IMF chief hails 'new era of collaborative global governance'

The International Monetary Fund took on a bigger global role Sunday as its 186 member nations accepted the mantle of guiding a lasting economic recovery from the 20 largest economies.

The IMF’s steering committee endorsed the Group of 20 summit plan for sustainable growth after the worst economic crisis in decades, including an increase in voting rights of at least five percent for under-represented countries. […]

IMF chief Dominique Strauss-Kahn said the meetings offered “a unique opportunity to reshape the post-crisis world, to usher in a new era of collaborative global governance.”

via IMF chief hails ‘new era of collaborative global governance’ | Raw Story.

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