The establishment in 1944 of the International Monetary Fund and the World Bank remains one of the most important achievements of international economic cooperation. Over the past six decades, the world has witnessed fundamental political and economic changes which have radically altered the environment in which the world's leading international financial institutions have had to operate. The wave of financial crises during the past decade has contributed to an emerging consensus that the international financial system, and the institutions underpinning it, are in need of reform.
The...

This book presents, for the first time in English, a collection of speeches by Wen Jiabao, China's premier from 2003 to 2013, delivered at six successive Summer Davos Forums held in China from 2007 to 2012. It also includes Wen Jiabao's special address given at the 2009 World Economic Forum Annual Meeting in Davos, Switzerland, and transcripts of his question and answer sessions at these events. Offering important insights not only into how China's macroeconomic policies responded to domestic and global challenges in the past six years, this book also reflects the strength and purpose of Wen...