It is worthwhile recalling that similar discussions last year culminated merely in some additional posts being created in the two largest constituencies. For real and substantive reform, a package of measures must be adopted simultaneously, and the central issue, namely distribution of voting rights and representation of member countries on the Executive Board, addressed squarely.
The greatest losses have been observed in some of the world's largest banks, and one bank has been on the brink of failure. These enterprises have had thousands of highly educated and highly paid employees and managers at their disposal in order to avoid precisely such losses.