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2019 | OriginalPaper | Chapter

13. Economic Scale, the United Nations Membership Dues, and Shares of the World Bank

Author : Xuguang Song

Published in: Understanding Chinese GDP

Publisher: Springer Singapore

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Abstract

This chapter explains the role of a country’s economic scale in its United Nations’ membership dues and shares in the World Bank. It starts with an introduction of the rules determining UN membership dues. In principle, UN membership dues are allocated in proportion equal to the proportion of each country’s GDP. However, per capita GDP is also used to determine preference concession. The chapter continues to explain how China’s UN membership dues have changed over time and shows that the choice of method—PPP or exchange rate—significantly affects the amount of membership dues paid by China. Finally, the authors discuss the payments to international financial institutions and voting rights, showing that a country’s decision-making power is related to its contribution.

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Footnotes
1
Data Source World Bank Database; China Statistical Abstract, 2014, p. 173.
 
2
Xu Xianchun, “Calculating the UN member fees and World Bank preference concession,” Beijing Statistics, 2000, issue 6, p. 47.
 
3
The World Bank includes five agencies: IBRD, IDA, IFC, MIGA, and ICSID. There are 188 members in total.
 
4
IMF, Report to the IMF Executive Board of the Quota Formula Review Group, Washington, April, 2000.
 
Metadata
Title
Economic Scale, the United Nations Membership Dues, and Shares of the World Bank
Author
Xuguang Song
Copyright Year
2019
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-32-9733-3_13