India's position in the global economy

A compromise

Rope thrown in emerging countries, "discourse" olive branchCoach Madison Hobo 

Agence France-Presse, said Lagarde the end of May has beendiscussed with the leaders of Brazil, the views of the deepening of reform, IMF and promised if elected president, will give more weight to emerging countries.

Indian media said this morning, Lagarde throw the olive branch, India's share in the IMF has increased space. Reported,Lagarde said that given India's position in the global economy, India's share in the IMF should also be increased, the increaserate of 40%. At present, India's share was 2.44% IMF, the current IMF's 187 member countries, the United States holds the largest share is 17.67%.

Lagarde said, "to India, if the accurate representation of their status, we will increase its share of 40%, and its voice will reach the same level. I think this process is ongoing. "

Also reported that, according to Lagarde's statement, IMFshould reflect the actual situation of the global economy now, but also reflect a greater voice in emerging markets.

Lagarde promised that in India, "If I am elected president of theIMF, I am bound to continue the current IMF reform process.Coach Madison Satchel