BRIC leaders: IMF, World Bank has 'legitimacy deficits'

Orlando E. (Brazil)
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Full list of words from this list:

words only definitions & notes
  1. emerging
    coming into existence
    The leaders of Brazil, Russia, India and China called for the hastening of reform that would give these emerging economies more power in the International Monetary Fund and the World Bank.
  2. economy
    the system of production and distribution and consumption
    The leaders of Brazil, Russia, India and China called for the hastening of reform that would give these emerging economies more power in the International Monetary Fund and the World Bank.
  3. emerge
    come out into view, as from concealment
    The leaders of Brazil, Russia, India and China called for the hastening of reform that would give these emerging economies more power in the International Monetary Fund and the World Bank.
  4. summit
    the top or extreme point of something
    "The IMF and the World Bank urgently need to address their legitimacy deficits," the leaders said in a statement released at the second summit of the so-called "BRIC" economies meeting on Thursday in Brasilia.
  5. comprise
    be made of
    The BRIC nations -- a term coined by Jim O'Neill of Goldman Sachs in 2003 as the group of the fastest growing world economies -- comprise 40 percent of the world's population and about a quarter of its landmass.
  6. monetary
    relating to or involving money
    The leaders of Brazil, Russia, India and China called for the hastening of reform that would give these emerging economies more power in the International Monetary Fund and the World Bank.
  7. percent
    a proportion in relation to a whole
    The BRIC nations -- a term coined by Jim O'Neill of Goldman Sachs in 2003 as the group of the fastest growing world economies -- comprise 40 percent of the world's population and about a quarter of its landmass.
  8. participation
    the act of sharing in the activities of a group
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  9. scheduled
    planned for some certain time or times
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  10. schedule
    a list of times at which things are planned to occur
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  11. substantial
    real; having a material or factual existence
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  12. urge
    urge or force in an indicated direction
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  13. foremost
    ranking above all others
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  14. so-called
    doubtful or suspect
    "The IMF and the World Bank urgently need to address their legitimacy deficits," the leaders said in a statement released at the second summit of the so-called "BRIC" economies meeting on Thursday in Brasilia.
  15. develop
    progress or evolve through a process of natural growth
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  16. coin
    a flat metal piece (usually a disc) used as money
    The BRIC nations -- a term coined by Jim O'Neill of Goldman Sachs in 2003 as the group of the fastest growing world economies -- comprise 40 percent of the world's population and about a quarter of its landmass.
  17. release
    grant freedom to; free from confinement
    "The IMF and the World Bank urgently need to address their legitimacy deficits," the leaders said in a statement released at the second summit of the so-called "BRIC" economies meeting on Thursday in Brasilia.
  18. structure
    a complex entity made of many parts
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  19. shift
    move very slightly
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  20. border
    the boundary of a surface
    The BRIC summit -- the second since the group met in Russia last year -- was moved up a day, as Chinese President Hu Jintao cut his trip short to return to China after the earthquake in Qinghai province near the Tibetan border killed more than 700 people.
  21. institution
    a custom that has been an important feature of some group
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  22. fund
    a reserve of money set aside for some purpose
    The leaders of Brazil, Russia, India and China called for the hastening of reform that would give these emerging economies more power in the International Monetary Fund and the World Bank.
  23. require
    have need of
    "Reforming these institutions' governance structures requires first and foremost a substantial shift in voting power in favor of emerging market economies and developing countries to bring their participation in decision making in line with their relative weight in the world economy," the BRIC communiqué said.
  24. population
    the people who inhabit a territory or state
    The BRIC nations -- a term coined by Jim O'Neill of Goldman Sachs in 2003 as the group of the fastest growing world economies -- comprise 40 percent of the world's population and about a quarter of its landmass.
  25. spring
    move forward by leaps and bounds
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  26. similar
    having the same or nearly the same characteristics
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  27. complete
    having all necessary qualities
    The countries urged for voting power reform to give developing countries a larger say in the World Bank at the upcoming "Spring Meetings" on April 24 and 25 in Washington and similar quota reform of the IMF completed by the G-20 Summit scheduled for November.
  28. address
    the place where a person or organization can be found
    "The IMF and the World Bank urgently need to address their legitimacy deficits," the leaders said in a statement released at the second summit of the so-called "BRIC" economies meeting on Thursday in Brasilia.
  29. nation
    a politically organized body of people under a government
    The BRIC nations -- a term coined by Jim O'Neill of Goldman Sachs in 2003 as the group of the fastest growing world economies -- comprise 40 percent of the world's population and about a quarter of its landmass.
Created on 四月 17, 2010

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