Re:
Maybe it's the first step to an actual change of governance.
I completely agree, but I think considering everything you've written then this change is as close to revolutionary as you can feasibly expect from the imf. Way more for the stance against the USA than for anything else. It isn't supposed to do that.python said:^perhaps an important IMF change, but hardly groundbreaking...
until and unless the international monetary fund changes its outdated governance model, the unfair dominance of a single super-state will continue serving as as a POLITICAL tool of the said state. just like its military dominance or the dollar status of a reserve currency.
hardly fair to the rest of the world, including the european economies save such economic giants like chine and india.
when the governance changes currently blocked by the us to extend its unfair advantage go through, only then it would be groundbreaking. my opinion.
Maybe it's the first step to an actual change of governance.