日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / International / Opinion Tools: Save | Print | E-mail | Most Read | Comment
Chinese in top job at World Bank
Adjust font size:

Like the appointment of Lin, these events herald the arrival of China not only at the center of the global economy, but in the very heartlands of American financial power. With the American economy now facing the prospect of a prolonged recession and the Chinese economy likely to escape its worst effects, the process of US decline and China's rise is likely to be foreshortened.

It would be naive to think that Lin's appointment will result in a major shift in the policies of the World Bank. The latter will still be a creature of Washington. But nor will it be possible for Lin's voice to be ignored. And if that is true now, it will become increasingly the case in the future.

There is a growing crisis of representation in the major bodies of international economic governance the IMF, World Bank and G8. The Western countries that dominate them, along with Japan, account for a declining share of global economic activity, and, with the rise of countries like China and India, that proportion is destined to fall rapidly over the next two decades.

But if these countries are to be allowed their voice, as surely in time must happen, then the priorities and policies of these bodies are bound to change as greater weight is given to the interests of the developing world, rather than the developed world. Escalating food prices and their impact on the world's poor would be a good place to start. The World Bank, like the IMF, is likely to become the site of growing rivalry between the developing and developed worlds.

However, in the longer run it is not at all clear what will become of the World Bank or the IMF as opposed to the G8, which could easily change at some point by ditching those who have little case to be there (for example, Italy and Canada), and adding China and India (and, in due course, Brazil and South Africa). A key question, however, is how China will perceive the World Bank and the IMF in the longer term.

Already its own aid program for African countries considerably outdistances what the World Bank contributes to the continent. As the Chinese economy grows ever larger, its potential for offering economic aid to Africa, and indeed other parts of the developing world, could far exceed the parsimonious contribution on offer from the World Bank.

Over the past decade, China has shown great eagerness to be seen as a full-fledged member of multilateral bodies. There are questions that might still be some way off, but they demonstrate just how fundamentally China's rise will change our Western-made world. 

(China Daily via The Guardian June 3, 2008)

     1   2   3  


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- WB names Chinese economist as vice president
- Zoellick: World Bank ready to help China quake victims
- World Bank grants loans to China's Silk Road
- World Bank seeks China's joint efforts in African development
- World Bank report advises China to optimize FDI utilization
- World Bank funds SW China highway project
Most Viewed >>
- Rising food, fuel prices to top G8 summit agenda
- Obama wins nomination, makes history
- China, India to discuss border issue
- EU urged to recognize China's market economy
- Bomb targets Danish Embassy, 6 killed
> Korean Nuclear Talks
> Reconstruction of Iraq
> Middle East Peace Process
> Iran Nuclear Issue
> 6th SCO Summit Meeting
Links
- China Development Gateway
- Foreign Ministry
- Network of East Asian Think-Tanks
- China-EU Association
- China-Africa Business Council
- China Foreign Affairs University
- University of International Relations
- Institute of World Economics & Politics
- Institute of Russian, East European & Central Asian Studies
- Institute of West Asian & African Studies
- Institute of Latin American Studies
- Institute of Asia-Pacific Studies
- Institute of Japanese Studies
主站蜘蛛池模板: 连江县| 比如县| 聂拉木县| 象州县| 红原县| 彰武县| 安国市| 榆社县| 青海省| 漳平市| 镶黄旗| 淮滨县| 治多县| 宜兴市| 平阳县| 遂溪县| 龙陵县| 竹北市| 南和县| 无锡市| 明溪县| 曲阳县| 乡宁县| 牙克石市| 河东区| 新绛县| 城市| 贵德县| 镇康县| 林甸县| 定结县| 丁青县| 新沂市| 新和县| 蚌埠市| 田阳县| 隆林| 股票| 乌鲁木齐县| 定兴县| 灯塔市|