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Begium has more votes than Brazil, and China and India have paltry shares. The Economist calls this shamefully shortsighted of the Europeans. It gives Dominique Strauss Kahn, and his Keynesian instincts, a good score for the transformation of the IMF that is underway into a global institution which is friendly to emerging countries. Calls for a change in the quotas at the World Bank and the IMF by emerging market countries.
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BusinessWeek 05.26.2011
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France's Lagarde Named IMF Chief
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New York Times 10.30.2011
Brics Wants World Bank, IMF Reforms
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