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t proper representation . China, for example , in 2008 China has become the world's largest holder of foreign exchange reserves , the second largest trading nation , the third largest economy , GDP accounted for 6.4% of global GDP , but China in the International Monetary Fund and the World Bank the share of only 3.66% and 2.78% , with China 's economic strength serious discrepancies .

三是高管遴选机制不合理。长期以来，布雷顿森林机构高级管理层的遴选机制不透明，缺乏规范的标准和程序。

Three executives selection mechanism is unreasonable . For a long time , the Bretton Woods institutions opaque senior management selection mechanism , the lack of standardized criteria and procedures. International Monetary Fund and the World Bank president , respectively, by the Europeans and Americans as has become customary , the Bretton Woods institutions from the United States and Europe led the senior management , not only can not reflect the representation and voice of developing countries , but also from the fundamental weaken the developing countries in the Bretton Woods institutions, the management oversight and accountability based on the Bretton Woods institutions become a developed country controls an important platform for international economic order .

For a long time , the Bretton Woods institutions to the "Washington Consensus" as the guiding ideology , policy -sided emphasis on market orientation , liberalization , privatization, loan conditions there is a serious dogmatic tendencies. During operation , the Bretton Woods institutions will be putting the cart before the relationship between ends and means , the market , liberalization , privatization as an end rather than as a means to achieve stable development .

To IMF for example, the living core of the international financial system , the international monetary system as an important carrier , was first established features include three aspects: First, to maintain a fixed exchange rate system , to assist Member States intervene in the market exchange rate fluctuations ; two is to supervise the member 's balance of payments situation is serious deficit and to assist member States to provide financial assistance to adjust its implementation plan ; three is to help build trade between Member States current account multilateral payments system and to eliminate obstacles to the development of world trade exchange restrictions . However, in actual operation and failed to member states equally, with a clear bias: the international financial system for systemically important major international reserve currency issuing countries of the absence of regulation , while allowing its implementation excessively loose monetary and fiscal policy, leading to proliferation of global liquidity , the prevalence of speculation ; while for the majority of developing countries are respected excessive tightening macro- control policies, capital account liberalization , a floating exchange rate and other economic philosophy, too entangled in the exchange rate policy issues , often in the provision of relief State aid for the harsh conditions attached unrealistic , but aggravated the crisis in member countries .