G20 controversial draft focuses on Europe and America should not be submerged voices of developing countries.

<P> 20 Group (G20) on Wednesday released a draft show, G20 member countries to address global financial crisis will be some complacency warning, saying the financial situation of sick could hurt long-term economic growth, further .measures to promote financial regulation more accountable, more transparent banking sector. .</ P> <P> the focus from the content of the draft is not difficult to find that public opinion generally that the summit will be hot before the proposed bank tax and fiscal policy choices and other issues really become the focus. .However, in these focus on the demands of developed economies in Europe and America the sound, the voice of emerging market countries should not be short. .Emerging markets for underdeveloped countries, the summit's focus will be to strengthen the international voice and as soon as possible share of the International Monetary Fund reform. .</ P> <P> due to the G20 summit will be held before the G8 summit, some experts believe that, G8 summit is likely to impose some of the issues thrown G20 summit, which causes G8 Summit "hijacked" G20 summit of the situation .. .</ P> <P> demands of emerging market countries remains an urgent </ P> <P> including Brazil, Mexico and Argentina, including representatives of emerging countries will have been agreed with the request to attend the meeting, one of the most eye-catching .is called for accelerated reform of the international Monetary Fund and World Bank, to strengthen the international financial system regulation. .</ P> <P> It is expected that the emerging requirements of the summit in Toronto, the World Bank and the International Monetary Fund "substantial" capital increase to help poor countries improve their capacity. .The two international financial institutions, the selection of leaders is the focus of emerging countries. .Emerging countries that should be "will they" instead of "nationality" decided that the World Bank and the International Monetary Fund candidates. .In addition, management of the two international financial institutions should implement "diversity." .</ P> <P> emerging countries based on the consensus reached in Brasilia, they will be pushing on the Bretton Woods system, "ambitious" and "Moments" reform, the World Bank and the International Monetary Fund in the "legitimacy ."left on the" deficit "must be resolved immediately. .</ P> <P> as the Institute of International Finance (IIF) of China, President Charles Daley said, the emerging market countries to be sound at this meeting. .In the world economic stage, only play a leading role by the United States and Europe have gone era, China, Brazil, Indonesia and Mexico and other developing countries will play a greater role. .</ P> <P> G8 Summit "set the tone" G20 summit? .</ P> <P> smooth emerging economies, "upper", was looking forward to the improvement of the voice, the present situation is a favorable mechanism by G20 platform, but because of the existence of G8, the process I am afraid to take time .. .</ P> <P> before the G8 summit, G20 summit will be held in Toronto, Canada. .Some experts believe that, G8 summit is likely to impose some of the issues thrown G20 summit, which causes G8 Summit "hijacked" G20 summit of the situation. .In particular, as the global financial crisis gradually subsided, G20 facing the future and the development of an important turning point. .China should be replaced with the United States tend to G20 G8, G20 summit in South Korea and other host factors in the second half, and actively promote the normalization of G20 mechanism, and gradually expanded summit issues, to promote the G20 mechanism play a greater role in more areas. .</ P> <P> Shanghai Institute of International Studies, director of the International Institute for Strategic Studies, said Zhao Gancheng, different from the past, this is the first G8 summit meeting to convene G20 summit, G8 summit, which can easily lead to setting the agenda for the G20 summit, .the former adhering to the will of the latter to form the impression. .Canada as a G8 member, very active in promoting a similar agenda, worthy of attention. .</ P> <P> experts say, G20 summit to prevent the re-take the "G8 +5" dialogue formula. .Yang Jian, vice president of Shanghai International Studies that, "G8 +5" mechanism appears has its historical inevitability and rationality, but it is a transition mechanism, but also a helpless choice, in general, is dominated by the G8. .</ P> <P> Department of Economics, Meiji Gakuin University professor Song Li of water that the world economic order has entered the transition period, the future economic activity in the G7 member countries in the proportion of the total global economy will gradually decline, and its activities on the world economy .The impact will come down, which for the G20 system offers the possibility to achieve normalization. .China G20 mechanism at least provides a platform to speak, once it realized the normalization will be conducive to China in the world economic order is in transition, actively participate in building a new order. .</ P> <P> Charles Dare China, said: "Eight is not as important. The world is now focused on the Group of Twenty Under the new governance structure, new situations and new leadership structure. Eight of their .members of the coordination of macroeconomic policy is still very important. But in reality, today's need for macroeconomic policy coordination in the Group of Twenty, rather than the Group of Eight. Eight can still play a valuable role. but there is a clear sign ., that the Group of Seven, or G from the stage only a matter of time. "</ P> <P> Canada," Financial Post "said that this is the first time the two summits held in almost the same time, highlighting the international community to build a new world .established order in two different international organizations, the division of labor. .</ P>.