The constituency system allows some countries to punch above their weight in voting power.
The finance ministers of the BRIC countries want a shift in voting power toward emerging countries that is considerably bigger than anything proposed so far.
Adapting to this new world is not about modest shifts in voting power at the IMF or world Bank Group boards.
China's increase in the quota and voting power in the world Bank and the IMF will enable us to play a more constructive role in improving world economic governance and economic rebalancing.
