At
UN, Slow Pace
of IMF Reform
Noted, Euro
Focus Decried,
FUNCA Full
House
UNITED
NATIONS, April
15, updated
-- At a press
conference on
the “UN and
Global
Economic
Governance” on
Monday, Inner
City Press
asked Mark
Uzan,
Executive
Director of
the Reinventing
Bretton Woods
Committee,
about the
International
Monetary Fund
quota reforms
which have
been delayed
by
the United
States.
Uzan's
answer, now on
UN Television
archives,
noted that
while emerging
countries have
gone from
debtor to
creditor, the
IMF's biggest
clients now
are in Europe.
This must
change things.
But
what the US is
proposing is
simply
accounting
differently
for the $63
billion it's
supposed to
pay. These was
discussed
between the
IMF's
Christine
Lagarde and
Obama's
Treasury
Secretary,
former
Citigrouper
Jack Lew. Some
reform.
At
the press
conference,
sponsored by
the Permanent
Mission of the
Republic of
Kazakhstan to
the UN and
featuring, in
Russian, Murat
Karimsakov,
Chairman of
the the
Executive Body
of "Eurasian
Economic Club
of Scientists"
Association,
the two other
questions
asked were
both by other
members of the
Free
UN Coalition
for Access,
about common
currencies and
the European
Union. The
dying
UN
Correspondents
Association,
now known as
the UN's
Censorship
Alliance, was
nowhere to be
found.
Inner
City Press
will be
covering this
week's IMF -
World Bank
meetings,
and FUNCA will
be advocating
to both.
For
those
physically at
the meetings in
DC,
we
recommend:
“IMF reform in
developing
country
perspective:
legitimacy,
policy and
roles of the
Fund,”
(co-sponsors
Bretton
Woods Project,
REBRIP, Third
World Network,
Public
Services
International),
April 19, 2013
from 4 pm -
5:30 pm at the
World Bank,
1818 H Street,
NW Washington,
DC in Room MC
C1-110. Watch
this site.
* * *
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