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2016-01-26

Lack of leadership on democracy by world leader of democracy

Comments on Andrew Sheng "Navigating the rocky road to a multipolar order", 25/01/2016

The refusal to ratify the 2009 G20 agreement to widen the voting rights distribution of the IMF by the US Congress appeared to show hypocrisy on the part of the world leader of democracy. It showed that the US congress did not accept democracy when its influence is going to wane. It did not show leadership on its part. The fact that so many major EU countries joined the China initiative of Asian Infrastructure Investment Bank reflect the US congress is losing support from its traditional allies on its irrational behaviour on IMF voting rights reform.

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