When will the IMF dictate MV GDP

China is one of the founding members of the organization. On April 17, 1980, the International Monetary Organization officially restored China's representation. China's share in the organization is 100 million SDRs, accounting for the total share.

China had a total of 34,102 votes, accounting for the total number of votes. Since 1980, when China regained its seat in the monetary organization, it has formed a separate constituency and sent an executive director. In 1991, the organization established a permanent representative office in Beijing.

The International Monetary Fund (IMF) was established on December 27, 1945 in Washington, D.C., in accordance with the International Monetary Fund (IMF) signed at the Bretton Woods Conference in July 1944.

Established at the same time as the World Bank and listed as one of the world's two largest financial institutions, its role is to monitor currency exchange rates and countries**, provide technical and financial assistance, and ensure the normal functioning of the global financial system and deficiencies; Its headquarters are located in Huasheng. The "Special Drawing Rights" we often hear about were created by the organization in 1969.

Founded on December 27, 1945 in Washington.

and the World Complex Bank to calculate the GDP of all countries in the world in a unified manner in US dollars. GDP statistics for countries are calculated in each country's own currency, so conversion is a problem. There are two types of international conversions:

One is converted according to the exchange rate, and the other is converted according to purchasing power. The two are very different. For example, in 2007, China's per capita GDP was calculated by purchasing power and by exchange rate

us:1, i.e., GDP per capita at purchasing power parity is a cup of GDP per capita at exchange rates.

2.Therefore, the difference between the GDP statistics of the IMF and the World Bank is caused by the following two situations: first, the fact that the two institutions have statistical errors and some other unavoidable factors, such as the scope of statistics, in the case of the same conversion standard, are caused by statistical errors and other unavoidable factors (the World Bank and the IMF have different definitions in some economic views).

Two. The conversion standards are different, and the difference you see may be that different conversion standards are adopted. By the way, the IMF and the World Bank each publish two types of data according to two conversion methods, that is, there are a total of four sets of data.

Specifically, after borrowing, the IMF intervenes in the economic policies of borrowing countries, which requires the development process of borrowing countries to first, reduce spending and domestic demand, and second, strengthen export competitiveness. The first process generally requires the reduction of welfare spending, education spending, civil servant salaries, etc., and this process is mentioned in Soros's "Financial Alchemy", which says that the borrowing country must first go through a period of recession.

In fact, many of the loans made by the IMF are not for interest, but for collateral. For example, during the Asian financial crisis, it was hoped to gain control of important industries in some countries, or used important mineral resources as collateral. If it becomes difficult to repay the debt in the future, the collateral becomes the IMF's pocket.

The IMF is different from ordinary banks in that it considers the safety of funds, for the IMF, the funds are always safe, but the interest rate should be higher, or the collateral should be more valuable. Because the IMF has a powerful US Navy behind it.

Are you seeing it in **?

Hello, in principle, the IMF and WBG (World Bank) data are reported by national statistical offices, although there are exceptions, such as Argentina. My country does not fall within the scope of the exception. The IMF database is updated twice a year (usually in April and October, after the biannual IMF meetings).

Important data and ** can be found on the IMF English **.

In 2012, the average Chinese** was $6,094. (Based on the price level and exchange rate in 2011, this value is the latest of the IMF, and since the database is updated at the end of April, it is only a ** value for last year).

Why does it have to be IMF's? The early version of the World Bank's version of the land raid is here.

The U.S. CIA Bureau is here.

Hope that helps.

The functions of the International Monetary Organization (IMO**) are threefold: to establish and monitor the standards of conduct to be observed by member countries with regard to exchange rate policies, current-account-related payments and the convertibility of currencies. Exchange rate supervision is an important function of the International Monetary Organization, the purpose of which is to ensure orderly exchange arrangements and the stability of the exchange rate system, eliminate foreign exchange controls that are not conducive to international development, and prevent member countries from manipulating exchange rates or adopting discriminatory exchange rate policies to seek unfair competitive benefits.

Oppose the use of macroeconomic policies, export subsidies or any other means by member countries to manipulate exchange rates, and oppose the use of differential exchange rate policies (e.g. dual exchange rates, complex exchange rates, etc.) by member countries. Provide the necessary temporary financing facilities to member countries with balance-of-payments difficulties to enable them to comply with the above-mentioned code of conduct and to refrain from adopting economic policies that are detrimental to the economic development of other countries. To provide a venue for member countries to conduct international monetary cooperation and consultation.

In the context of increasing global economic integration and the increasing economic dependence of various countries, it is an important function of the International Monetary Organization to open a venue for consultation and cooperation on international monetary issues.