首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Personnel changes at the International Monetary Fund and proposals for changing the fund have been reported lately. After a leng
Personnel changes at the International Monetary Fund and proposals for changing the fund have been reported lately. After a leng
admin
2009-06-24
98
问题
Personnel changes at the International Monetary Fund and proposals for changing the fund have been reported lately. After a lengthy public debate, the leading countries settled on another German, Horst Kohler, to replace Michel Camdessus as the IMF’s managing director. Unfortunately, the circus-like process began to resemble an affirmative-action procedure when it became clear that a particular nationality—German—was a prerequisite for the job.
Calls for changes at the IMF came in the report from Congress’ International Financial Institution Advisory Commission, led by Allan H. Meltzer. (I was a witness before the commission on issues related to inequality.) The Meltzer Commission’s report surprised me by not advocating abolition of the IMF. The report said: "The commission did not join the council of despair calling for the elimination of one or more of these institutions".
The commission came close to recommending abolition, however, by proposing a new IMF that would be limited to short-term-liquidity assistance to solvent economies, collection and publication of data, and provision of economic advice. The short-term-loan facility would represent a reasonable return to the IMF’s role under the Bretton Woods regime that prevailed until the early 1970s. However, that role expanded greatly in the 1990s, and it is not clear how such further expansion would be avoided under the new setup. So long as the IMF retains access to lots of money, it will be difficult to say no to large, insolvent countries, such as Mexico in 1995 and Russia in 1998. Past mistakes will probably be repeated, and the elimination of the IMF would have been a better choice.
I agree that the IMF’s role in the collection and distribution of data has been useful. An advisory role might also be satisfactory (and some of my friends and former students perform these tasks admirably). This function could be served just as well, however, by nongovernmental institutions. In any event, the demand for the IMF’s economic advice is likely to be low if it is no longer tied to qualifying for some of its loans.
The irony is that the IMF had available the ideal candidate in its deputy managing director, Stanley Fischer. Fischer not only is an outstanding economist but also has a pleasant and effective management style, together with experience at the fund. He also seemed ideal on political grounds because he was born in Africa, previously held a British passport (related to his residencies in the former British colonies of Northern and Southern Rhodesia), and now holds a U.S. passport. Apparently, Fischer’s British passport was not enough to make him European, much less German. Anyway, since my opinion of the IMF’s social value is unfavorable, I probably ought not to back the most capable candidate as managing director.
选项
A、elimination.
B、disappear.
C、abundance.
D、advocacy.
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/CZTd777K
本试题收录于:
公共英语五级笔试题库公共英语(PETS)分类
0
公共英语五级笔试
公共英语(PETS)
相关试题推荐
Itcanbeinferredfromthefirstparagraphthat______.Whichoffollowingisthewritermostconcernedabout?
Itcanbeinferredfromthefirstparagraphthat______.Onecanconcludefromthepassagethatifawomantakesonseveralsoc
Thecityhasdecidedtodoawaywithalltheoldbuildingsinitscenter.
ReadingReadinginvolveslookingatgraphicsymbolsandformulatingmentallythesoundsandideastheyrepresent.Conceptsofre
ReadingReadinginvolveslookingatgraphicsymbolsandformulatingmentallythesoundsandideastheyrepresent.Conceptsofre
A.OtherthreatstotheBeringseaB.Pollack—themostimportantkindofishC.TheproblemsmanycountiesfaceD.HowtoprotectBe
A.OtherthreatstotheBeringseaB.Pollack—themostimportantkindofishC.TheproblemsmanycountiesfaceD.HowtoprotectBe
VolcanoesTherearethousandsofvolcanoes(火山)allovertheworld.Whatmakesvolcanoes?Whathappens?Theinsideoftheearth
CommonProblems,CommonSolutionsThechancesarethatyoumadeupyourmindaboutsmokingalongtimeago—anddecidedit’s
Afterwardstherewasjustafeelingoflet-down.
随机试题
职能型组织的市场营销重点是()
关于三维超声成像的原理下列哪一项正确
男性,28岁,进食后不久呕吐7年,加重半年,吐出物为带有酸臭的食物,钡餐检查见食管扩大,食管下端光滑呈鸟嘴状狭窄。为进一步确诊,排除其他疾病,宜选做下列哪项检查
男性,24岁。既往健康,午睡时出现口角歪斜。查体:左额纹浅。Bell征阳性,左鼻唇沟浅,舌伸居中,其它未见异常。应首先采用的治疗是
女,30岁。乏力、食欲减退、咳嗽1个月,低热、盗汗1周,胸片示有肺上叶尖段片状模糊阴影伴空洞形成。查体未发现阳性体征。若痰找抗酸杆菌阳性,应首选的治疗是
决策权定位于群体的每个成员自己手中,领导只做任务布置,不监督检查,完全由员工自行管理,这样的建设项目负责人属于()领导方式。
中秋节到了,你要给某位朋友送份月饼。商场的月饼多种多样,你会选择()。
《劳动法》规定,集体合同文本须提交()审核,经审核通过后才具有法律效力。(2006年5月二级真题)
肉、禽、蛋等主要副食品与米、面等粮食价格的每次上涨,都会引起社会的广泛关注。客观看,有些价格上涨是合理的,有些上涨是不合理的。对此,政府和城镇居民要理性分析,尤其要善于倾听广大农民的心声,然后予以协调和平衡,使其价格趋于合理。在当今我国城乡二元制没有打破的
我国《民法通则》关于公民的规定不适用于外国国籍的自然人或无国籍的自然人。()
最新回复
(
0
)