Europe inches towards changed role on world stage

Ministers of the Group of Twenty (G-20) industrialized and emerging market economies agreed at the end of October 2010 on a proposed raft of reforms of the IMF that will shift country representation at the IMF toward large, dynamic emerging market and developing countries.

• Primary Source

ESO: Background information: Waiting for the big call http://www.europeansources.info/record/charlemagne-waiting-for-the-big-call/

ESO: Background information: Germany asks US to give up its IMF veto http://www.europeansources.info/record/germany-asks-us-to-give-up-its-imf-veto/

ESO: Background information: EU bid for more rights at UN suffers surprise defeat http://www.europeansources.info/record/eu-bid-for-more-rights-at-un-suffers-surprise-defeat/

EUObserver, 5.10.10: Chinese leader urges EU to give up more IMF power http://euobserver.com/9/30960

EUObserver, 25.10.10: EU concedes IMF seats in 'historic' shake-up http://euobserver.com/9/31118

IMF: IMF Survey, 23.10.10: G-20 Ministers agree 'Historic’ Reforms in IMF Governance http://www.imf.org/external/pubs/ft/survey/so/2010/NEW102310A.htm

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