湖北省襄阳五中高三年级五月适应性资料.pptVIP

Re-shaping the Role of Bretton Woods Institutions New Progress, New Trends, New Challenges, and New Directions By ZOU Jiayi World Bank Executive Director for China11 Overview Strengthening global economic governance is a logical and critical response to the development challenges in the context of far-reaching globalization. BWIs remains important pillars of the global economic governance in terms of global aid architecture and international financial architecture. Since Monterrey Conference, new progress achieved, new trend developing, new challenges emerging, calling for new directions of BWIs. New Progress in BWIs Major Progress in World Bank Successful IDA15 Replenishment US$ 41.6 billion for IDA15 in total, representing 30% increase over IDA14 in USD 42% increase of donor pledges, the largest expansion in donor funding in IDA history 5 new donors including China,Egypt, reflecting the increasing support from developing countries New Progress in BWIs Major Progress in World Bank New strategic themes under inclusive and sustainable globalization Help to overcome poverty and spur sustainable growth in the poorest countries, especially in Africa Address the special challenges of states coming out of conflict or seeking to avoid breakdown of the state; Develop a competitive menu of “development solutions” for middle income countries, involving customized services as well as finance; Play a more active role with regional and global “public goods”; Support advancing development and opportunity in the Arab World; Foster a “knowledge and learning” agenda across the World Bank Group New Progress in BWIs Major Progress in IMF A package of reform on quota and voice To enhance the voice and representation of dynamic economies and low-income countries Whole package to be accomplished by the 2008 Bank-Fund annual meeting 4 countries got quota increase in the 2006 Singapore Resolution as the first step of the reform Review on quota formula as the second step is underw