigger voice. But, it did not insist on a quid pro quo. However, change is coming to the IMF and to the World Bank. Those previously exclusively western preserves, with the former always headed ... economies will gain a bigger voice in the IMF, with the likelihood of both more votes and more seats on the board. In his meeting with Mr Hu, Mr Obama said that international financial institutions ...

    http://www.scmp.com/article/676119/scaling-summit
  7. Welcome aboard G20's junket merry-go-round

    Posted Sep 08th 2009, 12:00am by Kevin Rafferty

    ... to London. The junket merry-go-round goes on to the G20 summit in Pittsburgh later this month, and most of it will travel on next month to the IMF and World Bank annual meetings and G7/G8, this year ... only 19 countries as members, the European Community gets an extra seat of its own- even though four EU countries are members in their own right- and the heads of the IMF and the World Bank ...

    http://www.scmp.com/article/691809/welcome-aboard-g20s-junket-merry-go-round
  8. How to fix a financial Humpty Dumpty

    Posted Nov 15th 2008, 12:00am by Kevin Rafferty

    ... the IMF, World Bank and, they planned, an international trade organisation. That meeting had British economist John Maynard Keynes and American Harry Dexter White to push through their ambitious agenda. Even then, mastermind Keynes complained of, 'a most monstrous monkey house'. Today, there are 185 members of the IMF and World Bank, 192 members of the United Nations, with more ...

    http://www.scmp.com/article/660227/how-fix-financial-humpty-dumpty
  9. Wait and see for China as EU seeks bailout boost

    Posted Oct 29th 2011, 12:00am

    ... such as doing it through the [IMF]. That is the other factor China wants to consider.' Before meeting officials from the Ministry of Finance and the People's Bank of China, Regling said he ...

    http://www.scmp.com/article/983207/wait-and-see-china-eu-seeks-bailout-boost
  10. China backs a new bloc for the world stage

    Posted Apr 14th 2011, 12:00am

    ... in the world economy. But to achieve genuine equality, such as a better distribution of voting rights in the IMF, the bloc would have to unite more developing countries, indicating that China might ...

    http://www.scmp.com/article/965010/china-backs-new-bloc-world-stage

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