Preview: IMF-World Bank Spring Meetings

Global Business

Biz Asia America brings you extensive coverage from the 2014 IMF-World Bank Spring Meetings in Washington, D.C.

China, Russia and other major developing nations are angry about a delay in Washington that has blocked a reform plan that would give them a bigger voting share at the International Monetary Fund. Now the countries are pushing forward with the reforms without waiting for the United States. CCTV correspondent Shraysi Tandon reports.

Nations Angry as U.S. Stalls IMF Reforms

Nations Angry as U.S. Stalls IMF Reforms

China, Russia and other major developing nations are angry about a delay in Washington that has blocked a reform plan that would give them a bigger voting share at the International Monetary Fund. Now the countries are pushing forward with the reforms without waiting for the United States. CCTV correspondent Shraysi Tandon reports.

To discuss the history of the IMF and its impact on the global economy, anchor Phillip Yin interviews Anne Krueger, who previously served as the organization’s First Deputy Managing Director from 2001-2006. Krueger is currently a senior research professor at John Hopkins’ School for Advanced International Studies.

Evolving Role of IMF in Global Economy

Evolving Role of IMF in Global Economy

To discuss the history of the IMF and its impact on the global economy, anchor Phillip Yin interviews Anne Krueger, who previously served as the organization's First Deputy Managing Director from 2001-2006. Krueger is currently a senior research professor at John Hopkins’ School for Advanced International Studies.

According to the World Bank, aid to Afghanistan has led to remarkable growth in the country’s economy, which has expanded from $2.4 billion to an estimated 20 billion U.S. dollars between 2003 and 2012, an average rate of more than nine percent a year. The aid and growth have had a positive effect on the country in areas such as education and healthcare. Michelle Makori explains.

Corruption Plagues Growth in Afghanistan

Corruption Plagues Growth in Afghanistan

In 2012, at a donors' conference in Japan, the international community pledged four billion U.S. dollars a year in developmental aid for Afghanistan through 2017, but on condition that Kabul reins in corruption before receiving all of the money. Meeting that condition will depend, in part, on the outcome of this election. CCTV's Michelle Markori reports.