Scenario 2: A grand bargain is struck to comprehensively reform the IMF to give it renewed legitimacy and support, securing its position in the future.
o Double majority voting – as a key first step to democratizing decision-making at the IMF. This would mean decisions made through a majority of country votes as well as a majority of voting shares.
o Truly merit-based leadership selection – with no allocation of any top positions to countries or country groupings.
o Minimum standards of transparency, including publishing transcripts of board meetings.
Globalization makes capital shrink from many countries, there are more and more. Those who corrupt are the people in poor countries. They lack the necessary capital resources in developing countries. In particular, faced with economic restructuring plan of IMF after faced with the economic crisis. Capital shrink make these countries need to increase dependencies on foreign capital, forced to recover and pushed into more debt and increase the risk of external attacks. For those who get the benefit of capital shrinking are injection of capital lost into the stock market New York, and London because the capital shrink has pushed the value of these currencies higher that make England and the United States imported goods were down. While the poor countries lose the base resources for stop hunger die down.