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CGD senior fellow Steve Radelet is quoted in this article about the IMF and World Bank's plans to recognize "the expanding roles and challenges faced by developing nations."
From the article:
"But the fund left to a later day the broader and far more politically tricky task of fundamentally reapportioning the vote shares among countries to fully recognize their evolution within the global economy. Steven Radelet, an economist at the Center for Global Development, which studies issues affecting developing countries, said such a change would more clearly reflect the rise of Asian economies in recent decades, as well as Europe's reduced economic impact."