Key quotes from BRICS summit re IMF: Emerging markets and developing economies (EMDEs) have been growing at a faster pace than advanced economies over the past decades; however, Fund quota shares do not represent their current economic positions. The Fund should remain a quota-based institution, and quotas should continue to play a determining role in … Continue reading BRICS push to eliminate unfair western dominance of IMF (they could bully countries like Trump does, but they aren’t doing that)[1]