We are focusing on the G-20 summit in London, with updates on what's happening, and an in-depth look behind the scenes. Professor Huo Deming from Peking University joins us in the studio to offer his insights.
Guest:
HuoDeming,EconomicsProfessorofPekingUniversity
Video I: Significance of IMF reform
One key topic of this year's summit is reform of the International Monetary Fund. The world has been calling for an increase of International Monetary Fund resources.
Q: Professor, there has been much talk recently about how to reform the IMF. In your opinion, why is it so important to reform the organization?
Q: Professor Huo, reforming the IMF has been discussed for many years. Why do you think reform is so long in coming?
Video II: IMF financing channels
Q: Reform of how the IMF is financed is urgently needed. In your opinion, what is the easiest and most practical way to raise funds for the organization?
Q: Chinese officials have repeatedly said that China will buy bonds issued by the IMF. What's your view on the stance of the Chinese government?
Q: IMF reform has drawn a lot of attention from developing countries, especially the BRIC countries. Do you think these strong voices from new emerging economies will affect the reforms?
Q: The US and EU hold almost half of the voting rights in the IMF. Do you think IMF reform will impact their interests and will they have to give up some voting rights?
Background: IMF
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