WORLD BANK CAPITAL STOCK VOTING SHARE REPORTS
WORLD BANK CHANGING CAPITAL SHARE & REPORTS
WORLD BANK DEVELOPED VS DEVELOPING
WORLD BANK CAPITAL VOTING SHARE REFORMS:
Though the capital stock contribution is not directly connected to voting share, nevertheless it has a say.
- In 2010, voting powers at the World Bank were revised to increase the voice of developing countries, notably China.
- The countries with most voting power are now the United States (15.85%), Japan (6.84%), China (4.42%), Germany (4.00%), the United Kingdom (3.75%), France (3.75%), India (2.91%), Russia (2.77%), Saudi Arabia (2.77%) and Italy (2.64%).
- Under the changes, known as 'Voice Reform – Phase 2', countries other than China that saw significant gains included South Korea, Turkey, Mexico, Singapore, Greece, Czech Republic, Hungary, Brazil, India, and Spain.
- Most developed countries' voting power was reduced, along with a few developing countries such as Nigeria. The voting powers of the United States, Russia and Saudi Arabia were unchanged.
WORLD BANK REPORTS
WORLD BANK CAPITAL VOTING REPORTS;
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