Original title:
Vývoj pozice BRICS v hlasováních Mezinárodního měnového fondu
Translated title:
The Development of BRICS position in the International Monetary Fund Decision-Making
Authors:
Gajdoš, Michal ; Parízek, Michal (advisor) ; Kučerová, Irah (referee) Document type: Bachelor's theses
Year:
2015
Language:
slo Abstract:
[eng][cze] This work tries to stress a voting underrepresentation of BRICS countries in the IMF. In the Executive Board of the IMF, what is the most important decision body, there is a voting weight derived from the economic performance of the country. Even though BRICS countries have increased their economic performance in last decades notably, this economic performance has not been transformed into voting weight in the Executive Board of IMF. At the first section I illuminated a function of the IMF and a formula of voting weight that calculates economic power into voting weight. I made an investigation over all variables in this formula and I evaluated dubious composition of the formula. At the second section I compared the dynamics of economic growth on the one hand and the development of voting weight on the other hand. The selection is wide, I compared developed countries, developing (BRICS) and underdeveloped. To do so, I demonstrated various dynamics of growth on the both sides and therefore I was able to conclude which country is underrepresented and which overrepresented in the IMF.Táto práca sa snaží odhaliť potencionálne podreprezentovanie krajín BRICSu v hlavnom rozhodovacom orgáne MMF. Aj keď krajiny zažili v posledných dvoch dekádach bezprecedentný rast hrubého domáceho produktu, táto ekonomická sila sa podľa mojej hypotézy nepremietla do väčšieho hlasu v MMF. Moja práca sa zaoberá MMF, kde sa v hlavnom rozhodovacom orgáne, Výkonnej Rade prepočítava hlasovacia váha na základe ekonomickej sily krajiny. V prvej časti som popísal funkciu MMF, vzorec ktorým prepočítava ekonomickú silu na hlasovaciu váhu. Rozobral som jednotlivé premenné z tohto vzorca a zhodnotil som jeho skladbu. V druhej časti som porovnával ekonomické výkony krajín a hlasovaciu váhu. Do výberu som zaradil rozvojové krajiny, rozvinuté a krajiny BRICSu, aby som tak demonštroval rozmanitosť podreprezentovania, resp. nadreprezentovania skúmaných krajín.
Keywords:
decision-making procedures; developing countries; International Monetary Fund; Mezinárodní měnový fond; rozhodovací procedury; rozvojové země
Institution: Charles University Faculties (theses)
(web)
Document availability information: Available in the Charles University Digital Repository. Original record: http://hdl.handle.net/20.500.11956/65812