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
47
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 Melzer 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 is 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, Staley Fischer. Fischer is not only 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 be 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/rITd777K
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
ChangesinMuseumsMuseumshavechanged.Theyarenolongerplacesthatone"should"visit,theyareplacestoenjoyand
A)rarelyissuccesssomysteriousB)largerewardsfollowC)IeliminatethecandidateD)weshoulddropthemandm
Thesefiguresdonottakeintoaccountthechangesthathavetakenplaceinrecentyears.
FinancialRisksSeveraltypesoffinancialriskareencounteredininternationalmarketing(themajorproblemsincludecomme
NewFoodsandtheNewWorldInthelast500years,nothingaboutpeople—nottheirclothes,ideas,orlanguages—haschangedas
SuccessfulLanguageLearners1.Somepeopleseemtohaveaknackforlearninglanguages.Theycanpickupnewvocabulary,mast
SuccessfulLanguageLearners1.Somepeopleseemtohaveaknackforlearninglanguages.Theycanpickupnewvocabulary,mast
Thereisnohierarichyamongcultures.PeoplethinkthelanguagesofbackwardgroupsarelackingComplexity.
TrafficJams—NoEndinSight1.Trafficcongestion(拥堵)affectspeoplethroughouttheworld.Trafficjamscausesmogindozens
随机试题
治疗非毒性甲状腺肿的主要药物是
患者,男,40岁。右下8近中位阻生,右下7远中颈部可疑龋坏。现拟拔除右下8。如果在拔除右下8时需要翻瓣和去骨,以下一般原则中哪项是错误的
甲投敌叛变后,参加了间谍组织,又被派回大陆刺探情报,对甲的行为应如何认定处罚?()
如果找不到环境质量变动导致的可以观察和度量的结果(不论这种结果能够直接定价,还是需要间接定价),或者评估者希望了解被评估者对环境质量变动的支付意愿或接受补偿意愿,在这种情况下,可通过对受影响者的直接调查,通过分析他们对环境影响的支付意愿或受偿意愿,作为对环
循环经济是指在生产、流通和消费等过程中进行的减量化、()和资源化活动的总称。
如果出票人的签章无效,则该票据无效。( )
下列关于全国人民代表大会代表法律地位的表述,错误的是()。
=____________.
请利用我的电脑窗口,对可移动磁盘“kingston(I)”进行检查,要求自动修复文件系统错误,扫描并恢复坏扇区。
ThenumberkilledintheBradfordCityfootballgrounddisasterhasrisento52;morethan70policeandspectatorshavealsobe
最新回复
(
0
)