On Construction of Decision-making Mechanism of the Asian Infrastructure Investment Bank
Bao Yun-chen
Abstract
Bao Yun-chen
Abstract
The Asian infrastructure investment bank has a stake in construction of decisionmaking mechanism. The decision-making mechanisms of existing international financial institutions tell us: assigning shares and voting rights to members according to factors such as the contribution rate,members in native area ought to possess majority share,basic votes and total voting rights always keeping proper proportion,members outside the area ought to be accepted,director's voting ought to reflecting voting will of members represented. The Asian infrastructure investment bank should draw lessons from existing international financial institutions to build an efficient and reasonable decision-making mechanism by reasonably distributing shares and voting rights,setting up the rules of procedure,setting up a decision-making body and its permissions.
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The Asian infrastructure investment bank has a stake in construction of decisionmaking mechanism. The decision-making mechanisms of existing international financial institutions tell us: assigning shares and voting rights to members according to factors such as the contribution rate,members in native area ought to possess majority share,basic votes and total voting rights always keeping proper proportion,members outside the area ought to be accepted,director's voting ought to reflecting voting will of members represented. The Asian infrastructure investment bank should draw lessons from existing international financial institutions to build an efficient and reasonable decision-making mechanism by reasonably distributing shares and voting rights,setting up the rules of procedure,setting up a decision-making body and its permissions.
Key concepts: Voting, Investment (military), Voting trust, Business, Mechanism (biology), Finance, Disapproval voting, Economics