Two heavyweights(重量级的) , the leaders of the IMF and the World Trade Organization, debated global economic government at the United Nations in Geneva. Dominique Strauss-Kahn, head of the IMF and Pascal Lamy of the WTO, shared their views on issues from governance to Europe's debt crisis to the prospect1 of welcoming several Eastern European nations into the WTO.
The financial crisis can be traced back bad governance. That's what Kahn told audiences at the debate. He says good legitimate2(合法的,正当的) governance is needed to prevent further crises.
Dominique Strauss Kahn, Managing Director, IMF said "It is clear that the issue of legitimacy3 has been discussed, like it is in the G-20 issue because the G-20 represents the 20 most powerful countries, today they are already 23, 24, that represent 80 percent of the world's economy, but there are 187 members in total, so there are 167 member states that remain outside this group and they do not have the intention to see how their policies and their future is being decided4 by a group of states that they have not chosen. "
The IMF leader shared the platform with Pascal Lamy, Director General of the WTO. Asked about prospects5 of Russia, Kazakstan and Belarus joining the WTO, Lamy says he expects them to join first as individual members and later to harmonize their positions as a customs union.
Pascal Lamy, Director General of World Trade Organization said "There are currently three countries that are candidates to become members of the WTO: Russia, Kazakhstan and Belarus. In each of these countries the state of the negotiations6 process is different. Russia and Kazakhstan are close to the conclusion to become members and Belarus is indeed farther and in my opinion things will happen according to the established practice in the past."
During the debate, Kahn also said that the situation in Europe remains7 troubling.